No Funds for Iranian Terrorism Act
Floor Speech
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Mr. CLYDE. Mr. Chair, I rise today in strong support of this amendment offered by my colleague from Texas, Representative Pfluger.
It will strengthen H.R. 5961 by unequivocally blocking sanctioned Iranian funds from potentially being unfrozen and keeping these dollars out of the hands of the world's leading state sponsor of terror.
This amendment will close troubling loopholes that allow President Biden to abuse waiver or license authorities to release billions in frozen Iranian assets.
Enough is enough. We cannot continue policies that enrich Iran, embolden terrorists like Hamas, and put American troops in harm's way.
Representative Pfluger's amendment also aligns with and reaffirms the goal of my bill, the Standing Against Houthi Aggression Act, because the Houthis are also proxy terrorists for Iran.
His amendment prevents Iranian funds from being used against our national security interests and limits President Biden's ability to circumvent Congressional oversight.
Mr. Chair, I applaud Representative Pfluger for his work on this critical amendment, and as a cosponsor of it, I urge all Members to support it.
We must stand united in stopping Iran from financing terrorists and in protecting American troops and allies abroad.
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Mr. CLYDE. Mr. Chair, I rise today to oppose Representative Jackson's amendment to add a 5-year sunset period. We cannot risk funds going to terrorism ever, certainly not now and certainly not in 5 years.
Additionally, the only thing standing in the way of $14.3 billion going to support Israel's eradication of Hamas is Joe Biden and Chuck Schumer. The House has done its job. The Senate and the President have so far done nothing but be a roadblock. Yes, we are witnessing a Biden- Schumer roadblock, a B-S roadblock, and it is totally unacceptable. It is a dangerous state of affairs, and Biden and Schumer are the problem.
How can we support our closest ally in the Middle East when the President and the Senate stand in the way?
The House has done its job. It is now time for the President and Mr. Schumer to clear their B-S roadblock.
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