WASHINGTON POST
The United States must not aid and abet Iranian money laundering
by Ed Royce
April 5, 2016

Iran has yet to see the economic growth it wants from President Obama’s nuclear deal, and it’s demanding additional concessions — above and beyond the agreement — in return for nothing. Specifically, Ayatollah Ali Khamenei wants the United States to end sanctions aimed at curbing Iran’s funding for terrorism and illicit weapons so Iran can gain access to the U.S. financial system, where the majority of international business is conducted. At a news conference Friday, Obama walked back reports that Iran would be allowed direct access to the U.S. dollar, saying, “That’s not actually the approach that we’re taking.” He did not, however, explicitly close the door to other steps that would give the regime access to U.S. dollars through offshore clearinghouses. In other words, Iran would be allowed to launder dollars while the administration looked the other way. READ MORE