I thank my good friend from Colorado (Mr. Buck) for the time. I want to thank Chairman Hensarling because these bills that we are combining today came out of his committee. I want to thank him for his leadership in bringing these important bills before us today. I rise in support of H.R. 1638, the Iranian Leadership Asset Transparency Act. I want to thank my good friend from Maine, Bruce Poliquin, for his work in authoring this bill. It is a critical step, a necessary step in holding the Iranian regime accountable for its money laundering, for its terror financing, and other wide-ranging criminal activities. The Islamic Revolutionary Guard Corps, known by its initials, its acronym, IRGC, has long been at the heart of the Iranian criminal enterprise, controlling the better part of Iran's economy in key sectors like oil, gas, telecommunications, and transportation. The IRGC's business empire and monopoly of these economic sectors provides the regime with billions of dollars that it uses to do what? To feed the people, to clothe the people, to educate the children? No. To repress the Iranian people and to export the terror that it has done so much damage in throughout the world, and its hateful ideology abroad. Two years ago, I held a hearing of our Subcommittee on the Middle East and North Africa, where we explored the role of the IRGC and, again, that is the Islamic Revolutionary Guard Corps.…
On the recordDecember 13, 2017
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