Rep Cmte Financial Services

Task Force Examines Implications of Iran Nuclear Deal

Washington, Jul 23 -

The Financial Services Committee Task Force to Investigate Terrorism Financing held a hearing yesterday to examine the recent nuclear agreement negotiated by the Obama Administration and the P5+1 nations with Iran and its impact on terrorism financing through and by Iran.

Iran is identified by the United States as a state sponsor of terror. Through its terrorist proxies such as Hezbollah, Hamas, and the Houthis, Iran continues to kill innocents around the around.  The nuclear agreement will grant Iran over $100 billion in funds, which it will undoubtedly use to fund these terror groups – a development even acknowledged by the Administration.    

“Most concerning to myself and many members of the bipartisan task force is the easing of Congressional sanctions – and with it the danger of a new influx of cash finding its way to terrorist organizations threatening strikes to the United States. It appears this agreement fails to address the realities surrounding Iran’s sponsorship of terror, while further empowering its mullahs by infusing billions of dollars into its economy through lifting the sanctions that successfully brought Iran to the negotiating table in the first place,” said Task Force Chairman Michael Fitzpatrick (R-PA).

Key Takeaways

Topline Witness Quotes