The U.S. House of Representatives unanimously passed the Hezbollah International Financial Prevention Act last week, which would enact tougher sanctions against the Lebanon-based and Iranian-funded Hezbollah terrorist organization.
The bill, sponsored by U.S. Rep. Ed Royce (R-Calif.) and cosponsored by nine other members of Congress, would sanction foreign financial institutions that facilitate Hezbollah’s activities through actions such as providing significant financial services or money laundering for the terror group.
“Hezbollah, an Iranian-backed terrorist group, poses a direct threat to American and Israeli security, dominates the Lebanese government, fights for the Syrian Assad regime, and possesses an arsenal of more than 100,000 rockets,” said the American Israel Public Affairs Committee, which urged the Senate to also adopt the legislation.
By: JNS.org