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Nord Stream 2 Sanctions: Strengthening Europe's Energy Security

This act mandates sanctions against companies and their officers involved in the Nord Stream 2 pipeline's construction or operation. The goal is to enhance Europe's energy security and limit Russia's influence. Citizens might indirectly experience effects on energy price stability and foreign policy.
Key points
Mandatory sanctions for companies and their management involved in Nord Stream 2.
Individuals subject to sanctions will be inadmissible to the U.S., and their visas will be revoked.
Property of sanctioned entities in the U.S. will be blocked.
The U.S. President can only waive sanctions with Congressional review if it's in the national security interest.
The act requires reports on security risks posed by Nord Stream 2, including potential Russian intelligence activities.
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56%
VOTING RESULTS
2022-01-14
For 55
Against 44
Abstain 0
Full voting results open_in_new
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Status:
Failed
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Additional Information
Print number: 117_S_3436
Sponsor: Sen. Cruz, Ted [R-TX]
Process start date: 2021-12-18
Voting date: 2022-01-14
Meeting no: 2
Voting no: 8