I thank the chairman of the Financial Services Committee. Mr. Chairman, I rise in strong support of H.R. 5461 today, and I am a proud original cosponsor of this legislation. Mr. Poliquin's approach is simply a commonsense thing to do. When you consider that this administration, 6 years ago, turned its back on the Iranian people when they were trying to protest their notorious regime and take to the streets, but then instead of aiding those citizens, they turned their back on the people of Iran to negotiate with the ayatollahs what I believe to be an ill-conceived and poorly designed nuclear deal. My friend from Connecticut (Mr. Himes) makes the point of asset transparency and argues that this bill would not, in fact, help advance the transparency of the Quds Force or the aggregation of these assets in the hands of these 80 individuals. But, in fact, if the administration was serious about transparency, they would not give the largest state sponsor of terrorism $1.7 billion in Swiss francs and euros to become an untraceable honey pot for the purchase of ballistic missile components or fund terrorism in the West Bank or back Assad. Representative Price of North Carolina talks about this act actually strengthening the hard-liners. I would argue, if this is strengthening the hardliners, what, in fact, did the JCPOA accomplish when we report a 50 percent increase in incursions from the Iranian military in our air and sea activities in the Persian Gulf?…
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