The only thing that ultimately got SWIFT to move was congressional pressure in 2012 threatening sanctions against SWIFT that led to a chain reaction.
David Schweikert: “The only thing that ultimately got SWIFT to move was congressional pressure in 2012 threatening sanctions against SWIFT…”
Editor's note · Context
Schweikert discusses the influence of congressional pressure on SWIFT's actions regarding Iranian banks.
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Yes. You don't have to answer that because, the moment you answer, there will be an army of paid lobbyists, people running ads in your district, probably now beating the crap out of me on social media--
These are wonderful people, but they’ve never actually been in the great battle,
Mr. Roy, I think I am actually against my time, so I am going to do that moment. I am going to first apologize to the folks who had to try to take our words down for talking too fast, for the poor Speaker who had to sit here and listen to…
--because, when it is that sort of money, you know they are going to-- You also saw the articles 3 weeks ago in The Wall Street Journal. There is criminal investigations now going on. Justice Department now is diving into these folks, so…





