On March 12, 2020, Congressman Bill Huizenga (R-MI) introduced “Block Iranian Access to U.S. Banks Act of 2020” bill to prohibit Secretary of Treasury from authorizing financial services by the U.S. financial institutions with Iran. The bill cited previous reports from State Department and Department of the Treasury about Iran’s involvement in money laundering and sponsoring terrorism.Congressman Huizenga Introduces H.R.6243
On March 12, 2020, Congressman Bill Huizenga (R-MI) introduced “Block Iranian Access to U.S. Banks Act of 2020” bill to prohibit Secretary of Treasury from authorizing financial services by the U.S. financial institutions with Iran. The bill cited previous reports from State Department and Department of the Treasury about Iran’s involvement in money laundering and sponsoring terrorism.