The House passed legislation Thursday that would bar the U.S. government from facilitating aircraft sales to Iran, after Republicans accused President Obama's team of making concessions to Iran that are not mandated by the recent nuclear deal.
The Treasury Department's decision to allow U.S. banks to finance the sale of Boeing aircraft to Iran, after Treasury Secretary Jack Lew's initial statement that the U.S. did not have to provide such authorization under the Iran deal, was the impetus for the legislation.
"This bill would keep Americans' deposits away from a country where the president's own State Department calls 'the foremost state sponsor,' and Treasury called it a primary money laundering concern," Rep. Bill Huizenga, R-Mich., said Wednesday evening during debate on the legislation...
Read more at:
http://www.washingtonexaminer.com/house-votes-to-ban-us-financing-of-airplane-sales-to-iran/article/2607673
