As the U.S. Senate considers the Sanctioning Russia Act of 2025, economist Craig Shapiro has raised alarms about its potential to disrupt American markets and the global economy.
What Happened: In a post on X early Friday, Shapiro, macro strategist at the Bears Trap Report, highlighted a looming "major statement" from President Donald Trump on Monday regarding Russia, tied to the bipartisan bill spearheaded by Senators Lindsey Graham and Richard Blumenthal, which now enjoys support from over 80 senators.
