[Congressional Record Volume 168, Number 40 (Monday, March 7, 2022)]
[House]
[Page H1306]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  STOP FINANCING RUSSIA'S OIL ECONOMY

  (Mr. COMER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. COMER. Madam Speaker, I rise to stand in solidarity with the 
people of Ukraine in the face of unprovoked Russian invasion.
  Vladimir Putin's war has sent millions of Ukrainians fleeing, and he 
is now targeting civilian populations, schools, and hospitals.
  Economic sanctions have begun to cripple their economy. Private-
sector companies have also isolated Russia from many aspects of the 
21st century economy. But unfortunately, all economic leverage has not 
been utilized. We must do more.
  I do not support sending American troops into this conflict. However, 
America can demonstrate leadership by cutting off our purchases of 
Russian oil. But just like on many other aspects of this crisis, 
President Biden is playing catch-up. He has yet to take the commonsense 
step of stopping American financing of Russia's oil economy.
  Now more than ever, we should be massively increasing domestic oil 
production. But President Biden is more focused on pandering to his 
far-left environmental base than making America energy independent from 
an enemy.
  We must stop financing Russia's war on Ukraine. President Biden must 
act.

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