You're reading: Bloomberg: Senators propose boosting sanctions on Russia, including debt

Two leading U.S. senators said July 24 they’ll introduce a bipartisan bill to increase U.S. sanctions against Russia that would target Russian debt as well as the country’s energy and financial sectors.

Republican Senator Lindsey Graham and Democrat Bob Menendez said in a joint statement that just as Russian President Vladimir Putin has sought to challenge U.S. power and influence, “The United States must make it abundantly clear that we will defend our nation and not waver in our rejection of his effort to erode Western democracy.”

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