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Strengthening Sanctions Against Nord Stream 2 AG

This act mandates sanctions against Nord Stream 2 AG, the company behind the Nord Stream 2 pipeline. The goal is to counter Russia's use of energy as a political weapon. For citizens, this signifies a further tightening of US foreign policy towards Russia, potentially indirectly affecting energy market stability and international relations.
Key points
Mandatory imposition of sanctions on Nord Stream 2 AG within 15 days of the act's enactment.
Changes to the rules for waiving or terminating sanctions, giving Congress more oversight.
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Status:
Expired
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Additional Information
Print number: 117_S_3322
Sponsor: Sen. Cruz, Ted [R-TX]
Process start date: 2021-12-07