U.S. Policy Toward Iran

State and Treasury Department representatives testified on U.S. policy toward Iran. Much of the hearing focused on the Menendez-Kirk… read more

State and Treasury Department representatives testified on U.S. policy toward Iran. Much of the hearing focused on the Menendez-Kirk Amendment, which bans foreign financial institutions that work with the Central Bank of Iran from working with the U.S. financial market. The Obama administration does not support the amendment, arguing that the amendment will, in effect cause, more harm than good, jeopardizing U.S. partnerships with the international community and the current multilateral coalition against Iran. Undersecretary Wendy Sherman said that the unintended consequence of the amendment could be to raise oil prices and bring in more oil revenue into Iran, furthering the funding of Iran’s nuclear weapon aspirations. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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U.S. Policy Toward Iran

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Program ID:
302943-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Dec 1, 2011
Last Aired:
Dec 5, 2011

Airing Details

  • Dec 01, 2011 | 10:02am EST | C-SPAN 3
  • Dec 01, 2011 | 8:38pm EST | C-SPAN 1
  • Dec 02, 2011 | 12:31am EST | C-SPAN 1
  • Dec 05, 2011 | 3:47am EST | C-SPAN 1
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