[Congressional Record Volume 172, Number 123 (Tuesday, July 28, 2026)]
[Senate]
[Page S4290]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



                               Sanctions

  Mr. RISCH. Mr. President and fellow Senators, I come to the floor 
here to support the bill we are going to vote on here pretty quickly, 
and that is on a Russia and Iran sanctions bill. It is no secret that 
this thing has been worked on for a long, long time. It is also no 
secret that this is a bipartisan effort--I think you heard both sides 
speaking about this--and there is good reason for that.
  At nearly 4\1/2\ years, Russia's full-scale invasion of Ukraine has 
dragged on far too long. We all want to see this war end.
  Now, with Russia's forces taking heavy losses on the battlefield and 
its economy showing signs of strain, Putin's war machine is in crisis. 
It is time to ramp up the pressure on Russia and finally bring this 
conflict to an end. To help accomplish this, this bill would impose 
sanctions against two of our foremost adversaries at the current time--
Russia and Iran--as they deepen cooperation and coordination against 
U.S. interests.
  Along with many provisions in this final bill, I have worked to 
secure language that will target Russia's illicit shadow fleet ships 
that are used to prop up its energy sector and fund its war against 
Ukraine. This has been a very, very significant, ongoing problem. If 
you can stop them from shipping the oil, you can stop the money flow.
  This bill gives the President the tools and the leverage he needs to 
finally bring a lasting peace to Ukraine and work toward ending the 
fight in the Middle East.
  For many reasons, peace and stability in Europe are in America's 
interests. Russian aggression threatens this stability, and it can't be 
tolerated.
  I urge my colleagues to pass this legislation and send it to the 
President's desk as soon as possible.
  I yield the floor.
  The ACTING PRESIDENT pro tempore. The Senator from Tennessee.