Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I am pleased to support H.R. 4324, which is a commonsense piece of legislation sponsored by my good friend and fellow Texan, Mr. Williams. His work as a member of the Financial Services Committee and as vice chairman of the Monetary Policy and Trade Subcommittee has been invaluable. Mr. Speaker, as our colleagues know, under the Iran nuclear bill, also known as the Joint Comprehensive Plan of Action, or JCPOA, the Obama administration committed the U.S. to license the sale of aircraft to Iran. In addition to authorizing the sales, these licenses have authorized banks to engage in financing, even though Iran remains classified by the Treasury Department as a jurisdiction of primary money laundering concern. On top of that, the State Department continues to label Iran as the world's foremost state sponsor of terrorism. The recipient of these aircraft would be Iran Air, the state-owned airline that was sanctioned as recently as 2011 for supporting the Islamic Revolutionary Guard Corps, which itself has been designated by the Trump administration as a terrorist organization. So, Mr. Speaker, so far, so bad. And yet, while I and many of my colleagues from both sides of the aisle find these aircraft sales and their financing deeply disturbing, Mr. Williams' bill is about something far, far simpler. All his bill would do is bring about the implications of the aircraft finance for Iran out into the sunlight.…”