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Dodd Introduces Iran Sanctions Measure Ahead of Nuclear Negotiations
By Colby Adams
printThe head of the U.S. Senate Banking Committee will soon introduce a bill to broaden sanctions against financial institutions and other businesses tied to Iran and the country's nuclear ambitions. The measure would expand the Iran Sanctions Act to penalize "a range of financial institutions, underwriters, guarantors and other business entities," Sen. Chris Dodd said in a Senate floor speech Tuesday. Details of the bill, which would also target the country's energy sector and strengthen the White House's ability to freeze Iranian funds, have not been disclosed. Tuesday's floor speech follows the disclosure Friday by President Obama, U.K. Prime Minister...
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