US Senate Passes Russia-Iran Sanctions Bill Named for Graham
The US Senate passed a sanctions bill on Friday. It targets Russia and Iran.
Senators voted 86-11 to approve it. The bill now goes to the House for consideration.
It would place new sanctions on Russia. It also targets countries that buy Russian oil.
This responds to Russia's invasion of Ukraine. The bill would also renew sanctions on Iran.
It gives the president power to add tariffs. These would target major buyers of Russian oil, gas and other exports.
Some Democrats raised concerns about giving the president this tariff power. The bill was renamed the Lindsey O Graham Sanctioning Russia Act.
This honors Lindsey Graham, a South Carolina Republican senator. Graham had championed the bill for a long time.
He worked on it during his final days. His sudden death last month helped speed up the vote. The House is expected to consider the bill after lawmakers return in August.
Key Terms 3
- Sanctions Penalties that block trade or money dealings with a country.
- Tariffs Taxes placed on goods imported from other countries.
- Lindsey Graham A South Carolina senator who pushed for this bill before his death.