Senators Demand Sanctions on Iran’s Central Bank
Nearly the entire U.S. Senate has signed on to a letter urging the Obama administration to implement sanctions targeting Iran’s central bank.
“As you know, the Iranian regime continues to pursue avenues to circumvent both U.S. and multilateral sanctions,” says the letter to be sent Tuesday and first reported Sunday by The Wall Street Journal. “In the banking sector, the Central Bank of Iran lies at the center of Iran’s circumvention strategy.”
The letter, spearheaded by Sens. Charles Schumer (D-N.Y.) and Mark Kirk (R-Ill.), has garnered signatures from more than 90 of the 100 senators.
Laws passed last year enable Obama to launch such sanctions, which would aim to cut Iran off from any banking sector that deals with U.S. markets.
The Obama administration already is sanctioning smaller banks that allegedly deal with Iran’s suspected nuclear weapons program.
The Forward is free to read, but it isn’t free to produce
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.
Readers like you make it all possible. We’ve started our Passover Fundraising Drive, and we need 1,800 readers like you to step up to support the Forward by April 21. Members of the Forward board are even matching the first 1,000 gifts, up to $70,000.
This is a great time to support independent Jewish journalism, because every dollar goes twice as far.
— Rachel Fishman Feddersen, Publisher and CEO
2X match on all Passover gifts!
Dive In
-
Fast Forward Senate rejects Bernie Sanders’ proposal to block some weapons sales to Israel
-
Fast Forward Sotheby’s to auction earliest known kiddush cup
-
Fast Forward Jerusalem Post editor Zvika Klein, arrested in ‘Qatar-gate,’ says he’s being unfairly prosecuted for his reporting
-
Fast Forward Trump fires national security officials, reportedly at urging of Laura Loomer, far-right Jewish ‘Islamophobe’
Most Popular
- 1
News A Jewish Republican and Muslim Democrat are suddenly in a tight race for a special seat in Congress
- 2
Fast Forward The NCAA men’s Final Four has 3 Jewish coaches
- 3
Fast Forward Cory Booker proclaims, ‘Hineni’ — I am here — 19 hours into anti-Trump Senate speech
- 4
Film & TV What Gal Gadot has said about the Israeli-Palestinian conflict
In Case You Missed It
-
Opinion The ADL reversed its support for Trump’s student deportations. You should too
-
Fast Forward Senate rejects Bernie Sanders’ proposal to block some weapons sales to Israel
-
Fast Forward Sotheby’s to auction earliest known kiddush cup
-
Opinion Trump’s new tariffs on Israel are a BDS dream come true
-
Shop the Forward Store
100% of profits support our journalism
Republish This Story
Please read before republishing
We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines.
You must comply with the following:
- Credit the Forward
- Retain our pixel
- Preserve our canonical link in Google search
- Add a noindex tag in Google search
See our full guidelines for more information, and this guide for detail about canonical URLs.
To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.