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Press Release: Senator Coons and Colleagues Introduce Bipartisan Bill to Target Russian Oil Revenue

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Senators introduce the DROP Act to impose sanctions on Russian oil trade, aiming to diminish funding for Russia's war efforts.

Quiver AI Summary

Senators introduce bipartisan DROP Act: U.S. Senators Chris Coons, Dave McCormick, Elizabeth Warren, and Jon Husted have introduced the Decreasing Russia Oil Profits (DROP) Act of 2025. This legislation aims to impose targeted sanctions on all entities dealing in Russian oil, a critical revenue source for the Kremlin, while allowing for exceptions that support U.S. and Ukrainian interests.

Pressure on Russian oil revenue emphasized: Senator Coons stated, “Putin will only stop when we stop him,” highlighting the bill's intent to disrupt funding for Russia's war efforts against Ukraine. The act aims to close loopholes previously exploited by Russian oil companies and includes provisions for countries that comply with reduced Russian oil purchases.

Experts support targeted sanctions: The DROP Act seeks to enact a framework that holds accountable those facilitating Russian oil transactions. Senators argue that actions against oil buyers are crucial for establishing a lasting peace in Ukraine, as highlighted by Senator Warren's comments on consequences for helping Russia's economy. The complete bill text is available online.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Christopher A. Coons Fundraising

Christopher A. Coons Fundraising

Christopher A. Coons recently disclosed $508.2K of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 161st most from all Q3 reports we have seen this year. 65.8% came from individual donors.

Coons disclosed $211.9K of spending. This was the 268th most from all Q3 reports we have seen from politicians so far this year.

Coons disclosed $3.5M of cash on hand at the end of the filing period. This was the 87th most from all Q3 reports we have seen this year.

You can see the disclosure here, or track Christopher A. Coons's fundraising on Quiver Quantitative.

Christopher A. Coons Net Worth

Quiver Quantitative estimates that Christopher A. Coons is worth $16.3M, as of December 17th, 2025. This is the 79th highest net worth in Congress, per our live estimates.

Coons has approximately $111.9K invested in publicly traded assets which Quiver is able to track live.

You can track Christopher A. Coons's net worth on Quiver Quantitative's politician page for Coons.

Christopher A. Coons Bill Proposals

Here are some bills which have recently been proposed by Christopher A. Coons:

  • S.3438: A bill to direct the Attorney General to establish a single grant program to make grants to hire prosecutors, and for other purposes.
  • S.3424: Bankruptcy Administration Improvement Act of 2025
  • S.3379: A bill to amend title III of the Social Security Act to provide flexibility in grants for reemployment services and eligibility assessments.
  • S.3292: A bill to support research about the impact of digital communication platforms on society by providing privacy-protected, secure pathways for independent research on data held by large internet companies.
  • S.3188: Biomanufacturing Excellence Act of 2025
  • S.3079: Armed Forces Pay Act of 2025

You can track bills proposed by Christopher A. Coons on Quiver Quantitative's politician page for Coons.

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