WASHINGTON –Sen. Chuck Grassley (R-Iowa)
joined Marco Rubio (R-Fla.) in introducing the
Halting Enrichment of Russian Oligarchs and Industry Allies of Moscow’s
Schemes to Leverage its Abject Villainy Abroad (HEROIAM SLAVA) Act, which
would impose sweeping sanctions on all Russian state-owned enterprises. The
HEROIAM SLAVA Act, named after the iconic Ukrainian rallying cry and symbol of
national resistance, would deny companies controlled or owned by Moscow – such
as Rosneft, Gazprom, Rosatom, Aeroflot and RT – access to critical American
capital as they fund Vladimir Putin’s war efforts.
“As Putin continues indiscriminately
bombing Ukraine and murdering innocent civilians, the U.S. must take every
possible step to ensure Russia is completely cut off from American capital.
Russia’s state-owned oil and gas companies fund Putin’s war machine. Our bill
will make sure American companies play no part in that,” Grassley said.
“Putin is actively fueling the Russian
war machine through funds generated by Moscow’s state-owned corporations,” Rubio said. “No Russian state-owned
enterprises should have access to American capital while a bloodthirsty
dictator is waging an invasion against Ukraine.”
This week, Grassley has also helped
introduce the
American Energy
Independence Act of 2022, which seeks to reverse Biden’s shutdown of the
American energy sector and return American energy to full production;
pushed
to ban any further imports of Russian oil; called on Russia to be
removed
from the United Nations Security Council; and urged Treasury Secretary Janet
Yellen to
block
Russian access to any additional financing through the International Monetary
Fund (IMF).
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