The U.S. Senate Committee on Banking, Housing and Urban Affairs published a statement from Chairman Tim Scott backing the imposition of “tough, targeted” sanctions on Russia and signaling his intent to advance sanctions legislation through the committee. Scott cited bipartisan work by Senators Lindsey Graham and Richard Blumenthal and said he plans to work with House and Senate leadership to move a bill to President Trump. He framed the sanctions as aimed at weakening President Putin’s war effort, increasing pressure on the Kremlin, and providing President Trump added leverage at the negotiating table.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2025-11-22
U.S. Senate Committee on Banking, Housing and Urban Affairs chair endorses tough targeted sanctions on Russia
The U.S. Senate Committee on Banking, Housing and Urban Affairs, led by Chairman Tim Scott, supports imposing "tough, targeted" sanctions on Russia, with plans to advance related legislation to President Trump. Scott highlighted bipartisan efforts by Senators Lindsey Graham and Richard Blumenthal, aiming to weaken President Putin's war efforts and increase pressure on the Kremlin.