The Senate Foreign Relations Committee on Tuesday unanimously passed amended legislation that would grant Congress greater control over a potential nuclear accord to lift Iran sanctions.
White House officials voiced opposition Wednesday to a Senate bill that would impose additional sanctions against Iran should negotiations to place limits on the Islamic Republic's nuclear program fail.
For the fourth time this year, U.S. officials blacklisted an Iranian national using a Caribbean passport while purportedly helping Iran circumvent sanctions.
U.S. lawmakers may soon have enough support to pass a veto-proof measure that would clear the way for sanctions against foreign banks that deal with blacklisted Iranian entities in foreign currencies.
A bipartisan bill filed Thursday in the U.S. Senate would impose new trade and banking restrictions on Iran if it fails to meet the terms of last months multinational nuclear agreement.
The chairman of a Senate committee vowed Thursday to block additional sanctions against Iran in an effort to protect last month's multilateral accord to suspend portions of the country's nuclear program.
Western financial institutions won't radically amend their sanctions controls in response to an agreement to limit Iran's nuclear program in exchange for a relaxation of banking restrictions, say former officials.