A House Democrat introduced legislation Friday to block the president that of Donald Trump a proposed deal to buy Russian diesel after a week of bipartisan resistance.
THE Law prohibiting corrupt oil transactions in Russia of Rep. Gregory Meeks of New York, the top Democrat on the House Foreign Affairs Committee, would overturn a general license issued by the Treasury Department authorizing the sale and importation of Russian diesel into the United States until April 2027. This is the latest example of protest by Hill lawmakers. Trump’s the proposed deal, which the president announced last week in an effort to lower domestic fuel prices that soared to record levels after the administration launched its attacks on Iran.
Meeks The bill includes 16 Democratic co-sponsors, including the California representative. Jim Costa, who led a bipartisan letter Thursday urging Trump to give up his administration’s diesel deal with Russia and implement the Russia sanctions legislation he signed into law last month. It also includes Republican Rep. Don Bacon (R-Neb.), a frequent Asset critical.
The bill would prevent the Treasury from issuing licenses allowing companies to buy Russian diesel currently under sanctions and would block the U.S. International Development Finance Corporation from investing in Russian energy.
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