Brian Schatz on War & Peace
Congressional Summary:Prohibits US-based correspondent accounts or a payable-through accounts by a foreign financial institution that knowingly:
Arguments for and against bill: (New York Times, May 8, 2013): Seeking to escalate pressure on Iran, a bipartisan group of senators introduced legislation that would deny the Iranian government access to its foreign exchange reserves, estimated to be worth as much as $100 billion. The legislation would be the first major new sanction confronting Iran since its inconclusive round of negotiations last month on its disputed nuclear program.
Sponsors of the legislation contend that Iran is not bargaining in good faith while it continues to enrich uranium. Part of the reason, they say, is that Iran has been able to work around the worst effects of the sanctions by tapping its foreign currency reserves overseas, which are largely beyond the reach of current restrictions. "Closing the foreign currency loophole in our sanctions policy is critical in our efforts to prevent Iran from acquiring a nuclear weapons capability," the sponsors said.
Critics said the new legislation risked further alienating Iranians who suspect that the sanctions' true purpose is not to pressure Iran in the nuclear negotiations, but to cause an economic implosion that would lead to regime change. "When we've cemented a sanctions escalation path, we're creating a trajectory toward actual confrontation," said the founder of the National Iranian American Council, a Washington group that opposes sanctions. Some Iranian leaders, he said, see the sanctions "as a train that can only go in one direction and has no brakes."
Axios.com summary: The House passed a symbolic war powers resolution directing President Trump to halt the use of military force against Iran unless he obtains approval from Congress.
The big picture: A classified briefing on the killing of Iranian general Qasem Soleimani [by the US military] left Democrats and even some Republicans deeply skeptical, with many claiming that officials did not provide evidence that there was an "imminent" threat from Iran. Sens. Mike Lee (R-UT) and Rand Paul (R-KY) said they will vote in favor of a similar resolution in the Senate [S J Res 68].
What opponents are saying: Former national security adviser and notorious Iran hawk John Bolton tweeted: "The 1973 War Powers Resolution is unconstitutional. It reflects a fundamental misunderstanding of how the Constitution allocated foreign affairs authority between the President and Congress. The Resolution should be repealed." Pres. Trump quote tweeted Bolton and added: "Smart analysis, I fully agree!"
What supporters are saying: Rep. Matt Gaetz (R-FL) was one of the few Republicans to vote in favor of the resolution, stating on the House floor: "Killing Soleimani was the right decision, but engaging in another forever war in the Middle East would be the wrong decision." Sen. Bernie Sanders (I-VT) introduced legislation that would block funding for offensive military force against Iran without congressional authorization. Rep. Barbara Lee (D-CA) is also seeking to repeal the 2001 Authorization for Use of Military Force (AUMF), which has been used repeatedly to justify war in the Middle East in the wake of 9/11. Lee was the only member of Congress to vote against the AUMF in 2001, criticizing it as a "blank check."
Legislative outcome: H Con Res 83 Passed House 224-194-13 on 1/9/20; S J Res 68 passed Senate 55-45-0 on 2/13/20. Vetoed 5/6; Senate veto override failed 5/7/20.
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AK: Sullivan(R,incumbent) vs.Gross(I)
AL: Jones(D,incumbent) vs.Sessions(R) vs.Moore(R) vs.Mooney(R) vs.
AR: Cotton(R,incumbent) vs.
AZ: McSally(R,incumbent) vs.Kelly(D)
CO: Gardner(R,incumbent) vs.Hickenlooper(D) vs.
DE: Coons(D,incumbent) vs.Scarane(D)
GA-2: Isakson(R,resigned) Loeffler(R,appointed) vs.Lieberman(D) vs.Collins(R) vs.Carter(D)
GA-6: Perdue(R,incumbent) vs.Tomlinson(D) vs.Ossoff(D) vs.Terry(D)
IA: Ernst(R,incumbent) vs.Graham(D) vs.Mauro(D) vs.Greenfield(D)
ID: Risch(R,incumbent) vs.Harris(D) vs.Jordan(D)
IL: Durbin(D,incumbent) vs.Curran(R) vs.
KS: Roberts(R,retiring) vs.
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Senate Votes (analysis)