In committee
Peace Through Strength Against Russia Act of 2025
This bill imposes sweeping economic restrictions on Russia by cutting off its major banks, state-owned companies, and top officials from the U.S. financial system and revoking their U.S. visas. It bans Americans from investing in Russia, purchasing Russian government debt, or trading Russian-linked stocks on domestic exchanges, while raising import tariffs on Russian products up to 500 percent and barring fuels refined abroad from Russian crude oil. The legislation also penalizes foreign businesses and shipping networks that help Russia evade oil price caps or supply weapons from North Korea, allows interest from frozen Russian assets to fund loans to Ukraine, and makes U.S. sanctions against Iran permanent.
People affected—not determinable from the text provided; targets broad categories of foreign government officials, military personnel, foreign financial institutions, and global market entities without specifying discrete population numbers.
Fiscal magnitude—no CBO estimate published
Reach78provisional · pending reviewrigor: heuristic llm
What this bill touches.
Aid & alliances+50Trade & tariffs−60
Who it helps · who it burdens.
Who it helps
- Financial institutions holding immobilized Russian state assetsPermitted to retain interest earned on immobilized Russian state assets rather than returning it to the Russian Federation (Sec. 103(e)(1)).
- Government of UkraineProtects loan repayments serviced with the proceeds of immobilized Russian sovereign assets from US sanctions (Sec. 103(e)(2)).
- Humanitarian and medical relief providersExempts transactions involving agricultural goods, food, medicine, medical devices, and humanitarian relief from the bill's sanctions and prohibitions (Sec. 116(a)).
- National Aeronautics and Space Administration (NASA) and space launch contractorsExempts NASA and non-Department of Defense space launches and their contractors from sanctions restricting Russian space products or services (Sec. 116(k)).
Who it burdens
- Senior Russian government and military officialsSubjects senior Russian officials, military leaders, oligarchs, and state-affiliated entities to asset freezes, visa bans and revocations, and bans on trading their securities on US stock exchanges (Sec. 102, 104, 106).
- Russian state-owned and affiliated banksImposes asset freezes, US correspondent banking account bans, and prohibitions on US dealings on the Central Bank of Russia, major state-owned banks, and foreign institutions transacting with them (Sec. 103).
- US investors and businessesProhibits new investment in Russia and its energy sector, exports of designated services and US energy products to Russia, dealings with sanctioned Russian banks, and purchases of Russian sovereign debt (Sec. 103(b), 107, 108, 109).
- US banks and registered broker-dealersProhibits US banks and registered securities broker-dealers from processing fund transfers to, from, or for the benefit of the Russian government or its officials (Sec. 105).
- Foreign petroleum refineries using Russian crudeFaces US import bans on petroleum and energy products produced at any foreign refinery that uses crude oil originating in Russia (Sec. 112).
- US importers of Russian goodsFaces tariff rate increases of up to 500 percent ad valorem on all goods imported into the United States from Russia (Sec. 115).
- Global financial messaging service providersFaces property-blocking sanctions if they knowingly enable financial institutions to circumvent US sanctions against Russia (Sec. 110).
- Entities facilitating North Korean military support to RussiaFaces property freezes and visa bans for supplying North Korean weapons, materials, or personnel to support Russia's military operations in Ukraine (Sec. 113).
- Persons involved in the forced transfer of Ukrainian childrenFaces property-blocking and visa sanctions for directing or participating in the kidnapping and forced transfer of Ukrainian children (Sec. 114).
Who opposes it
- Government of the Russian FederationDirectly curtails state revenues, sovereign debt financing, banking access, energy exports, and military operations through comprehensive economic sanctions and trade bans (Sec. 102–115).