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Administration Tries to Water Down Iran Sanctions Legislation

(Foreign Policy) Josh Rogin - President Obama's administration is working behind the scenes to water down congressional language that would impose crippling sanctions on the Central Bank of Iran (CBI). The administration sent to Congress this week a list of requested changes to the sanctions language found in the Senate's version of the defense authorization bill, which was passed last week. Those sanctions, which would punish any bank that does business with the CBI, were part of an amendment authored by Sens. Mark Kirk (R-IL) and Robert Menendez (D-NJ) that passed over the administration's objections by a vote of 100 to 0. The administration wants to delay the implementation of sanctions not related to oil purchases from 60 to 180 days, and wants to water down the severity of sanctions measures if and when they are put into effect.
2011-12-07 00:00:00
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