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Rubio, Colleagues Reintroduce Bill to Halt Russian Companies From Accessing U.S. Capital

Sep 20, 2023 | Press Releases

Russia must face severe consequences for its unjustified and unprovoked invasion of Ukraine. Moscow continues to have open access to critical U.S. capital, which fuels Putin and his criminal war machine, through state-controlled and state-owned companies such as Rosneft, Gazprom, Rosatom, Aeroflot, and RT.

U.S. Senators Marco Rubio (R-FL), Chuck Grassley (R-IA), and Rick Scott (R-FL) reintroduced the Halting Enrichment of Russian Oligarchs and Industry Allies of Moscow’s Schemes to Leverage its Abject Villainy Abroad (HEROIAM SLAVA) Act to impose sweeping, sanctions on all Russian state-owned enterprises. The HEROIAM SLAVA Act is named after the iconic Ukrainian rallying cry and symbol of national resistance.

  • “The U.S. will never support Putin and his immoral war. We have a moral duty, and it’s in our national security interest, to do everything in our power to limit any U.S. funds that enrich the pockets of the Russian regime. This bill is vital to limit Putin and his cronies from accessing American capital and putting it towards evil.”  – Senator Rubio
  • “We can’t allow Putin to squeeze a single American cent out of Russia’s state-owned enterprises while his barbaric actions in Ukraine continue. This bill will strike a blow to Moscow and further cripple Putin’s war machine.” – Senator Grassley
  • “Vladimir Putin is a thug and the United States cannot continue to allow him and his evil regime to access American money. The HEROIAM SLAVA Act will stop these state-owned and Putin-backed war-funding enterprises from accessing capital through strict sanctions.” – Senator Scott

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