Deterring Authoritarian Hostilities Act of 2022: New Sanctions on Russia
This act introduces new economic sanctions against Russia if it infringes on Ukraine's territorial integrity. Citizens might experience indirect effects, such as changes in the global economy or commodity prices, though it does not directly impact their daily lives in the U.S.
Key points
Immediate sanctions on Nord Stream 2 AG, potentially affecting energy supplies in Europe.
Imposition of sanctions on Russian economic sectors (energy, finance, mining, aerospace) and key individuals if Russia infringes on Ukrainian territory.
Prohibition on transactions involving new Russian sovereign debt and debt of Russian-controlled entities, potentially impacting Russia's financial stability.
Authorization to cut off Russian banks from global financial communication systems like SWIFT, hindering international transactions.
Expired
Additional Information
Print number: 117_S_3513
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2022-01-13