On Tuesday, the House voted 419-3 to pass a bill that strengthens sanctions against Russia in response to its alleged interference in the 2016 presidential election.
The sanctions primarily target Russian oil and gas projects with companies based in the United States and a handful of other countries, and they will be difficult for President Trump to lift because he will need approval from Congress. The bill now heads to the Senate for a vote, and could be sent to Trump to sign into law before August, when Congress begins its recess.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Why the catastrophe bond market is growingThe Explainer The bonds pay for climate change disaster damages
-
How is the Trump bill changing 529 plans?The Explainer The new bill provides a boost for people pursuing trades and vocational careers or seeking professional licenses and certifications
-
Destination unknown: the exciting ins and outs of mystery travelThe Week Recommends Surprise yourself the next time you vacation
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance mergerSpeed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profitsSpeed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new highSpeed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliablespeed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutinySpeed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress codespeed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirementspeed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
