Republicans and Democrats Join to Pass Rep. Poliquin’s Bill to Disclose Secret Funds of Iranian Regime Leaders
WASHINGTON – The U.S. House of Representatives passed Congressman Bruce Poliquin’s (ME-02) Iranian Leadership Asset Transparency Act with broad bipartisan support in a 289-135 vote, including 56 Democrats and Democratic Whip Steny Hoyer (D-MD-05). This is Congressman Poliquin’s fourth bill to pass the House this year.
The Iranian Leadership Asset Transparency Act publicly discloses the assets of Iran’s tyrannical regime, which have been used to support and sponsor terrorism.
“Iran’s top regime leaders—the Supreme Leader and the country’s top political and military brass—have amassed huge wealth through their tyrannical rule and corrupt and covert structure,” said Congressman Poliquin. “Reports have indicated these funds are being used to support and sponsor terrorism around the region and to undermine our own national security interests. Iran, the world’s leading state sponsor of terrorism, cannot be trusted and it’s important for the security of the region and for the United States for these secret funds to be exposed publicly to the world. I’m extremely pleased my colleagues in the House—Democrats and Republicans—passed this important legislation.”
Congressman Bruce Poliquin speaks on the House Floor in support of the Iran Leadership Asset Transparency Act, his fourth bill to pass the House this year.
Congressman Poliquin is a member of the Terrorism and Illicit Finance Subcommittee, the congressional body charged with investigating, identifying and helping to disrupt financial sources for terrorist organizations and sponsors of terrorism.
Background on the Iranian Leadership Asset Transparency Act:
The Iranian Leadership Asset Transparency Act will publicize the assets associated with members of Iran’s tyrannical government leadership, including the Supreme Leader of Iran, Members of the Council of Guardians, Members of the Expediency Council and the top military leaders. The Department of Treasury would submit a report to Congress on the assets under control, how the assets were acquired and how they are used by these top political and military leaders. The report would be submitted to Congress and available on the Treasury’s website in English as well as the 3 main languages used in Iran: Farsi, Arabic, and Azeri.