U.S. Sen. Ron Wyden and U.S. Sen. Jeff Merkley, Democrats from Oregon, shown at a meeting in 2021, are supporting stronger economic measures against Russia. (Ron Cooper/Oregon Capital Chronicle)
WASHINGTON D.C. – U.S. Sen. Ron Wyden is continuing to look for ways to tighten the economic vice on Russia over its invasion of Ukraine.
He is now proposing to strip U.S. companies of tax benefits if they trade in Russia and pay taxes there.
The Oregon Democrat also is taking the lead in the Senate to push ahead legislation to remove Russia’s preferred trade status.