BREITBART
Congress Approves Bill to Sanction Banks Financing Iran’s Terror Proxy Hezbollah
by Edwin Mora
December 18, 2015

The U.S. House of Representatives unanimously voted to pass a Senate-approved bill that imposes tough new sanctions on financial institutions that knowingly do business with Shiite Iran’s terrorist proxy Hezbollah, clearing the way for President Obama to sign the bill into law.  Under the bipartisan Hezbollah International Financing Prevention Act (H.R. 2297), the Obama administration is also required to submit to Congress reports Hezbollah’s drug trafficking and transnational criminal activities worldwide, including human trafficking, as well as a list of countries that support the group or in which “[Hezbollah or any of its agents or affiliates, conducts significant fundraising, financing, or money laundering activities.”…Congress’ approval of the bipartisan legislation comes before Iran receives billions of dollars in sanction relief funds, a portion of which Obama and members of his administration have conceded will likely be used to fund the Lebanon-based Shiite militant movement Hezbollah. READ MORE