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.