Congressman John Moolenaar announced his support today for the NYET Act, which would impose severe sanctions on Russian President Vladimir Putin's government. Specifically, it would sanction Russian financial banks, businesses, and Russia’s Nord Stream 2 pipeline. In addition, the bill would ban the sale of U.S. made semiconductors to Russia and support weapons financing for Ukraine so it can buy additional arms to defend itself. Finally, the legislation would specifically boost funding for the State Department’s efforts to counter Russian propaganda in eastern Europe.
"We must impose severe sanctions on Russia as soon as possible, and the NYET Act will make that happen. I am supporting this legislation because it is a smart, targeted approach that will hurt Russian financial institutions and the powerful people who prop up Vladimir Putin’s government,” said Moolenaar. “It will also block U.S. exports of semiconductor chips to Russia. We need those chips here to support our economy and manufacturing. Finally, there are more than 39,000 Ukrainian-Americans in Michigan, and I am praying for them and their families. Putin’s invasion will cause massive destruction and endanger their loved ones. I stand ready to work across the aisle in Congress to pass sanctions on Russia and support Ukraine diplomatically during this dark hour.”
Original source can be found here.
