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House passes Russia sanctions bill

House passes Russia sanctions bill

Also reported by CBS News

Summary

The House of Representatives passed a new bill to increase sanctions on Russia and give President Trump more power to tax buyers of Russian oil and gas. The bill targets a network of old Russian tankers used to avoid sanctions and was sent to President Trump to sign.

Key Facts

  • The House passed the Russia sanctions bill with a vote of 262 to 159.
  • The bill allows President Trump to impose extra tariffs of up to 100% on countries buying Russian oil and gas.
  • It targets Russia’s "shadow fleet," which is a group of old tankers used to evade sanctions.
  • The bill is named after Senator Lindsey Graham, who led the effort and died in July.
  • Some Democrats supported the bill, but Democratic leaders opposed giving Trump more tariff powers.
  • Republicans blocked efforts to limit the tariff powers in the bill.
  • Some Republicans opposed the bill due to concerns over U.S. involvement in the Russia-Ukraine conflict.
  • The Senate passed the bill last month with strong bipartisan support, and President Trump endorsed it before the House vote.
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