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Nunn Bill to Tighten Sanctions on Putin’s War Machine Passes Committee - The Iowa Standard
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Nunn Bill to Tighten Sanctions on Putin’s War Machine Passes Committee - The Iowa Standard
The House Financial Services Committee today advanced Representative Zach Nunn’s (IA-03) bipartisan Preventing the Escalation of Armed Conflict in Europe (PEACE) Act by a vote of 53-1. The legislation strengthens U.S. sanctions against foreign banks that support Russia’s energy sector and Kremlin-linked entities fueling the war in Ukraine. “Words alone won’t stop Putin’s aggression—cutting off the money will,” said Rep. Nunn. “As a combat vetera…
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