WASHINGTON, March 4 -- Sen. Michael Bennet issued the following press release:
Colorado U.S. Senator Michael Bennet, a member of the Senate Select Committee on Intelligence, joined U.S. Senators Dave McCormick (R-Pa.), Ranking Member of the Senate Banking Committee Elizabeth Warren (D-Mass.), Jon Husted (R-Ohio), Chris Coons (D-Del.), and John Curtis (R-Utah) on the Decreasing Russia Oil Profits (DROP) Act of 2025, legislation requiring targeted sanctions on firms and individuals dealing in Russian oil. The DROP Act fills a gap in the U.S. sanctions approach to Russian-origin oil - the most important source of revenue propping up Russian President Vladimir Putin's unjust and unprovoked full-scale war on Ukraine.
"The DROP Act is essentia...