Senator to Co-Sponsor Bill to Create new Terror Sanctions Category
Sen. Gary Peters, D-Mich., is jumping on as the fourth co-sponsor of a bill that would create a new U.S. government sanctions category to designate foreign governments that fail to stop terrorist financing, Peters said Aug. 15 (here). S. 3125,…
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the Stop Terrorist Operational Resources and Money Act, would give the president a new option to label a country a “Jurisdiction of Terrorism Financing Concern” if U.S. government measures to stop terrorist financing don’t succeed. The legislation would also allow the president to impose restrictions on or enter into an agreement with a country that has received the designation, to help the country finance its counterterrorism efforts, Peters’ office said. Introduced in June by Sen. Bob Casey, D-Pa., the bill’s other co-sponsors include Sens. Johnny Isakson, R-Ga., Marco Rubio, R-Fla., and Elizabeth Warren, D-Mass.