The United States will consider possibly freezing assets belonging to the Libyan government and leader Moammar Gadhafi as it weighs its response to Libya's political crisis but no decision has been taken yet, the U.S. State Department said Wednesday.

"Is it in the toolbox? Yes," State Department spokesman P.J. Crowley said when asked if possible asset freezes were under consideration. Crowley stressed any future steps, including possible sanctions or asset freezes, would be coordinated with the international community.