US Capitol Building. File photoWASHINGTON, May 12.The House of Representatives of the US Congress on Wednesday evening approved a number of bills aimed at isolating Russia and its economy from the global financial system, stopping its membership in international organizations and tightening existing sanctions, the voting results show. One of the initiatives adopted by the House concerns compliance by American financial institutions with sanctions previously introduced in relation to the Russian Federation and Belarus. According to the explanatory note to the document, the bill «guarantees that all components of US financial institutions (which includes their subsidiaries abroad — ed.) observe the appropriate restrictions.» Another legislative initiative requires the Treasury Department and other US departments to seek the removal of the Russian Federation from participation meetings of major international organizations and associations such as the World Bank, the IMF and the G20 (G20). Congressmen insist that the current administration «takes all necessary steps» in this direction. Before becoming law, these initiatives must also be approved in the US Senate. If approved by both chambers, the bills will go to US President Joe Biden for signature. 24 February. President Vladimir Putin called its goal «the protection of people who have been subjected to bullying and genocide by the Kyiv regime for eight years.» For this, according to him, it is planned to carry out «demilitarization and denazification of Ukraine», to bring to justice all war criminals responsible for «bloody crimes against civilians» in Donbass. According to the Russian Ministry of Defense, the Armed Forces strike only at military infrastructure and Ukrainian troops and , on March 25, completed the main tasks of the first stage — significantly reduced the combat potential of Ukraine. The main goal in the Russian military department was called the liberation of Donbass.
