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Florida’s Senators Want to Stop Russia From Relying on American Capital

This week, Florida’s two U.S. senators championed a bill to “impose sweeping, sanctions on all Russian state-owned enterprises.”

U.S. Sen. Marco Rubio, R-Fla., reintroduced the “Halting Enrichment of Russian Oligarchs and Industry Allies of Moscow’s Schemes to Leverage its Abject Villainy Abroad (HEROIAM SLAVA) Act” with U.S. Sens. Chuck Grassley, R-Iowa, and Rick Scott, R-Fla., as co-sponsors.

“Russia must face severe consequences for its unjustified and unprovoked invasion of Ukraine. Moscow continues to have open access to critical U.S. capital, which fuels Putin and his criminal war machine, through state-controlled and state-owned companies such as Rosneft, Gazprom, Rosatom, Aeroflot, and RT,” Rubio’s office noted.

“The U.S. will never support Putin and his immoral war. We have a moral duty, and it’s in our national security interest, to do everything in our power to limit any U.S. funds that enrich the pockets of the Russian regime. This bill is vital to limit Putin and his cronies from accessing American capital and putting it towards evil,” said Rubio.

“Vladimir Putin is a thug and the United States cannot continue to allow him and his evil regime to access American money. The HEROIAM SLAVA Act will stop these state-owned and Putin-backed war-funding enterprises from accessing capital through strict sanctions,” said Scott.

“We can’t allow Putin to squeeze a single American cent out of Russia’s state-owned enterprises while his barbaric actions in Ukraine continue. This bill will strike a blow to Moscow and further cripple Putin’s war machine,” said Grassley.

The bill was sent to the U.S. Senate Banking, Housing, and Urban Affairs Committee. So far, there is no companion measure in the U.S. House.

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  • Kevin Derby

    Originally from Jacksonville, Kevin Derby is a contributing writer for Florida Daily and covers politics across Florida.

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Written By

Originally from Jacksonville, Kevin Derby is a contributing writer for Florida Daily and covers politics across Florida.

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