September 27, 2016 | Quoted The Tower

House of Representatives Passes Bill Prohibiting Future Cash Payments to Iran

The House of Representatives voted in favor of a bill Thursday evening that would prohibit future cash payments to Iran.

The Prohibiting Future Ransom Payments to Iran Act passed by a vote of 254 – 163, with a number of Democrats joining Republicans in supporting the bill. President Barack Obama has threatened to veto the legislation.

Foundation for Defense of Democracies executive director Mark Dubowitz testified before Congress earlier this month that the United States may have paid as much as $33 billion in cash to Iran since 2014. The administration originally claimed that it had to use cash because financial sanctions that were imposed on Iran due to the country’s support of terror prevented the U.S. from sending money electronically. But it was later reported that the U.S. had in fact wired money to Iran twice since last July.

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