“Steve Mnuchin tells lawmakers admin is reviewing licenses given to airplane manufacturers to sell to Islamic Republic”

US looking into upping sanctions on Iran, Treasury head says
by Staff
May 25, 2017

US Treasury chief Steve Mnuchin said the Trump administration was exploring ways to increase financial pressure on Iran, Syria and North Korea Thursday, days after President Donald Trump launched a blistering verbal offensive against Tehran during a trip to the Middle East. Mnuchin told the House Ways and Means Committee that the administration was looking into revoking licenses for aircraft manufacturers to sell parts and planes to Iran, which had been a key component of sanctions relief under the 2015 nuclear deal. “We will use everything within our power to put additional sanctions on Iran, Syria and North Korea to protect American lives,” Mnuchin said, according to Reuters. “I can assure you that’s a big focus of mine and I discuss it with the president.” READ MORE

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