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David Cohen Confirmed as US Sanctions Chief

By Colby Adams

The Senate on Thursday named David Cohen the nation's top sanctions official after legislators agreed to end a standoff over the U.S. Treasury Department's implementation of financial measures aimed at Iran. In a unanimous vote, lawmakers confirmed the nomination of Cohen to serve as under secretary of terrorism and financial intelligence, formalizing his stewardship over the department's sanctions and counterterrorism efforts. Cohen has held the position on an informal basis since the resignation in January of Stuart Levey, the first official to hold the role. Because of congressional focus on deterring Iran's nuclear program, Cohen's job will likely be tougher...

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