• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Massive Russia sanctions package stalls as Trump pushes for Ukraine peace talks

by June 4, 2025
written by June 4, 2025
NEWYou can now listen to Fox News articles!

Senators are growing antsy to move ahead with a massive sanctions package against Russia, and the only thing standing in the way is President Donald Trump.

In the midst of the extremely partisan budget reconciliation process, nearly the entire upper chamber has coalesced behind the sanctions package from Sens. Lindsey Graham, R-S.C. and Richard Blumenthal, D-Conn., which would slap up to 500% ‘bone-breaking’ tariffs on countries buying energy products from Moscow.

The measure is designed to place Russia’s war machine into a chokehold by imposing duties on oil, gas, uranium and other exports largely purchased by China and India, which account for nearly three-quarters of Moscow’s energy business.

Trump has pushed for peace talks between Ukraine and Russia, which have so far not yielded an end to the three-year conflict, and has begun to sour on Russian President Vladimir Putin’s reluctance to find a peaceful end to the ongoing conflict. He recently questioned ‘what the hell happened’ to the Russian leader.

The latest round of negotiations in Istanbul, Turkey, ended without a ceasefire, and Putin’s recent demands for large chunks of territory in exchange for peace have been nonstarters for Ukrainian President Volodymyr Zelenskyy.

A successful surprise drone attack by Ukraine and fears of a retaliatory strike by Russia have lawmakers growing increasingly anxious to sanction Russia into oblivion, but the president has yet to give Graham — a top ally of Trump’s — and Blumenthal’s bill his blessing.

‘If President Trump asked me my opinion, I would tell them, ‘let’s go now,’’ Sen. John Kennedy, R-L.a., one of the 82 co-sponsors of the bill, told Fox News Digital.

And Graham, who traveled to Ukraine with Blumenthal to meet with Zelenskyy during the Senate’s Memorial Day recess, wants to see his sanctions levied against Russia by as early as next week when world powers gather in Italy for the upcoming G7 Summit to ‘deliver an unequivocal message to China.’

‘The theme of this engagement was that we appreciate President Trump’s earnest efforts to bring about peace and entice Putin to come to the table,’ Graham said in a statement after meeting with French President Emmanuel Macron. ‘It is our view Putin is not responding in kind, he is not interested in peace and that he plans to continue to dismember Ukraine.’

Blumenthal believed that Trump ‘has been played’ by Putin and accused the Russian leader of being ‘totally unserious’ about the negotiations with Ukraine.  

The lawmaker confirmed to Fox News Digital that he and Graham would hold a briefing for all 100 Senators on the current state of affairs in Ukraine on Wednesday.

He said there was ‘no question’ that Trump’s input would be significant for the bill’s fate, but noted that even House Speaker Mike Johnson, R-L.a., came out in support of levying strict sanctions on Russia, which suggested a bicameral desire to inflict monetary pain on Moscow and its allies.

‘We have 82 senators, evenly divided, bipartisan, which I think speaks volumes,’ Blumenthal said. ‘If it’s given a vote, it will pass, and obviously President Trump’s views will matter as to whether it’s given a vote.’

Still, Senate Republican leadership is waiting for a green-light from the White House before making any decisions to put the bill on the floor.

Senate Majority Leader John Thune, R-S.D., countered on the Brian Kilmeade Show on Fox Radio that his team and the White House were working together to make sure that the sanctions package ‘from a technical standpoint’ hit the mark of what the president wanted to do.

‘We’re trying to give [President Trump] as much space and room as necessary for him to try and negotiate the best possible outcome and get a peaceful solution in Ukraine,’ Thune said. ‘And if the sanctions contribute to that, then yeah, we’re available and ready to move.’

Meanwhile, lawmakers don’t see the sanctions package as undermining any ongoing efforts from the White House to broker a peace deal. Sen. Thom Tillis, R-S.C., believed that the legislation would instead act as a ‘real enabler’ for the Trump administration.

And Sen. Tim Kaine, D-Va, similarly believed that the sanctions bill could give Trump a ‘stronger hand’ in negotiations.

‘These are sanctions that would be very punishing to the Russian economy,’ he told Fox News Digital. ‘And we think the president can say, ‘Look, this is going to be very serious, but it can be avoided if we reach an accord right now that’s a cease fire.’’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
McDonald’s Snack Wrap is officially returning. Here’s when.
next post
Hawley clashes with UPenn law professor over judicial injunctions

related articles

Democrats begin to embrace Musk amid Trump spat...

June 6, 2025

‘Gone too far’: GOP lawmakers rally around Trump...

June 6, 2025

Trump administration defends US and Israeli sovereignty with...

June 5, 2025

Musk unleashes wild Epstein claim against Trump after...

June 5, 2025

Biden only hand-signed one pardon during final spree,...

June 5, 2025

GOP bill takes aim at Congress’ ‘no rules...

June 5, 2025

White House highlights Pelosi hypocrisy after Schiff demands Trump admin...

June 5, 2025

Ex-Biden advisor calls Jean-Pierre ‘kinda dumb,’ deletes tweet,...

June 5, 2025

Musk says Trump would have lost 2024 election...

June 5, 2025

‘Sick puppy’ Tim Walz should never have been...

June 5, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Pro-life groups sound off after Trump says he will not restrict abortion pills: ‘Serious and growing threat’

    December 9, 2024
  • Fed holds interest rates but keeps door open to a cut in coming months

    August 1, 2024
  • Waltz’s Signal chat woes snowball as Trump admin defends national security advisor

    April 3, 2025
  • US must expand nuclear arsenal in face of Russia and China threat, warns top Obama defense adviser

    July 30, 2024
  • EURUSD and GBPUSD: EURUSD on new July high up to 1.09000

    July 12, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,836)
  • Investing (624)
  • Stock (789)

Latest Posts

  • Dem senator who bashed Hegseth’s qualifications stands by DOD sec who oversaw botched Afghan withdrawal

    January 15, 2025
  • Pi Network ranks 6th in Finland’s app charts, plans major update at Consensus 2025

    May 9, 2025
  • Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

    January 9, 2025

Recent Posts

  • Russia interfering in 2024 election to help Trump, US intelligence officials say

    July 11, 2024
  • Elon Musk’s budget-slashing hits political reality of suffering Americans

    February 19, 2025
  • Bipartisan panel urges Congress to toss out decades of trade policy they say China has been exploiting

    November 19, 2024

Editor’s Pick

  • Stefanik meets with senators as Trump’s UN ambassador nominee, touts ‘America First peace through strength’

    November 22, 2024
  • ‘Election interference’: Trump lawyers call for delayed sentencing in Bragg case

    August 15, 2024
  • Tale of two conventions: GOP united behind Trump while Dems in disarray

    July 15, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock