House passes Hezbollah bill Rubio helped champion in Senate
The House today unanimously passed a bill that aims to sanction international financial institutions that do business with Hezbollah. The companion was sponsored by Marco Rubio and Jeanne Shaheen, and was approved in November.
The bill authorizes sanctions on international financial institutions that knowingly engage in business with Hezbollah and its enablers. It also identifies the organization’s satellite and internet providers that facilitate its messages to the al-Manar Hezbollah television station," according to a news release from Rubio's office.
The bill passed the Senate in November after initially passing the House under authorship of Rep. Ed Royce, R-Calif., chairman of the Foreign Affairs Committee.
“We know these sanctions will work because Hezbollah has already condemned them,” Rubio said in a statement. “It's critical that the administration get to work right away in implementing these sanctions that targets financing that Hezbollah ultimately uses to rain rockets down on Israeli civilians and carry out Iran’s orders in wreaking havoc and mayhem across the Middle East. Hezbollah and its sponsor Iran should know that America will not back down in the face of terrorism, and we will continue to stand up for our allies.”
Said Royce: "Under President Obama’s nuclear deal, Iran will soon hit a jackpot worth tens of billions of dollars. Even the president admits this ‘windfall’ of cash will go to activities and groups, including its main terror proxy Hezbollah, that pose ‘a threat to us, and a threat to our allies.’ This bill cracks down on Hezbollah’s fundraising efforts, its operations in Syria, and its efforts to carry out hostilities against the United States and our ally Israel. I urge the president to quickly sign this legislation into law.”