Political Quotes

“Madam Speaker, I yield myself such time as I may consume. Madam Speaker, I rise in strong support for H.R. 9563, the Protecting Americans from Russian Litigation Act of 2024. The Protecting Americans from Russian Litigation Act is simple. It is about protecting American businesses that are being unfairly punished by our adversaries. U.S. sanctions are a vital tool of American foreign policy that safeguard peace and security, but there are times when U.S. sanctions can put American businesses in difficult situations. A U.S. business that sells goods in Russia, for example, may no longer be able to fulfill orders or complete contracts because of said sanctions. In such sanctions, their Russian customers have been known to go to Russian courts for breach of contract or other claims. Suffice it to say, American businesses aren't likely to be treated fairly in a Russian court these days. Russia is engaging in frivolous legal action against American companies because they divested out of their country after they invaded Ukraine. Whether it is Russia, China, Iran, or any of America's adversaries, we have an obligation to protect America's interests and America's businesses at home and abroad. This bill would protect U.S. businesses and ensure that they are not unfairly punished for simply complying with U.S. sanctions and export controls. Similar provisions protect European companies in the EU courts, and it is high time that Americans get the same protections.…”