- Stage
- On calendar
- Started in
- House
- Sponsors
- 5
- Latest action
- Oct 3, 2025
What it does
The PEACE Act of 2025 would require the Secretary of the Treasury to prohibit or impose strict conditions on U.S. correspondent or payable-through accounts held by foreign financial institutions that knowingly provide significant financial services to sanctioned Russian entities or those operating in Russia’s energy sector. It mandates the seizure or transfer of certain Russian state assets held by U.S. financial institutions into the Ukraine Support Fund, establishes civil and criminal penalties for violations, and requires the Treasury Secretary to assess whether major Russian energy firms like Gazprom, Rosneft, and Lukoil meet the criteria for sanctions. The bill would terminate 30 days…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.