Isolate Russian Government Officials Act of 2022
This bill requires the Department of the Treasury, the Securities and Exchange Commission, and the Board of Governors of the Federal Reserve System to take all necessary steps to exclude Russian government officials, to the maximum extent practicable, from certain international meetings, including the activities of the Group of 20, the Basel Committee for Banking Standards, and the Bank for International Settlements.
This requirement shall be in effect until the earlier of five years after the bill's enactment or 30 days after the President reports to Congress that Russia's government has ceased activities to destabilize Ukraine's sovereignty and territorial integrity. The President may also waive this requirement upon reporting to Congress that doing so is in the national interest of the United States.
Isolate Russian Government Officials Act of 2022
This bill requires the Department of the Treasury, the Securities and Exchange Commission, and the Board of Governors of the Federal Reserve System to take all necessary steps to exclude Russian government officials, to the maximum extent practicable, from certain international meetings, including the activities of the Group of 20, the Basel Committee for Banking Standards, and the Bank for International Settlements.
This requirement shall be in effect until the earlier of five years after the bill's enactment or 30 days after the President reports to Congress that Russia's government has ceased activities to destabilize Ukraine's sovereignty and territorial integrity. The President may also waive this requirement upon reporting to Congress that doing so is in the national interest of the United States.
Isolate Russian Government Officials Act of 2022
This bill requires the Department of the Treasury and the Board of Governors of the Federal Reserve System to take all necessary steps to exclude Russian government officials, to the maximum extent practicable, from certain international meetings, including World Bank and International Monetary Fund spring and annual meetings, Group of 20 proceedings, and Bank for International Settlements annual general meetings.
This requirement shall be in effect until the earlier of five years after the bill's enactment or 30 days after the President reports to Congress that Russia's government has ceased activities to destabilize Ukraine's sovereignty and territorial integrity.
(consideration: CR H4839-4840)
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 416 - 2 (Roll no. 161).
H. Rept. 117-318, Part I.
H. Rept. 117-318, Part I.
Garcia (IL) moved to suspend the rules and pass the bill, as amended.
(consideration: CR H4752-4754)
Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.