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 Amendment,… read more

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 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

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  • David S. Cohen Undersecretary Department of the Treasury->Terrorism and Financial Intelligence
  • Wendy R. Sherman Undersecretary Department of State->Political Affairs
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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 01, 2011 | 10:02am EST | C-SPAN 3
Last Aired:
Dec 05, 2011 | 3:47am EST | C-SPAN 1

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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