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Failing to Blacklist Iranian Banks Could Have Bigger Consequences
(Orlando Sentinel) Jeb Bush, Ileana Ros-Lehtinen and Mark Wallace - Iran, the world's leading state-sponsor of terrorism, has lied to global financial policymakers at the Financial Action Task Force (FATF) for three years about its intention to prevent its banks from laundering money and financing terror organizations. The Iranian regime has failed to implement the plan it agreed to in 2016 and has been actively funding proxy wars, plotting terror attacks in European cities and threatening U.S. forces serving abroad. With a vote to blacklist Iran, the FATF, meeting in Orlando this week, would seriously disrupt Tehran's ability to move money to bad actors around the world. But if the FATF shows that it can be bullied into giving Iran more time, terror leaders will breathe a sigh of relief, more attacks will be planned and more hostages will be taken. Jeb Bush served as governor of Florida. Former Rep. Ileana Ros-Lehtinen (R-Fla.) served in Congress from 1989 to 2017. Mark D. Wallace, a former U.S. ambassador to the UN for management and reform, is CEO of United Against Nuclear Iran.