Jewish Journal


August 8, 2011

Vast Senate majority urges sanction of Iran’s central bank


United States Capitol

United States Capitol

Nearly the entire U.S. Senate has signed on to a letter urging the Obama administration to implement sanctions targeting Iran’s central bank.

“As you know, the Iranian regime continues to pursue avenues to circumvent both U.S. and multilateral sanctions,” says the letter to be sent Tuesday and first reported Sunday by The Wall Street Journal. “In the banking sector, the Central Bank of Iran lies at the center of Iran’s circumvention strategy.”

The letter, spearheaded by Sens. Charles Schumer (D-N.Y.) and Mark Kirk (R-Ill.), has garnered signatures from more than 90 of the 100 senators.

Laws passed last year enable Obama to launch such sanctions, which would aim to cut Iran off from any banking sector that deals with U.S. markets.

The Obama administration already is sanctioning smaller banks that allegedly deal with Iran’s suspected nuclear weapons program.

JewishJournal.com is produced by TRIBE Media Corp., a non-profit media company whose mission is to inform, connect and enlighten community
through independent journalism. TRIBE Media produces the 150,000-reader print weekly Jewish Journal in Los Angeles – the largest Jewish print
weekly in the West – and the monthly glossy Tribe magazine (TribeJournal.com). Please support us by clicking here.

© Copyright 2016 Tribe Media Corp.
All rights reserved. JewishJournal.com is hosted by Nexcess.net
Web Design & Development by Hop Studios 0.1797 / 46