House nears vote on Russia sanctions bill named after Lindsey Graham
WASHINGTON (AP) - The House will vote Wednesday on a broad package of sanctions targeting Russian authorities and key pillars of its economy as lawmakers look to deprive Russian President Vladimir Putin of the financial resources needed to wage the…
WASHINGTON (AP) – The House will vote Wednesday on a broad package of sanctions targeting Russian authorities and key pillars of its economy as lawmakers look to deprive Russian President Vladimir Putin of the financial resources needed to wage the war against Ukraine.
Article outline
- What happened
- The key numbers
- The bottom line
Key points
- Ukrainian President Volodymyr Zelenskyy has been pushing for the bill's passage and created a direct appeal to senators shortly before they passed it last month.
- The measure sanctions Russian authorities, banks and a shadow fleet of tankers that keeps Russian energy moving.
- "These countries have a choice to make about whether they will continue to sustain Putin's aggression, " remarked Rep.
- The bill is named after the late Sen.
In practice, the bill is named after the late Sen. Lindsey Graham of South Carolina. This person spent more than a year working on it. If the House passes the bill, it would go to President Donald Trump to be signed into law.
Notably, the legislation represents the most ambitious effort to backing Ukraine since President Donald Trump's return to the White House and would break almost two years of relative gridlock on the matter after a 2024 emergency aid package. Ukrainian President Volodymyr Zelenskyy has been pushing for the bill's passage and created a direct appeal to senators shortly before they passed it last month.
Notably, the measure sanctions Russian authorities, banks and a shadow fleet of tankers that keeps Russian energy moving. It additionally directs Trump to impose up to 100% tariffs on the top five importers of Russian oil or natural gas, with an exception for countries that import less than 15% of Russia's natural gas exports and have taken significant steps to reduce those imports.
"These countries have a choice to make about whether they will continue to sustain Putin's aggression, " remarked Rep. Michael McCaul, R-Texas.
In short, house nears vote on Russia sanctions bill named after Lindsey Graham is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
