And does the chairman agree that this requirement that the foreign subsidiary knew or should have known that they were doing business with Iran relates only to the actual business transaction and does not require that the subsidiary had or should have had knowledge of current U.S. sanctions law in order to place penalties on the U.S. parent company?
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More from Frank Lautenberg
I have long been concerned with the understaffing of air traffic controllers at Newark Liberty and I am concerned the sequestration-imposed air traffic controller furloughs will disproportionately impact this airport.
The IRS must be funded at a level that enables it to provide necessary taxpayer assistance and to enforce the laws.
So we must continue to work for a fair and balanced solution that provides certainty to our Federal agencies and to the American people.
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