House Passes Bill to Ban Financing of Commercial Aircraft Exports to Iran
The House of Representatives on Nov. 17 voted to pass H.R. 5711, a bill that would prohibit the Treasury secretary from authorizing a transaction by a public or private U.S. financial institution for the export or re-export of commercial passenger…
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aircraft to Iran. The legislation now goes to the Senate for consideration. President Barack Obama said he plans to veto the bill (see 1611150036).