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

In the past two years, 8 million people added to Iran’s poor population

According to information analyzed by the state-run Etemad newspaper regarding poverty rate data, a 10% increase in the poverty...

Iran: 9 Prisoners Executed in One Day

The Iranian regime executed five prisoners in Kerman prison and two prisoners in Chabahar prison on April 21. At...

Iran’s Regime Publishes Misleading Information About Unemployment Rate

The state-run Donya-e-Eqtesad newspaper has criticized the "statistic manipulation" employed by Iran's regime in its economic reports, stating that...

Regime Authorities Prevent Students From Entering Tehran Polytechnic University

Simultaneously with the implementation of the "Noor Plan" in Iran, which started on Saturday, April 20, to deal with...

Iran’s Regime Very Close to Producing Nuclear Bombs, IAEA Director Warns

Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), told Germany's state-run network ARD television network in...

Iranian Women’s Resistance: Beyond the Veil of Hijab Enforcement

These days streets and alleys of Iran are witnessing the harassment and persecution of women by police patrols under...

Must read

Iran’s suicide bombers to stage “readiness” manoeuvres

Iran Focus: Tehran, Iran, Sep. 05 – A brigadier...

You might also likeRELATED
Recommended to you