US Federal 2025-2026 Regular Session

US Federal Senate Bill SB808

Introduced
 
Introduced
2/27/25  

Caption

Stop Russian Market Manipulation Act

Summary

SB 808, titled the Stop Russian Market Manipulation Act, would prohibit the importation into the United States of certain minerals tied to the Russian Federation. The covered minerals are platinum group metals in unwrought or semimanufactured form, including palladium, braggite, rhodium, and ruthenium, as well as nickel and copper ores and concentrates, including zinc. The ban would apply not only to minerals produced in Russia or by a Russian entity, but also to minerals obtained through swaps or other transactions designed to evade the restriction. The prohibition would take effect 90 days after enactment and would remain in place until one year after the President certifies to Congress that Russia has ended all hostilities against Ukraine. If Russia resumes hostilities within three years after such a certification, the ban would automatically snap back into effect. The bill also bars the President from waiving the prohibition, making the restriction mandatory rather than discretionary.

Impact

The bill would add a new federal import restriction affecting customs enforcement, trade compliance, and supply chains for specified industrial and precious metals. It would primarily affect importers, traders, and downstream manufacturers that rely on Russian-origin platinum group metals, nickel, and copper ores/concentrates, and it would require scrutiny of transshipment or swap arrangements intended to evade the ban. By tying termination to a presidential certification regarding Russia’s conduct toward Ukraine, the bill also links trade policy directly to foreign policy and sanctions-related conditions.

Sentiment

The limited available context suggests generally bipartisan and supportive sentiment. The bill was introduced by Senator Daines with cosponsors from both parties, including Senators Peters, Sheehy, and Slotkin, which indicates cross-party interest in restricting Russian mineral imports. There were no recorded committee transcripts or votes in the provided material, so there is no evidence of formal opposition or debate in the available record.

Contention

The main policy issue is whether restricting imports of these minerals is an effective and appropriate response to Russia’s war against Ukraine, especially given the importance of platinum group metals, nickel, and copper inputs to U.S. industry. Potential points of contention include the economic impact on importers and manufacturers, the difficulty of identifying and preventing evasion through swaps or third-country routing, and the bill’s lack of a presidential waiver, which removes executive flexibility. Another possible issue is the automatic reimposition mechanism if Russia resumes hostilities, which makes the restriction durable and tightly linked to geopolitical developments.

Companion Bills

US HB1677

Same As Stop Russian Market Manipulation Act

Previously Filed As

US HB1677

Stop Russian Market Manipulation Act

US HB5900

SCAM Act Stopping Cross-border Attacks and Manipulation Act

US HB8222

End Russian Oil Windfalls Act

US HB476

No Russian Tunnel to Crimea Act

US HB7095

Ending Importation of Laundered Russian Oil Act

US HB7215

Stop SCAMS Act Stop Schemes, Cyberfraud, Abuse, Manipulation, and Swindles Act

US H1010

Home Ownership Market Manipulation

US S432

Home Ownership Market Manipulation

US S199

Home Ownership Market Manipulation

US HB7506

Decreasing Russian Oil Profits Act of 2026

Similar Bills

No similar bills found.