Congressman Mario Diaz-Balart

Representing the 25th District of FLORIDA

Diaz-Balart Supports Legislation to Require Reporting of Iranian Regime Assets

Dec 13, 2017
Press Release

WASHINGTON – Congressman Mario Diaz-Balart (FL-25) issued the following statement after the passage of H.R. 1638, the Iranian Leadership Asset Transparency Act.

“This legislation requires the Treasury Department to report the Iranian regime's assets, creating an accessible, public database that allows companies to make sound decisions when choosing business partners. Businesses around the world have been unknowingly fueling Iran's regime of terror and aggression through deals that benefit the mullahs. The United States has made it clear it will not support acts of violence and terrorism. This bill provides transparency to help ensure American dollars are not propping up the regime and its illicit activities.”