Connect with us

Hi, what are you looking for?

Jewish Business News

Politics

Senate Passes Bill Giving Congress Review of Iran Nuclear Deal

Legislation would prevent Obama from waiving sanctions on Iran for 30 days during review

The Senate side of the United States Capitol building in Washington,   DC (photo credit Wikipedia)

 

On Thursday, U.S. Senate passed a bill with overwhelming majority, giving sweeping powers to the Congress in the pending nuclear deal with Iran. The Senate approved the bill 98-to-1, granting Congress 30 days to review any final nuclear agreement with Iran and pass a resolution of disapproval. If Congress rejects the nuclear deal, it could curb President Obama’s ability to lift some of the sanctions against Iran.

The White House initially opposed the bill asking Senate Democrats to reject the bill, citing concerns that a legislative move at this stage could hamper the ongoing international with negotiations with Iran. The administration retreated from its tough stand after realising overwhelming support amongst Senate Democrats in favour of the legislation.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

In case President Obama decides to push ahead despite congressional disapproval, he would only be able to lift sanctions imposed against Iranian Regime by the executive wing of the government, leaving sanctions drafted by the Congress untouched.

President Obama could use his executive powers to lift bulk of sanctions imposed against Tehran. This relief in conjunction with United Nation’s and European Union’s easing of sanctions, could allow a nuclear deal with Iran to go through.

An overwhelming approval of the bill by the Senate Democrats reveals Obama administration’s inability to make a convincing case within the Democratic establishment for a negotiated deal with Iran.

 

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.