Confirmation of Treasury Counterterrorism Chief May Be Delayed Over Iran Regulations Dispute

By Brian Monroe

A rift between seven Republican lawmakers and the U.S. Treasury Department over financial regulations aimed at Iran is likely to delay the nomination of a new federal counterterrorism chief, according to analysts. The senators said in a letter Tuesday that Assistant Secretary for Terrorist Financing David Cohen must explain how the department has implemented the Comprehensive Iran Sanctions, Accountability, and Divestment Act (CISADA) before they will confirm his nomination as the Under Secretary for Terrorism and Financial Intelligence. On April 27, the department issued proposed regulations on CISADA widely seen as a step back from potentially stronger compliance requirements for...