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Saturday, April 2, 2016

Cong. Meng demands answers on financial relief for Iran

John Kerry
John Kerry
Reuters


U.S. Rep. Grace Meng (D-NY), a member of the House Foreign Affairs Committee, on Friday sent a letter to Secretary of State John Kerry asking if Iran may now be provided access to the American financial system in the wake of the nuclear deal it signed with the West.

The letter comes amid reports that the Obama administration is considering allowing Iranian banks to clear financial transactions by utilizing U.S. dollars. READ MORE