Michael S. Barr: “The bank did respond to regulator citations but those responses were insufficient.”

The answer is that the Biden Administration allowed this to happen by pursuing a policy of weakness and appeasement that allowed Iran to finance this invasion.

We are playing right into China's strategy.

I think congressional oversight is absolutely essential, but I would not pursue the particular legislation that you have described.

I believe that it should be the sense of Congress that the policy of the United States is to prevent from Iran from obtaining a nuclear weapon by all means necessary.