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Search Results: keywords:"financial sanctions exemptions"

  • H.R. 6015 is a bill that seeks to prevent the misuse of financial sanctions exemptions by Iran. It requires the President to issue regulations within 180 days to ensure transactions do not support international terrorism or the spread of weapons of mass destruction....

    Simple Explanation

    The bill wants to make sure Iran doesn't use special financial rules to do bad things like support terrorism or make dangerous weapons. It tells the President and other important people to watch carefully and report back on how well this is working.

  • H.R. 6015, titled the “Iran Sanctions Accountability Act of 2023,” requires the President to create regulations ensuring that certain financial transactions do not support terrorism or weapons of mass destruction. The bill mandates regular reports to Congress on the...

    Simple Explanation

    The bill wants to make sure that money rules are in place so Iran can't use them to help bad activities like making weapons or helping terrorists. If Iran stops doing bad things, the U.S. might be nicer, but until then, America will say no to money help for Iran from a big bank.