GOP To Pass Bill To Block Iran's Access To Money

Below is an excerpt from the Washington Examiner in regards to an effort to block Iran from accessing funds in relation to the nuclear deal. Hear, hear!

"The top Republican on the Senate Foreign Relations Committee said Tuesday that the GOP will pass legislation to block Iran's access to the dollar-based transactions and the U.S. financial system, to fight back against the Obama administration's apparent effort to ease financial sanctions against that country.

In a Tuesday morning hearing, Sen. Bob Corker, R-Tenn., repeatedly pressed Thomas Shannon, undersecretary of state for political affairs, to clarify the confusion over whether the Obama administration plans to help facilitate Iran's access to the U.S. dollar, even if it doesn't involve U.S. banks.

Several media reports over the last two weeks have said the administration plans to help facilitate dollar-dominated international business transactions in order to boost Iran's economy. Because of all the administration's caveats and confusing denials, Corker said he planned to try to codify that these "U-turn" transactions cannot occur."