Congressman Billy Long (MO-07) today voted in favor of "The Iran Terror Finance Transparency Act," which restricts the president's ability to remove sanctions on bad actors in Iran -- like Bank Saderat or the National Iranian Oil Company, which have been known to facilitate money transfers to terror groups and the current regime.
This bill requires the administration to acquire certifications from Congress that entities or individuals being considered for sanction removal have not facilitated funding for terror groups and have not been connected to proliferation of weapons of mass destruction. Furthermore, it requires that Congress certify that Iranian institutions be free of engagement with all illicit financial activities before their sanctions are removed.
"The Iran deal recklessly allows for the fast-track removal of sanctions on groups and people whose trustworthiness needs to be questioned,"said Rep. Long. "We cannot forget that these entities have been subject to sanction scrutiny, in many cases, because of their own irresponsible actions that could threaten national security. This bill is critical to ensuring that those operating against American safety interests aren't delivered unwarranted relief, which the president's Iran deal threatens to hand over on a silver platter."