After Graham’s Death, His Toughest Russia Sanctions Bill Gains New Life – Analysis - Eurasia Review
After Graham’s Death, His Toughest Russia Sanctions Bill Gains New Life – Analysis - Eurasia Review
Source: Eurasia Review
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DW NOTE
Lindsey Graham died pushing sanctions that would have severed Russia from global banking entirely — secondary sanctions on any institution clearing Russian transactions. The bill died with him in committee. Now someone's dusted it off. If it passes, European banks face a choice: Moscow or New York. They'll pick New York, and Russia will finish its decade-long pivot to yuan settlement and CIPS. Graham's legacy would be completing the de-dollarisation he spent his career trying to prevent.