So I think in some senses, we are with this legislation taking the lessons learned from Undersecretary Levy's very successful efforts.
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Driehaus discusses leveraging business choices to influence companies regarding Iran.
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I think we as a country understand the importance of working with other countries, but certainly setting our own precedent and our own position of stopping economic dealings as much as we can with Iran.
The purpose of the legislation we are discussing today is to permit State and local governments, educational institutions, and private fund managers to divest from entities that invest $20 million or more in Iran's energy sector.
The State of Florida has divested more than $1.1 billion of investments thus far, and the retirement system of our public employees no longer owns one dime of direct holdings in companies enabling Iran to press ahead with its pursuit of…





