U.S. Rep. Marie Gluesenkamp Perez, D-Skamania, recently voted for a comprehensive package of sanctions targeting Russia, a news release from her office announced.
The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 is a critical effort to cripple funding for Russia’s War in Ukraine by penalizing countries that buy Russian oil, the congresswoman stated in a news release. The bill was voted on in the Senate earlier this year, where it passed 86-11. The bill went on to pass in the House 262-159.
This package includes a number of sanctions, specifically:
• Imposes blocking and entry sanctions on specified Russian officials, including Vladimir Putin and senior political and military leaders, oligarchs who haven’t opposed the war or continue to benefit from ties with the Russian government, executives and controlling owners of major Russian energy projects, foreign companies supporting Russia’s defense industrial base or military, and persons engaged in corruption, money laundering or sanctions evasion for the Russian government.
• Imposes sanctions on Russia’s “shadow fleet,” a network of vessels and supporting entities used to transport Russian oil and other goods while concealing ownership or transactions to circumvent sanctions, the release stated.
• Imposes sanctions on the Central Bank of Russia, Sberbank, VTB Bank, Gazprombank and other covered Russian financial institutions. Foreign financial institutions engaging in significant transactions with sanctioned Russian institutions shall also be sanctioned.
• Imposes sanctions on entities in which the Russian government holds a controlling or majority interest or that are otherwise government-affiliated, and restricts U.S. financial institutions from processing specified transactions involving the Russian government, government-owned entities or Russian officials.
• Restricts certain Russian securities from U.S. exchanges; prohibits new U.S. investment in Russia and its energy sector and transfer of U.S.-produced energy or energy products; prohibits purchases of Russian sovereign debt; authorizes restrictions on certain services to Russia; and sanctions certain financial-messaging providers used to circumvent sanctions.
• Directs implementation of existing restrictions on Russian uranium imports under 42 U.S.C. §2297h-10a(d), including covered uranium associated with Rosatom or its subsidiaries or successors, and requires sanctions against specified officials and shareholders.
• Extends the deadline of the 1996 Iran Sanctions Act from 2026 to 2031.
In addition to steep sanctions, the bill would introduce secondary measures including up to 500% duties on Russian goods and up to 100% duties on third-party countries that purchase Russian oil/gas or facilitate sanctions evasion.
“I’m proud to represent one of the largest Ukrainian communities in America — people who have lost fathers, mothers, sons and daughters in the fight to defeat fascism,” Gluesenkamp Perez said in the release. “I urge the President to move quickly to implement these critical sanctions to ensure that Putin and his people know there is a steep price for their continued disregard for the sanctity of life.”
