News

Obama: Go Ahead, Divest My Day

By Ami Eden May 17, 2007

Senator Barack Obama has introduced The Iran Sanctions Enabling Act of 2007, a measure that would, according to this report, “authorize state and local governments and private fund-managers to divest assets for companies that invest over $20 million in Iran’s energy sector, which the U.S. government would publish in a list every six months.” The companion version in the House was introduced by two Democrats, Barney Frank and Tom Lantos, the respectives chairs of the Financial Services and Foreign Affairs committees.

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