Lawmaker to Reintroduce Bill to Cut Off Iran From US Financial System
Rep. Bill Huizenga, R-Mich., said Feb. 4 that he intends to reintroduce a bill aimed at denying Iran's government access to the U.S. financial system. His No U.S. Financing for Iran Act, which he previously offered in October 2023, would…
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prevent Iran from using U.S. financial institutions to engage in trade-related transactions, except for humanitarian purposes. Huizenga disclosed his plans in a statement welcoming President Donald Trump’s move to increase pressure on Iran over its support for terrorism (see 2502050020).