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Bennet Statement on Reports Regarding the Potential Use of the U.S. Dollar in Business Transactions with Iran

Washington, D.C. – Colorado U.S. Senator Michael Bennet issued the following statement in response to reports that the U.S. Treasury Department is considering allowing the use of the U.S. dollar for business transactions involving Iran: “The American financial system is central to our efforts to counter terrorism financing and illegal trade. The Treasury Department should […]

Apr 6, 2016 | Economy & Jobs, National Security & Foreign Policy, Press Releases

Washington, D.C. – Colorado U.S. Senator Michael Bennet issued the following statement in response to reports that the U.S. Treasury Department is considering allowing the use of the U.S. dollar for business transactions involving Iran:

“The American financial system is central to our efforts to counter terrorism financing and illegal trade. The Treasury Department should not allow Iran to conduct business with the U.S. dollar. At a time when Iran is funding terrorism across the region, pursuing a destabilizing ballistic missile program, and threatening Israel’s existence, the Administration should not consider allowing it access to our financial system.”