Sen. Tom Cotton (R-Ark.) has introduced bill S-301, legislation “to reinstate certain sanctions imposed with respect to Iran.”
His legislation calls for returning any sanctions “that were waived, suspended, reduced or otherwise relieved pursuant to an agreement between the United States and the Islamic Republic of Iran, including any waiver that is the subject of the document entitled ‘Waiver of Sanctions with Respect to the Transfer of Funds from the Republic of Korea to Qatar” and transmitted to Congress on September 11, 2023.”
Thirty senators, all Republicans, co-sponsored the bill, including Sens. Mitch McConnell (R-Ky.,) Marsha Blackburn (R-Tenn.,) Joni Ernst (R-Iowa) and Chuck Grassley (R-Iowa.) The legislation has been referred to the Committee on Banking, Housing and Urban Affairs.