Stop Russian Market Manipulation Act
Sponsor
Rep. Downing, Troy [R-MT-2](R-MT-2)Summary
Stop Russian Market Manipulation Act
This bill prohibits the importation of specified minerals from Russia.
Specifically, the bill prohibits the importation of platinum, palladium, braggite, rhodium, ruthenium, nickel, cooper, or zinc if the mineral is (1) produced in Russia or by a Russian entity; or (2) determined to have been exchanged with, swapped for, or otherwise obtained in lieu of such a mineral in a manner designed to evade or circumvent this prohibition. The President may not waive this prohibition.
The prohibition shall continue to apply until one year after the President certifies to Congress that the Russian government has ended all hostilities against Ukraine. If the Russian government resumes hostilities against Ukraine within three years of a certification, then the prohibition shall resume effect.