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Senate Nears Completion of Measures Targeting Russian Economy in Event of Ukraine Invasion
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wsj.comWASHINGTON—Bipartisan legislation aimed at striking the Russian economy if President Vladimir Putin invades Ukraine is nearing completion in the U.S. Senate, key senators said Sunday.
The legislation under negotiation among members of the Senate Foreign Relations Committee and others would target major Russian banks, hit Russians’ savings and pensions and limit the market for Russia’s sovereign debt, among other elements, Chairman Sen. Bob Menendez (D., N.J.) said Sunday.
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