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HR. 1677 · 119th Congress

Stop Russian Market Manipulation Act

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Bill details

Introduced: 2/27/2025
Status: Referred to the House Committee on Ways and Means.
Bill ID: 119hr1677
Latest action: Referred to the House Committee on Ways and Means.

Summary

Introduced in House

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.

Source: BILLSUM · Summary date: 2/27/2025

District impact notes

1 notes
NEUTRAL
3/29/2026

The Stop Russian Market Manipulation Act prohibits the importation of certain minerals from Russia. • This policy could impact local businesses that rely on these minerals for manufacturing or production processes. • It may also affect local economic conditions if the ban influences market prices or availability of alternative sources. • A potential concern could be how effectively the ban is enforced and whether it leads to unintended consequences for local industries that use these minerals. AI-generated from official bill summary and plain-English note; verify with official text.

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Summary source label: BILLSUM
Congress.gov bill →GovInfo bill text (BILLS) →GovInfo summaries (BILLSUM) →OurCongress methodology →
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About this data

Non-partisan by design
OurCongress provides plain-English context without endorsements, political interpretation, or advocacy.
Official sources
Data is sourced from official government records (e.g., Congress.gov, GovInfo, Clerk of the House, and the U.S. Senate).
AI-generated text
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Last updated: 3/29/2026Source: BILLSUMBill: 119hr1677Learn more →