Iran General NewsObama's Treasury pick vows financial action against Iran

Obama’s Treasury pick vows financial action against Iran

-

ImageAFP: Treasury secretary-designate Timothy Geithner vowed to pursue the US government's financial offensive on Iran to stamp out its alleged weapons proliferation and support for terrorism.

ImageWASHINGTON (AFP) — Treasury secretary-designate Timothy Geithner vowed to pursue the US government's financial offensive on Iran to stamp out its alleged weapons proliferation and support for terrorism.

In written answers to members of the Senate finance committee, released Thursday as part of his confirmation process, Geithner noted that Treasury has blacklisted a number of Iranian banks and companies over those concerns.

"If confirmed as secretary of the Treasury, I would consider the full range of tools available to the US Department of the Treasury, including unilateral measures, to prevent Iran from misusing the financial system to engage in proliferation and terrorism," he wrote in response to senators' questions.

"I agree wholeheartedly that the Department of the Treasury has done outstanding work in ratcheting up the pressure on Iran, both by vigorously enforcing our sanctions against Iran and by sharing information with key financial actors around the world about how Iran's deceptive conduct poses a threat to the integrity of the financial system," Geithner said.

Latest news

Escalating Executions in Iran Put EU Policy Under Scrutiny

A conference held at the European Parliament in Brussels on April 22, 2026, brought renewed attention to the escalating...

U.S. Sanctions Tehran’s Drone and Missile Networks

As part of its ongoing maximum pressure policy, the United States imposed new sanctions targeting supply networks linked to...

How Do the Children of Iranian Regime Officials Manage Smuggled Wealth?

Sky News published a report on April 19 about the children of Iran's ruling elites, who are known as...

The Collapse of Livelihoods in Tehran; Housing Rent Has ‌Become a Nightmare

An examination of rental listings in Tehran’s Districts 4 and 5 shows that the average asking rates in April...

Iran’s ‘No To Executions Tuesdays’ Campaign Marks 117th Week

On Tuesday, April 21, the "No to Executions Tuesdays" campaign entered its 117th week. On this occasion, prisoners participating...

The Naval Blockade And the Structural Fracture of Iran’s Economy

The blockade of the Strait of Hormuz has now become one of the most decisive variables in Iran’s political...

Must read

Iran: Can an Official Survive With 4 Million Tomans?

The life situation of Iran’s workers indicates that the...

Iranians are close making nuclear bomb

The Times: IRAN is just “months away” from having...

You might also likeRELATED
Recommended to you