The House of Representatives last week approved a proposal that would require the administration to report to Congress on how proceeds from illicit Iranian oil exports are funding Iran’s Islamic Revolutionary Guard Corps and Tehran’s terrorist proxies.
Marc Selinger
Marc Selinger, Assistant Editor, is the congressional reporter for Export Compliance Daily, which he joined in December 2023. He previously wrote for a variety of defense publications, highlights of which included covering the Paris and Farnborough (UK) air shows and touring the Israeli defense industry. His first full-time journalism job involved reporting on local government, schools and police news for a community newspaper in Michigan. He is on X at @marcselinger and on LinkedIn at https://www.linkedin.com/in/marc-selinger-315089173/.
The Group of Seven (G7) nations agreed last week at their summit in Apulia, Italy, to use interest from frozen Russian assets to finance about $50 billion in loans to Ukraine.
Senate Foreign Relations Committee Chairman Sen. Ben Cardin, D-Md., said June 13 that he has made substantial progress in putting together a major China bill since he disclosed several months ago that he was developing such legislation.
The Biden administration announced June 12 that it is taking additional measures to degrade Moscow's war machine, including sanctioning more than 300 entities and people in Russia and other countries and implementing several new export restrictions, including adding five entities and eight addresses to the Entity List.
The Biden administration this week will announce a new set of export controls and sanctions aimed at impeding Russia’s ability to continue fighting Ukraine, National Security Council spokesperson John Kirby said June 11.
House Select Committee on China Chairman John Moolenaar, R-Mich., and Reps. Zach Nunn, R-Iowa, and Bill Huizenga, R-Mich., introduced a bill June 7 that would require the Committee on Foreign Investment in the U.S. to notify Congress if CFIUS denied a member agency’s request to review a transaction.
Four Republican senators asked Treasury Secretary Janet Yellen in a letter last week to explain why her department hasn’t made greater use of its authority to sanction those who commit human rights violations against China’s Uyghur minority.
Lawmakers are proposing dozens of export control-, sanctions- and foreign investment-related amendments to the House version of the FY 2025 National Defense Authorization Act (NDAA), including measures aimed at China, Iran and Russia.
The House of Representatives voted 247-155 on June 4 to pass a bill that would sanction International Criminal Court (ICC) officials if they issue arrest warrants for Israeli leaders over the war in Gaza.
Sen. Chris Van Hollen, D-Md., June 4 urged Treasury Secretary Janet Yellen to consider sanctioning Israeli Finance Minister Bezalel Smotrich over his West Bank policies.