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US Bill to Restrict Obama Lifting Iran Sanctions

US Bill to Restrict Obama Lifting Iran SanctionsUS Bill to Restrict Obama Lifting Iran Sanctions

The US House of Representatives narrowly approved legislation on Tuesday that would restrict President Barack Obama's ability to lift sanctions under the international nuclear deal with Iran, nearly three weeks after a similar vote was canceled.

House members voted 246-181 to pass the "Iran Terror Finance Transparency Act," almost entirely along party lines, with almost every "yes" vote coming from Republicans and Democrats overwhelmingly opposed to it, Reuters reported.

The legislation is not expected to become law, even though Republicans control both the House and Senate. Even if it were passed by the Senate, Obama has promised a veto, saying the measure would kill the landmark nuclear agreement.

The House narrowly passed the legislation last month, but the vote was voided after nearly a third of the chamber showed up too late to cast their votes.

The voided vote took place on Jan. 13. On Jan. 16, US and Iranian authorities announced a complex deal in which Iran released four American prisoners just as the international nuclear agreement was implemented.

Congressional aides said the House vote was voided because the new House speaker, Paul Ryan, was pushing members to arrive for votes on time, not because of any connection to the prisoner deal.

 

Financialtribune.com