Sponsors (155)
This bill sharply tightens and automates sanctions and enforcement to deprive Russia of finance and energy revenue and to shore up U.S. and allied security, but it does so at the cost of higher prices for some Americans, significant compliance and administrative burdens, reduced executive flexibility and oversight, and risks of market disruption or retaliatory responses.
U.S. taxpayers, investors, and financial institutions: the bill sharply reduces Russian government and military access to U.S. capital and financial services by banning investments, sovereign debt purchases, blocking property/accounts, and cutting correspondent access to state banks and oligarchs.
Financial institutions, regulators, and U.S. policymakers: the bill creates a predictable, recurring enforcement cadence (15‑day/90‑day triggers and automatic reviews) and new authorities to sanction enabling providers, improving the ability to detect and deter sanctions evasion.
U.S. utilities, energy companies, and consumers: the bill reduces U.S. dependence on Russian energy and nuclear inputs by banning investments and imports tied to Russian oil, gas, uranium, and petrochemicals and by targeting Rosatom, increasing U.S. energy security leverage.
U.S. consumers and businesses: the bill is likely to raise energy, electricity, fuel, and petrochemical input costs (and could cause short-term shortages), increasing prices for households and manufacturers.
Banks, brokers, funds, and other firms: the bill imposes substantial compliance costs, forced divestments, rapid unwind windows (often 15 days), and heightened legal exposure that can disrupt portfolios, raise operational expenses, and chill legitimate transactions.
U.S. government and diplomats: automatic, recurring sanctions and expanded IEEPA authorities reduce Presidential discretion and procedural checks (including waivers that remove prior requirements), concentrating power and limiting flexibility in diplomacy and oversight.
Based on analysis of 38 sections of legislative text.
Imposes rapid, recurring sanctions, trade bans, and 500% minimum import duties tied to a presidential determination to pressure Russia, restricting investments, trade, finance, and securities.
Introduced April 1, 2025 by Brian K. Fitzpatrick · Last progress April 1, 2025
Imposes a broad, recurring package of economic and trade penalties triggered by a presidential "covered determination" about hostile Russian actions. It bars U.S. persons and institutions from investing in, financing, buying sovereign debt of, or exporting energy to Russian government-controlled entities and the Russian armed forces; blocks property and financial accounts; bans imports of Russian uranium; directs steep import duties (minimum 500% ad valorem) on goods and services from Russia and on countries that knowingly trade in Russian-origin energy/uranium; and requires Treasury, Commerce, the SEC, and other agencies to implement sanctions and prohibitions on a 15‑day and then 90‑day recurring schedule. Includes carve-outs for humanitarian and authorized intelligence activities, uses IEEPA authority and its penalties, requires an initial Presidential determination within 15 days of enactment, and conditions termination of measures on verified Russian behavior and a peace agreement with Ukraine. The law also compels the President and agencies to sanction foreign financial-message providers, major Russian banks, government‑owned entities, and persons who facilitate sanctioned activity, while granting narrow waiver authorities for duties on third countries for national security reasons.