Larry Kudlow: How the US Could Gut Russia’s War Chest | CPAC 2022 | TEASER

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“When oil prices are low, you don't hear from Putin. When oil prices are high, that's how they make their money. That's all they have… We’re at $100 a barrel and rising, so Putin has got the money to go into Ukraine.”

At the 2022 Conservative Political Action Conference (CPAC), we sat down with Larry Kudlow, the former Director of the White House National Economic Council, to discuss the Russian invasion of Ukraine and the financial tools the U.S. has at its disposal to counter Putin.

On Monday, the U.S. Treasury Department announced sanctions on the Russian central bank, but will notably be giving exemptions for some energy-related transactions.

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Larry Kudlow: How the US Could Gut Russia’s War Chest | CPAC 2022