Sanctions Bill Against Russia Blocked Until Elections

By: delo.ua|2026/09/04 06:16:38

The sanctions bill against Russia, passed by the U.S. Senate, is facing resistance in the House of Representatives and is likely to remain blocked until the elections on November 3. Lawmakers are concerned that it will expand President Donald Trump's powers and lead to rising oil prices. House Speaker Mike Johnson expressed doubt about voting on the bill, noting that lawmakers will only be working in Washington for a few days over the next two months. He emphasized the need for proper wording of the law. Chairman of the Foreign Affairs Committee Brian Mast noted that the bill could affect fuel prices, forcing India and other buyers to seek oil from other countries. Democrats are worried that Trump will use the law to impose sweeping tariffs. Congressman Gregory Meeks and Democrat Brad Schneider criticized the bill for giving the president additional powers. Earlier, Senator Richard Blumenthal had mentioned the possibility of the bill being passed in September. On August 7, the Senate supported the sanctions bill against Russia and Iran, with 86 senators voting in favor.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com