To continue Executive Order 14224 in effect indefinitely.

# Summary of HR 2453 **What the Bill Does** HR 2453 would make Executive Order 14224 permanent law instead of allowing it to expire. Executive Order 14224, issued by President Biden in February 2024, addresses economic sanctions and restrictions on Russian financial transactions in response to the invasion of Ukraine. By passing this bill, Congress would essentially convert the President's temporary executive order into indefinite legislation, meaning the sanctions would remain in place unless Congress votes to change them. **Who It Affects** This bill would primarily affect U.S. financial institutions, companies doing international business, and any entities with Russian financial connections. It could also impact Americans' access to certain Russian goods and services.

More broadly, it signals U.S. foreign policy toward Russia and Ukraine to the international community. **Current Status** As of now, HR 2453 is in committee, meaning it has not yet been debated or voted on by the full House of Representatives. The bill was introduced by Representative Mariannette Miller-Meeks, a Republican from Iowa. Without additional information about committee progress, it remains unclear whether the bill will advance for a full vote.