A foreign bank that conducts or facilitates a significant financial transaction with Iran's Mahan Air, the IRGC-controlled construction firm Khatam al-Anbiya, or Bank Saderat will risk losing its access to the U.S. financial system, and this is not affected by the nuclear deal.

Adam Szubin

Categorized in : Energy

The regime is notoriously deceitful in its financial transactions in order to continue its illicit weapons programs and other destabilizing activities.

Iran will not have access to our financial system. by Adam Szubin

Iran will not have access to our financial system.

We will continue to use all of our tools to counteract Iran's ballistic missile program and support for terrorism, including through sanctions.

He supposedly draws a state salary of something like $110,000 a year, that is not an accurate statement of the man's wealth, and he has longtime training and practices in terms of how to mask his actual wealth.

There is no grandfather clause. No provision in the deal gives si... by Adam Szubin

There is no grandfather clause. No provision in the deal gives signed contracts special status.

What we need to do then is obviously hit Iran in a proportionate way, show them that those breaches have consequences. Otherwise, we're just asking for larger breaches.