Loading…
S. 5025119th CongressIn committeeLatest action Jul 16, 2026Decoded by AI · checked against the record
Official title: Lindsey O. Graham Sanctioning Russia Act of 2026
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
The bill would sanction Russian officials, banks, and energy firms, and impose tariffs up to 500% on Russian goods.
50-second read · 4 questions answered below
The bill requires sanctions on top Russian officials, major state banks, and defense or energy companies, and bars Americans from investing in Russia or trading Russian stocks and debt. It bans imports of Russian uranium and energy, imposes tariffs up to 500% on Russian goods, and raises tariffs up to 100% on countries that keep buying Russian oil or gas or help Russia evade sanctions. It also targets tanker "shadow fleets" and the banks, insurers, and ports that support them, with exceptions for humanitarian aid, nuclear cooperation, and NASA activities.
Large financial institutions, energy and oil companies, shipping firms, and international traders would face new compliance requirements. Countries that buy Russian oil or gas could face new U.S. tariffs.
The restrictions could raise costs for global energy and trade markets, potentially affecting U.S. consumers indirectly, and could strain diplomatic relations with countries that continue trading with Russia.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Coverage of this bill from across the press — each outlet's political lean labeled where AllSides has rated it, and marked "Not rated" where it hasn't.
Newest of these articles:
Coverage of this bill so far comes from one side of the spectrum. Read it with that in mind.
jns.org
Not rated
washingtonpost.com
Leans left
realclearworld.com
Not rated
Jul 23, 2026
timesofindia.indiatimes.com
Not rated
economictimes.indiatimes.com
Not rated
Lean labels describe the news outlet, not this bill or any party. Ratings by AllSides.