Stop Russian Market Manipulation Act
United States119th CongressS-808Senate
Updated: Feb 27, 2025
Summary
This legislation, titled the "Stop Russian Market Manipulation Act" , establishes a prohibition on the importation of specific minerals from the Russian Federation into the United States, taking effect 90 days after its enactment. The bill specifically bans the import of platinum (including palladium, rhodium, and ruthenium), nickel , and copper ores and concentrates (including zinc) if they are produced in Russia, by a Russian entity, or obtained through means designed to evade the ban, with no waiver authority for the President. The prohibition is set to terminate one year after the President certifies Russia has ended hostilities against Ukraine, but includes a critical probationary period allowing for its immediate resumption if Russia recommences hostilities within three years of that certification, ensuring sustained economic pressure.
Bill texts
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Timeline
Latest companion bill action
HR-1677: Stop Russian Market Manipulation ActReferred to the House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Senate
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