Senators Reintroduce Bill to Sanction Russian State Companies
Senate Republicans last week reintroduced a bill that could require the U.S. to sanction all Russian state-owned companies. The bill, titled the Halting Enrichment of Russian Oligarchs and Industry Allies of Moscow’s Schemes to Leverage its Abject Villainy Abroad Act,…
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would require the president to impose the sanctions 60 days after the legislation is enacted. “We have a moral duty, and it’s in our national security interest, to do everything in our power to limit any U.S. funds that enrich the pockets of the Russian regime,” said Sen. Marco Rubio, R-Fla., who reintroduced the bill alongside Sens. Chuck Grassley, R-Iowa, and Rick Scott, R-Fla.