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Senator Pushes Vote to Blacklist Iran’s Central Bank within Days

By Colby Adams

The U.S. Senate as soon as this week will consider a proposal to apply direct sanctions to the Central Bank of Iran after a House panel adopted a similar measure Wednesday. The proposal, to be introduced by Sen. Mark Kirk (R-IL) as a floor amendment to a foreign spending bill, would require the President to report within 30 days whether the Central Bank of Iran (CBI) finances the Revolutionary Guard Corps, international terrorism or the country's arms program. Should the President determine that CBI meets any of the criteria, the measure would obligate him to apply sanctions under the International...

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