Stop Russian GOLD Act of 2022

Bill 117 hr 7068, also known as the Stop Russian GOLD Act of 2022, is a piece of legislation introduced in the US Congress with the aim of targeting Russian gold exports. The bill seeks to impose sanctions on individuals and entities involved in the mining, production, or sale of gold in Russia, in response to the country's aggressive actions on the international stage.

The Stop Russian GOLD Act of 2022 specifically targets Russian gold exports by prohibiting the importation of Russian gold into the United States. This is intended to put pressure on the Russian government and its supporters by cutting off a significant source of revenue.

Additionally, the bill authorizes the President to impose sanctions on individuals and entities found to be involved in the Russian gold industry, including freezing assets and prohibiting transactions with US persons. These sanctions are designed to further isolate Russia economically and deter further aggressive actions. Overall, the Stop Russian GOLD Act of 2022 is a targeted piece of legislation aimed at using economic pressure to hold Russia accountable for its actions on the international stage. It represents a bipartisan effort to address the ongoing tensions between the US and Russia and protect US interests.