Chris Van Hollen

I thank all of you for your testimony and for your service.

I think the price cap on oil was an important innovation.

I applaud the Administration. That was an innovative approach.

I think we put in place early on important sanctions on the Russian economy.

I applaud the Administration. That was an innovative approach.

I applaud the Administration. That was an innovative approach.

If we tried, the technology would simply migrate offshore; cryptocurrency does not need brick and mortar facilities to operate.

Are we going to decide to pause the Constitution to stop crypto?

I have disagreed with Senator Toomey many, many times, but I have also had the opportunity to work with him closely on lots of issues.

If there is no further business to come before the Senate, I ask that it stand adjourned under the previous order. There being no objection, the Senate, at 8:20 p.m., adjourned until Tuesday, November 29, 2022, at 12 noon…

The Minsk Group process has not been functioning.

I think it was a very brave speech and I think it was very important in encouraging the peace process.

I thought it was an important speech, too.

I called a profile in courage, to look at this in a new way.

Suffice it to say that I am strongly opposed to having any aid go to a fighting force known for war crimes and aggression against a neighbor state.

I also remain skeptical that authoritarians in Baku or Moscow or Turkey, for that matter, will agree to let the Armenian people choose their own destiny.

I still have hopes for a lasting peace in the region.

I think that there is more reason now than ever for the United States to step in.

I personally think it is morally repugnant and it makes a mockery of the Freedom Support Act.

I just think especially over time, because markets can adjust quickly, oil traders can adjust quickly, over time that just leaves, I think, a big hole in what is I think a really good idea and concept.

I share the concerns that Chairman Menendez raised at the beginning of the hearing regarding holes in proposed sanctions regimes.

I am talking about enforcement actions.

I want to applaud the Administration's effort with respect to supporting Ukraine and punishing Russia.

I think we have about $15 billion as part of the continuing resolution in support of Ukraine.

We have no plan to enforce the price cap on any countries that do not participate in the price cap.