Michael S. Barr: “Yes, they have all the authority they need, and, in fact, they have exercised that authority to impose massively tougher…”

I think it saved a lot of small businesses, households, community banks, and regional banks from a kind of contagion.

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.

I share your outrage about it. I just want to make sure we get to the facts.

I have legislation, the Chinese Military and Surveillance Company Sanctions Act, that uses the OFAC SDN list to target the financing of military and surveillance companies that act counter to the national security of the United States.