House Bill Puts Iran’s Terror-Financing Under the Microscope
Washington, December 14, 2017
Rep. Loudermilk (R-GA) issued the following statement today after voting on legislation to call for greater transparency in Iran’s financial dealings:
“Iran has repeatedly proven that it cannot be trusted. As the world’s leading state-sponsor of terror, Iran continues to show a complete disregard for human life through its tangled, highly-financed web of terror. The bills passed by the House today put Iran’s illicit financial activities under the microscope, shedding light into the regime’s volatile mix of money laundering, human rights abuses, and terrorist financing.
“Iran provides millions of dollars of funds and weapons to Hamas and other terrorist organizations. These organizations use these funds and weapons to carry out attacks on United States citizens and our allies. That’s why I voted for legislation that would make it more difficult for Iran to purchase commercial aircraft from the United States – or companies that do business with us – without strict oversight and control.”
H.R. 1638, the Iranian Leadership Asset Transparency Act
H.R. 4324, Strengthening Oversight of Iran’s Access to Finance Act