WASHINGTON, D.C. – Today, House Majority Leader Eric Cantor (R-VA) released the following statement on the passage of H.R. 1905, The Iran Threat Reduction and Syria Human Rights Act:
“In December, the House passed a bill to dramatically strengthen economic sanctions against Iran. In May, the Senate passed its own version of this bill. This week, the House and Senate will send this bipartisan bill to the President to be signed into law. This important legislation significantly expands the President’s authorities to apply additional and even tougher sanctions targeting the financial and energy institutions that support Iran's Islamic Revolutionary Guard Corps, its nuclear program, and its support for terrorism. By closing loopholes in the existing sanctions regime, this measure will tighten the economic noose and authorize dramatic new sanctions on Iran's energy sector.
“I strongly urge the President to utilize the authorities and sanctions contained in this bill. America and our allies must send a strong message to Tehran that it will face unrelenting pressure until it ends its pursuit of a nuclear weapons capability and its sponsorship of terror and instability. I thank Chairman Ros-Lehtinen for her leadership in negotiating with the Senate on this bill to address the serious threat posed by Iran to the United States, Israel, our partners in the region, and the world.”