Sponsors (155)
Introduced April 1, 2025 by Brian K. Fitzpatrick · Last progress April 1, 2025
The bill sharply increases U.S. leverage over Russia by cutting financial, trade, and energy ties and speeding recurring sanctions—strengthening national security at the cost of higher economic and compliance burdens for U.S. businesses, consumers, and reduced procedural oversight.
All Americans: sharply reduce Russia's access to U.S. capital, banking, payments, and markets by blocking investments, sovereign debt purchases, correspondent accounts, securities trading, and asset transfers tied to Russian government or state actors.
U.S. energy and nuclear security: restrict U.S. exports, transactions, and purchases tied to Russian oil, gas, petrochemicals, and Russian-origin uranium, reducing revenue to Russian energy and nuclear actors and limiting reliance on a geopolitical adversary.
Stronger, faster enforcement: creates statutory timelines and recurring determinations (15‑day triggers, 90‑day renewals) and gives clear authority (including high import duties) to impose rapid, repeatable sanctions and trade measures so U.S. policy can be applied promptly and escalated when needed.
Many Americans (consumers, taxpayers, businesses): face higher costs and possible supply disruptions—especially for energy, heating, transportation, and goods using petrochemical inputs—because steep duties, export bans, and restricted trade with Russian‑linked inputs raise import and production prices.
Financial institutions, investors, and many companies: will incur substantial compliance costs, legal uncertainty, and risk forced divestments, blocked transactions, or abrupt asset freezes that could disrupt markets and cause investor losses.
Democratic oversight and procedural safeguards are reduced: the bill concentrates executive sanctioning authority (including waiving IEEPA emergency findings and expanding delegation), which raises separation-of-powers, oversight, and legal‑certainty concerns for the public and Congress.
Based on analysis of 38 sections of legislative text.
Imposes a wide-ranging set of sanctions, trade bans, tariff increases, and financial restrictions against the Russian government, Russian government–controlled entities, and persons that support or enable Russian military or economic activity. After a presidential finding that specified hostile acts have occurred (a “covered determination”), the bill quickly bars U.S. investments that benefit Russian state entities or the Russian armed forces, prohibits U.S. purchases of Russian sovereign debt, targets major Russian banks and state-owned companies with asset blocks and transaction bans, restricts cross-border payments and financial messaging, bans certain energy exports to Russia and imports of Russian uranium, and requires punitive tariffs on imports from Russia and on third countries that trade in Russian-origin energy products.