Now, according to an Associated Press report, the Obama administration is considering a rule change to allow some Iranian businesses to use off shore financial institutions to access U.S. dollars in currency trades. When the White House sold it to Congress, senior Treasury officials promised the nuclear agreement would not allow such dollar transactions, since Iran’s financial system has been repeatedly designated as a concern for money laundering. It was not part of the “deal” that was agreed in July, which only lifted nuclear related sanctions on Iran, but kept in place other sanctions to punish the country’s support for terrorism, human rights abuses and its ballistic missile program…
And that’s just the latest example of a new concession won by Iran. Over the summer, Secretary of State John Kerry told Congress that the U.N. resolution that ended international sanctions on Iran’s nuclear program would nonetheless retain language that prohibited Iran from testing ballistic missiles. And yet a March 28 letter from the U.S. and the European Union to the U.N. Secretary General this week conspicuously declined to call Iran’s recent ballistic missile tests a “violation” of that resolution.
This caught the attention of Rep. Mike Pompeo and two of his fellow Republican House members, Pete Roskam and Lee Zeldin. In a letter to Kerry sent Thursday, they write, “The seeming American refusal to name these Iranian tests as violations is in direct conflict with the administration’s earlier commitments.”
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