Senate Passes Russia Sanctions Bill Championed by Graham | Balance of Power 8/7/2026

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discusses the latest from DC. On today's show, Former Chair of the White House Council of Economic Advisers under President Joe Biden Jared Bernstein, and Managing Director and Head of Fixed Income Research at Baird Strategas Tom Tzitzouris. Bloomberg's Tyler Kendall sits down with US Army Secretary Dan Driscoll. (Source: Bloomberg)

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US Senate passes Russia sanctions bill championed by Lindsey Graham

Late senator spent final days of his life working to advance bill that will now head to the House after 86-11 Senate vote By a large, bipartisan margin, the US Senate on Friday approved a bill intended to punish Russia and countries that buy its petroleum exports over the invasion of Ukraine, capping a legislative push that was spurred by the death of its champion, the Republican senator Lindsey Graham. The measure, renamed the Lindsey O Graham Sanctioning Russia Act in honor of the late sena...

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A large majority of the US Senate backed sweeping Russia sanctions legislation on Friday, advancing a long-delayed measure backed by the late Senator Lindsey Graham and setting the stage for consideration by the House of Representatives as soon as next month. European Commission President Ursula von der Leyen welcomed the vote. “Coming on the back […]

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