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Sanctioning Russia Act: New Economic and Financial Restrictions

This act imposes broad economic and financial sanctions on Russia if it refuses peace talks with Ukraine, violates an agreement, or launches another invasion. US citizens might indirectly feel the effects, such as changes in prices for certain goods imported from Russia or impacts on global financial markets. The goal is to pressure the Russian government to cease destabilizing actions.
Key points
Freezing assets and prohibiting transactions with key Russian officials, financial institutions, and state-owned companies.
Banning US financial institutions from investing in Russian entities and armed forces.
Increasing duties on goods and services imported from Russia to the US, including oil and gas, by at least 500%.
Prohibiting uranium imports from Russia and sanctioning countries trading Russian uranium.
Restricting the listing and trading of Russian securities on US exchanges.
Imposing duties on countries purchasing Russian-origin oil, uranium, and petroleum products, potentially affecting global energy prices.
article Official text account_balance Process page
Introduced
Citizen Poll
100%
Additional Information
Print number: 119_S_1241
Sponsor: Sen. Graham, Lindsey [R-SC]
Process start date: 2025-04-01
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Sanctioning Russia Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1241.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-04-01.

What are the main provisions?

Key points include:

  • Freezing assets and prohibiting transactions with key Russian officials, financial institutions, and state-owned companies.
  • Banning US financial institutions from investing in Russian entities and armed forces.
  • Increasing duties on goods and services imported from Russia to the US, including oil and gas, by at least 500%.
  • Prohibiting uranium imports from Russia and sanctioning countries trading Russian uranium.
  • Restricting the listing and trading of Russian securities on US exchanges.
  • Imposing duties on countries purchasing Russian-origin oil, uranium, and petroleum products, potentially affecting global energy prices.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Graham, Lindsey [R-SC].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy Security