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WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) – the ranking member of the Senate Banking, Housing, and Urban Affairs Committee, which has jurisdiction over financial and trade sanctions on other countries – helped broker a deal with Republicans and Democrats that will strengthen and expand U.S. sanctions on Russia.
The deal reached late last night will add provisions to strengthen Russian sanctions to an Iran sanctions bill being considered in the Senate. Brown spoke on the bill on the Senate floor today.
“The Ukrainian community in Ohio and around the world knows firsthand the dangers of unchecked Russian aggression. We should strengthen – not weaken or relax – Russian sanctions,” said Brown. “I urge my colleagues here and in the House to support this amendment, and I urge the President to sign it into law. We must continue to vigorously enforce and strengthen sanctions against Russia, to send a message to its leaders and the world that the United States of America will not tolerate efforts to undermine democracy around the world. This bipartisan bill is an important step in that direction.”
Brown and U.S. Sen. Mike Crapo (R-ID), the Republican Chairman of the Banking Committee, announced an agreement in May. Last night, the two Senators, along with their colleagues from the Senate Foreign Relations Committee, Chairman Bob Corker (R-TN) and Ranking Member Ben Cardin (D-MD) announced a bipartisan amendment which will:
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