Bills · S 808
IN COMMITTEE· 119TH CONGRESS
Senate BillS 808UkraineTrade restrictions
Stop Russian Market Manipulation Act
INTRO FEB 27· LAST ACTION FEB 27
READING
2MIN
COSPONSORS
5BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it aims to significantly reduce Russia's economic power by cutting off a source of its export revenue. By stopping the import of several industrially important and precious metals, the U.S. hopes to limit Russia's financial resources, which could impact its ability to fund ongoing conflicts or other activities. If this bill passes, U.S. industries would be forced to adjust their supply chains away from Russia, potentially leading to shifts in global mineral markets and new trade relationships.
If this bill does not become law, the current trade of these specific minerals with Russia would continue, allowing Russia to maintain its revenue from these exports. The bill's mechanism for termination and potential resumption also means it could create long-term economic pressure on Russia tied directly to its actions in Ukraine, making it a powerful tool of foreign policy.
KEY PROVISIONS
5AI-extractedPROVISION 01
Prohibits the importation of specific minerals (platinum, palladium, rhodium, ruthenium, nickel, copper, and zinc) that are produced in or by Russia.
This directly targets a significant source of revenue for Russia, aiming to weaken its economy.
PROVISION 02
The ban includes measures to prevent evasion, prohibiting minerals that have been swapped or obtained indirectly to circumvent the prohibition.
This aims to close potential loopholes and make the sanctions more effective by preventing indirect trade.
PROVISION 03
The prohibition begins 90 days after the bill is enacted into law.
This provides a transition period for U.S. companies to find alternative sources for these critical minerals.
PROVISION 04
The ban terminates one year after the President certifies that Russia has ended all hostilities against Ukraine, but can resume if Russia restarts hostilities within a three-year period.
This ties the duration of the economic pressure directly to Russia's actions in Ukraine, creating a strong incentive for de-escalation.
PROVISION 05
The President is explicitly prevented from waiving the import prohibition.
This ensures the ban remains in effect unless the specific conditions for termination are met, removing executive discretion.
SPONSORSHIP
1 + 5
R· Montana
YRS IN OFFICE
13
BILLS LED
65
COSPONSOR BREAKDOWNBIPARTISAN · 80%
DEM 2 REP 3 IND 0
ACTION TIMELINE
2 EVENTSFEB 27
Introduced in Senate
FEB 27
Read twice and referred to the Committee on Finance.
BILL INFO
TypeSenate Bill
NumberS 808
Congress119th
StatusIn Committee
IntroducedFeb 27, 2025
Last actionFeb 27, 2025
READER REACTIONS
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IN COMMITTEE· 119TH CONGRESS · FINANCE COMMITTEE · INTRODUCED FEB 27, 2025
Senate BillS 808UkraineTrade restrictions
Stop Russian Market Manipulation Act
INTRODUCED FEB 27, 2025· LAST ACTION FEB 27, 2025
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
5
COMPLEXITY
Moderate
