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Senate lays off Iranian banks in latest draft of post-deal bill

The latest iteration of Sen. Ben Cardin's pending legislation addresses many — but not all — of its critics' concerns
A general view of the Central Bank of Iran building in Tehran January 23, 2006. Iran's central bank has not implemented any measures in preparation for U.N. action over its atomic programme because it does not believe sanctions will be imposed, the bank said on Monday. REUTERS/Morteza Nikoubazl - RTR18RHP

A key Iran bill under discussion on Capitol Hill is being toned down considerably amid criticism that its original version would doom the international nuclear agreement.

The legislation from Sen. Ben Cardin, D-Md., no longer conflicts with US commitments to lift sanctions on certain Iranian banks, according to a recent draft obtained by Al-Monitor. The latest version also removes an aggressive commitment to renew all sanctions on Iran and sweeps away an offer to provide Israel with bunker-busting super-bombs known as massive ordnance penetrators.

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