Ben Cardin: “I really do think we've had, for a long period of time, a serious problem of Americans saving.”

Thank you very much for holding this hearing on the implementation of Global Magnitsky sanctions.

If we are going to carry this as a value on the international stage, that the United States stands up for human rights and certain values and the rule of law, is it not important that we be willing to apply these sanctions to accomplish…

I introduced the Sergei Magnitsky Rule of Law Accountability Act as a way of saying that we will hold abusers accountable even if their own country does not.

It was originally a piece of legislation targeting the people who killed Sergei Magnitsky.