Rep. Paul Cook Votes for the Iran Terror Finance Transparency Act
WASHINGTON- Today, Rep. Paul Cook (R-Apple Valley) voted for HR 3662, the Iran Terror Finance Transparency Act. This bill strengthens congressional oversight over the administration’s sanctions against Iranian terrorism financiers. Rep. Cook is a cosponsor of this legislation.
The Iran Terror Finance Transparency Act blocks the President from offering sanctions relief to an individual or bank until certifying that it either has not conducted a significant financial transaction with a terrorist organization, the Islamic Revolutionary Guard Corps, or in support of either Iran’s ballistic missile or conventional weapons programs. The bill also provides Congress with greater oversight into how the Treasury Department licenses specific US companies to do business in Iran.
Cook said, “I’m opposed to President Obama’s nuclear deal with Iran because I oppose the lifting of sanctions without receiving significant concessions from the Iranian regime. The United States needs to reserve the right to maintain and enforce existing sanctions. This bill will prevent the President from unilaterally lifting sanctions on those who do business with terrorists.”