On the recordAugust 1, 2012
I thank Chairman Johnson for all of his work on this important Iran sanctions package. Iran continues to defy numerous United Nations Security Council resolutions. It funds Hamas, Hezbollah, and other terrorist organizations, and it commits severe human rights abuses against its own people. We must do everything we can to place as much pressure on the Iranian regime as possible to change its behavior, and I am pleased that we have finally closed this loophole in current law and put U.S. companies on notice that they will be held responsible for the activities of their subsidiaries with respect to Iran.





