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House Passes Bill Aimed at Bank Messengers, Institutions Aiding Iran
By Colby Adams
printThe U.S. House of Representatives Wednesday approved legislation that would require the White House to identify interbank messengers serving Iran's financial sector and order companies to divulge their Iranian ties. House lawmakers voted 421 to six in favor of the passage of the Iran Threat Reduction and Syria Human Rights Act, a measure that would require the U.S. Treasury Department to identify banks that help Iranian financial institutions gain access to interbank messaging services, including the Society for Worldwide Interbank Financial Telecommunications (Swift). The bill, which is designed to thwart the country's nuclear and missile programs, would also require the...
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