The U.S. Senate has approved a bill to further sanctions against financial institutes connected to Hezbollah.

 

The bill was approved on November 17 and targets foreign financial institutes that have business dealing with Hezbollah.

 

Senator Marco Rubio, R-Fla., a candidate for the Republican presidential nomination, authored the bill with Senator Jeanne Shaheen, D-N.H. A similar bill unanimously passed the U.S. House of Representatives in May. The Senate bill now goes back to the House for final approval, which Shaheen in her statement said should happen within days.

 

“This legislation turns the screws on its network of support and sends a message to Tehran that there will be zero tolerance for financing terrorism.”

 

The American Israel Public Affairs Committee (AIPAC) strongly backed the bill.

 

“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 150,000 rockets and missiles,” AIPAC said in a statement. “Hezbollah has killed more Americans than any terrorist group other than al-Qaeda, and has recently attempted attacks, some successfully, in multiple countries including Bulgaria, Thailand, and Azerbaijan.”

 

Al Masdar