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Senate Foreign Relations Committee Passes Russia Sanctions Bill

The Senate Foreign Relations Committee passed a bill Dec. 18 that would impose “wide-ranging sanctions” on Russian companies and people involved in Ukraine interference, human rights abuses and more, the committee said in a press release. The bill would also…

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sanction Russian banks that support the government’s effort to undermine democracy, sanction investment in Russian liquefied natural gas projects, and impose sanctions on Russia’s cyber sector, sovereign debt, political figures and oligarchs. The bill would also sanction members of Russia’s shipbuilding sector that prohibit free navigation, and designate state-owned energy projects outside of Russia. The bill has strong bipartisan support and next heads to the Senate floor.