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releases: https://williams.house.gov/media-center/in-the-news/house-approves-bill-to-enhance-oversight-of-iranian-aircraft-purchases-from

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Data license: MIT · Data source: dwillis/congress-press

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url title date year month party chamber state member_name bioguide_id domain scraper source date_source text has_text collected_at updated_at
https://williams.house.gov/media-center/in-the-news/house-approves-bill-to-enhance-oversight-of-iranian-aircraft-purchases-from House approves bill to enhance oversight of Iranian aircraft purchases from US manufacturers 2017-12-18 2017 2017-12 Republican House TX Roger Williams W000816 williams.house.gov     legacy The treasury secretary would be required to report to Congress financial transactions related Irans purchase of commercial passenger aircraft from U.S. manufacturers under a bill that the House of Representatives approved on Thursday. Under the Obama administrations nuclear agreement with Iran, the Treasury Departments Office of Foreign Assets Control (OFAC) authorized U.S. aircraft manufacturers to begin negotiations with Iran in March 2016. Since then, OFAC has permitted the sale of more than 200 aircraft. Because OFAC licenses authorize U.S. financial institutions to take part in these transactions, U.S. citizens savings and investments can be used to finance Irans aircraft purchases. U.S. Rep. Jeb Hensarling (R-TX), the chairman of the House Financial Services Committee, called that prospect deeply troubling. As a result, U.S. Rep. Roger Williams (R-TX) introduced the Strengthening Oversight of Irans Access to Finance Act, H.R. 4324. The bill aims to bring transparency and oversight to financial transactions related to Iranian aircraft purchases. This commonsense legislation will improve the much needed Congressional oversight on aircraft sales licensed by the U.S. Treasury Department to Iran while protecting the national security interests of the American people, Williams said. I thank Chairman Hensarling for his support on this critical legislation, and to my House colleagues for casting a vote to put America first. 1 2026-03-30T12:14:52Z 2026-03-30T12:14:52Z
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