On the recordDecember 3, 2024
Madam Speaker, Russian companies should not be able to use U.S. Federal law to punish U.S. entities for good faith compliance with American sanctions. H.R. 9563 would ensure that Russia and Russian entities cannot exploit loopholes in our laws to punish United States businesses. Because of the ongoing threat posed by Russia, U.S. sanctions are as important today as they were when the war began nearly 3 years ago. Making compliance easier on American companies is an important way to ensure the U.S. remains strong in its resolve to defend and support Ukraine. Madam Speaker, I urge all Members to support the bill, and I yield back the balance of my time.
