Overview
- The House Rules Committee scheduled consideration for Monday, Sept. 14, which would clear the way for a full House vote later that week if the committee approves the terms of debate.
- The Senate approved the Lindsey O. Graham Sanctioning Russia and Iran Act by an 86-11 vote in August, and House leaders have moved to bring the package to the floor this month.
- The bill would allow the president to impose tariffs of up to 100% on the five largest importers of Russian crude and natural gas and on countries aiding Russia’s sanctions evasion.
- The legislation also expands targeted sanctions on President Vladimir Putin, senior Russian officials, major Russian banks and energy projects, and it extends U.S. Iran sanctions for five years.
- House Democrats and industry groups warn the tariff authority could raise costs for U.S. consumers and strain relations with major trading partners, while supporters say the measures would sharply increase pressure on Moscow; next week may be the last congressional window to act before midterm campaigning begins.