On the recordDecember 13, 2017
Mr. Speaker, I am happy to come to the floor this afternoon to support House Resolution 658, the combined rule providing for consideration of H.R. 1638 and H.R. 4324. H.R. 1638, the Iranian Leadership Asset Transparency Act, sponsored by the gentleman from Maine (Mr. Poliquin), is commonsense legislation. The bill would publicize assets associated with Iran's Government and military leadership. It would require a report to Congress on the assets that these leaders control, how they were acquired, and how each and every one of these Iranian leaders uses them. The American people, the American businesses, and the international community deserve to know who controls money and assets in Iran. I am also proud to be the sponsor of H.R. 4324, the Strengthening Oversight of Iran's Access to Finance Act. My legislation would improve congressional oversight of any financing that the Treasury authorizes for aircraft sales to Iran. Every 6 months, the Treasury would need to certify to us that finance authorizations would not benefit an Iranian person who is transporting items for the proliferation of weapons of mass destruction, nor providing transportation for sanctioned entities. {time} 1300 Treasury would also have to certify to us that these authorizations don't pose a significant money laundering or terrorism finance risk to the U.S. financial system.…





