WASHINGTON — The Biden administration on Wednesday is set to announce additional sanctions targeting Russian financial institutions, as well as Kremlin officials and their family members, three people familiar with the matter tell NBC News.

In lockstep with European Union members and the Group of 7 member countries, the new sanctions package will ban all investment in Russia as well as state-owned companies.

This is the latest round of sanctions which has seen Russia surpass Iran and North Korea in terms of being the most sanctioned nation. Moscow is pushing ahead with its brutal invasion of the neighboring country, and the Russian economy has been severely affected by these sanctions.

You will find the following sweeping actions global outrage over mounting evidence of Russian war crimesUkraine. Ukrainian officials stated that Russian troops had tortured and murdered hundreds of civilians in Bucha this weekend.

Volodymyr Zeleskyy, President of Ukraine, described what he witnessed in Kyiv’s suburbs as a “genocide.” Russia was accused of war crimes.

On Tuesday, the United Nations made a stunning appearance. Zelenskyy called for a Nuremberg-style tribunalRussian war crimes to be investigated and tried.

Zelenskyy stated that “the massacre in Bucha is just one” and “unfortunately, only one” among many examples of Russian occupation on Ukraine’s land in nearly 20 minutes.

U.S. allies and European allies had previously charged Russia with war crimes in Ukraine. This was based on evidence that Russia intentionally targeted civilian targets. Russia denies that its actions in Ukraine are a terrorist attack and describes them as “special operations.”

Russia invaded the ex-Soviet country on Feb. 24, more than 1,400 people have diedThe United Nations estimates that there are 6.1 million people living in Ukraine, with the remainder being children. According to the United Nations, the deaths in Ukraine could be higher because of the delayed reporting due to the conflict.

Martin Griffiths from UN Humanitarian Aid told the UN Security Council that Russia’s invasion of Ukraine has led to more than 25 percent of the population fleeing the country.

Griffiths stated that “the current numbers on displacement show that over 11.3 million people are forced to flee their homes, and that approximately 4.2 million of those have become refugees.”

Joe Biden on Monday called Vladimir Putin, Russian leader of Russia, “a war criminal”. He also stated that he should be put on trial for ordering the violence in Ukraine.

Biden said that the man was brutal and Bucha’s events are outrageous. Everyone has seen them.” Biden stated, “I consider it a war crimes… He ought to be held accountable.”

Biden’s national defense advisor said similar sentiments, and that the State Department would assist the UN in its investigation of possible war crimes.

Before traveling to Belgium ahead of NATO and G-7 meetings, Secretary of State Antony Blinken described the reports of Russian war crimes in Ukraine as “more than credible.”

Bucha was not a random attack by a rebel unit. “It’s a deliberate campaign in order to murder, torture, rape and commit atrocities,” Blinken said to reporters who were traveling along with him. These reports are beyond credible. All evidence can be seen by the entire world.

On Tuesday morning, NATO Secretary General Jens Stoltenberg stated to reporters that his alliance was committed to support the investigation by the U.N. International Criminal Court.

It is considered a war crime to target and kill civilians. Stoltenberg stated that all the facts need to be proven and that those who committed these atrocities should be held accountable. He also said that there was reliable evidence to support the assertions of war crimes in Bucha, as well as other cities within Ukraine.