White House Unveils New Sanctions Package Targeting Overseas Shell Networks

Treasury officials say the coordinated action with European allies is aimed at closing loopholes used to evade existing sanctions regimes.

The measure now moves to a floor vote after clearing committee, where lawmakers from both parties spent weeks negotiating over funding levels and implementation timelines.

Analysts tracking the legislation say its passage would mark one of the most significant policy shifts in recent sessions, with ripple effects across state budgets and federal agencies alike.

Opposition lawmakers have signaled they will continue to push for amendments before any final vote, while leadership on both sides say they remain confident in reaching a deal before the recess.