Senate passes Lindsey O. Graham Sanctioning Russia Act in 86-11 vote

Lindsey O. Graham Sanctioning Russia Act of 2026·Latest event August 11, 2026

Aug 10

Senate passes Lindsey O. Graham Sanctioning Russia Act in 86-11 vote

The Senate approved the legislation on August 7, targeting Russia's energy and banking sectors. The bill also freezes the assets of top military commanders. It passed with broad bipartisan support and now moves to the House for consideration. The measure proposes blocking major financial institutions like Sberbank from the U.S. financial system. Representative Michael McCaul introduced a companion measure in the House on August 10. This version includes 500 percent tariffs on Russian goods. Some analysts warned high tariffs could impact trade with India and China. Proponents argue the bill is the most effective way to damage the Russian economy. The legislation targets major buyers of Russian oil and gas to limit Moscow's revenue.

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Jul 28

Senate Republicans advance the Lindsey O. Graham Sanctioning Russia Act of 2026

The legislation seeks to impose sweeping sanctions on Russia's energy and banking sectors. It also freezes the assets of top military commanders. Republican supporters are moving the bill forward as world leaders gather to honor the late Senator Graham. The proposal includes import tariffs of up to 500 percent on Russian goods. It also aims to block major institutions like Sberbank from using the U.S. financial system. Paul opposes the measure. He argued that the sanctions will fail to end the war in Ukraine. He said the penalties will instead harm American consumers. He claimed the bill will not stop Putin but will negatively impact the domestic economy.

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Policies

S. 5025 and H.R. 10076 are companion bills that propose similar economic penalties on Russia. The Senate version is further along in the legislative process, while the House version remains in committee as of August 11, 2026.

Russia and Iran: New Economic Sanctions

H.R. 10076

Russia: Comprehensive Sanctions and Trade Penalties

S. 5025