While the Obama administration has pursued diplomatic efforts to halt Tehran’s uranium enrichment program, Congress has pressed the U.S. President to step up new economic sanctions against Iran. “Now it is our job to arm our president with a comprehensive set of tough sanctions designed to ratchet up pressure on the regime,” said Sen. Chris Dodd (D-Conn.), chairman of the Senate Committee on Banking, Housing and Urban Affairs.
On July 30, the committee held a hearing on “Minimizing Potential Threats from Iran: Assessing Economic Sanctions and Other U.S. Policy Options.” Senate legislation, which would target the country’s refined petroleum imports, now has 71 co-sponsors. The bill mirrors a proposal in the House that has more than half the chamber’s members already signed on as co-sponsors.
Posted by Fatemeh Darabi 

