UPDATE APPENDED: In response to White House overtures, Senate Democrats agreed Tuesday to hold off consideration of an Iran sanctions bill until after a March deadline to reach a deal on the Islamic Republic's nuclear program. Led by Sen. Robert Menendez (D-NJ), the ranking member of the Senate Foreign Relations Committee and the co-author of the Iran Nuclear Weapon Free Act of 2015, ten Democrats signed a letter to President Barack Obama, giving negotiators time while expressing skepticism of Iran's intentions. "Considering Iran's history in nuclear negotiations and after two extensions of the Joint Plan of Action, we are concerned...
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.
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.