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Congressional terror finance task force targets Iran

The potential lifting of sanctions has led Congress to seek other avenues to block Tehran from funding terror.
An Iranian bank teller counts new 20,000 rial notes at Iran's Central Bank in Tehran March 15, 2004. Iran began to release the new 20,000 rial note equivalent to $2.38 shortly before the Iranian new year which begins March 21. REUTERS/Morteza Nikoubazl  CJF/AA - RTRF83M
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A new congressional task force on terrorism financing immediately focused its attention on Iran at its inaugural meeting on April 22.

Concerns that Tehran could gain access to $130 billion in blocked funds and use it to fund Hezbollah and other proxies dominated the hearing of the House Financial Services Committee panel, which has a broad mandate to help bankrupt the Islamic State and other terrorist organizations. Witnesses urged the panel to consider a host of measures, from blacklisting more Iranian officials to clamping down on front companies.

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