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Sunday, August 16, 2015

Obama can do Iran nuclear deal even if Congress disapproves

The September vote on the Iran nuclear deal is billed as a titanic standoff between President Barack Obama and Congress. Yet even if lawmakers reject the agreement, it's not game-over for the White House.

"A resolution to disapprove the Iran agreement may have substantial political reverberations, but limited practical impact," says Robert Satloff, executive director of the Washington Institute for Near East Policy. "It would not override President Obama's authority to enter into the agreement."

The president could suspend some U.S. sanctions. He could issue new orders to permit financial transactions that otherwise are banned now. On the financial sector, Obama could use executive orders to remove certain Iranians and entities, including nearly two dozen Iranian banks, from U.S. lists, meaning they no longer would be subject to economic penalties. (Read More)