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A U.S. congressional panel on Thursday approved legislation targeting dozens of Iranian financial institutions expected to soon be freed of international sanctions under terms of a nuclear accord signed in June. The Iran Terror Finance Transparency Act, which the House Foreign Affairs Committee adopted by voice vote, would require the Obama administration to certify that the banks in question haven't processed significant transactions for Iran's Revolutionary Guard Corps and other blacklisted Persian entities before ordering their removal from U.S. blacklists. The measure would also empower the White House to ban U.S. correspondent accounts held for foreign financial institutions that have...