A bipartisan group of US Senators urged the Biden to impose additional sanctions on Myanmar's military junta over its February takeover of the government.
Secretary of State Antony Blinken and Treasury Secretary Janet Yellen in a letter on Tuesday was asked to explore new avenues to support the people of Burma in their ongoing struggle for democracy in the face of escalating crimes against humanity.
Biden is urged to target or freeze all foreign currency revenues and foreign exchange reserves held in state accounts outside of Burma.
The lawmakers also called for the joint ventures involving multinational oil and gas companies to pay revenue into a trust or protected account which is either held until such time as Burma has a legitimate and democratically-elected government or used for humanitarian purposes.