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The bill allows Democratic lawmakers a chance to frame for voters in November where they stand on policies that polls show are widely supported.
The most powerful country in the world cannot discipline its own citizens against the uncontrolled spread of guns across the country.
Biden said NATO would meet on Friday to map out further measures.
The Executive Order signed by Biden prohibits new investment, trade and financing by US persons to, from, or in the so-called DNR and LNR regions of Ukraine.
Taliban's hardline interim government includes specially designated global terrorist Sirajuddin Haqqani as the acting interior minister.
After backing the 2001 US invasion, Biden became a skeptic of US nation-building efforts and harboured deep doubts about the Afghan government's ability to develop the capacity to sustain itself.
Forced into a hasty and humiliating exit, Washington and its NATO allies carried out a massive but chaotic airlift over the past two weeks, but still left behind tens of thousands of Afghans who helped them.
Two suicide bombers and gunmen attacked crowds of Afghans flocking to Kabul's airport on Thursday, killing at least 60 Afghans and 13 US troops.
Biden could signal his intentions at a virtual meeting of the Group of Seven wealthy nations on Tuesday.
The official, who spoke on condition of anonymity, added that the group planned to ready a new model for governing Afghanistan within the next few weeks.