Maximum Pressure Act (Rep. Banks, R-IN)
- Reimposes various sanctions on Iran from the Obama and Trump administrations
- Declares that Iran is responsible for the October 7 terrorist attacks against Israel and that the only suitable punishment for these attacks is a return to maximum pressure on Iran
- Transfers Iran's $6 billion ransom payment to the U.S. Victims of State Sponsored Terrorism Fund
- Removes the limits on bounties for the capture of terrorist perpetrators of the October 7 massacre
- Requires the Treasury to blacklist all new banks in Iran not already sanctioned
- Requires a report on Iranian intelligence and influence activities in the U.S., like the Iran Experts Initiative, and whether Iranian agents have been employed within the U.S. government
- Requires a report on whether Iran sanctions relief has freed up resources for Iranian-backed terrorist groups and describing how much those groups have benefitted from sanctions relief
Letter from Rep. Blaine Luetkemeyer (R-MO) to President Biden and Secretary Yellen Regarding the Status of Emergency Assistance to the Palestinian Authority
- Asks President Biden and Secretary Yellen whether Congress has any assurances that the $100 million in humanitarian assistance to Gaza and the West Bank through USAID will not be used to finance terror, how the administration plans to avoid diversion of those resources, and how the administration plans to ensure that the funds do not affect primary and secondary sanctions against Iran
Veterans for Mustangs Act (Rep. Lisa McClain, R-MI)
- Directs the Secretary of the Interior to manage the wild horse mustang population via contraceptive vaccines instead of roundups and horse pens
- Urges the Secretary to prioritize hiring veterans to administer the vaccine via dart injection and allow Veterans to work with the horses for therapeutic reasons
Letter from Rep. Blaine Luetkemeyer (R-MO) commenting on the Financial Crimes Enforcement Network's Notice-of-Proposed Rulemaking on Beneficial Ownership Reporting
- Argues that the current compliance deadline for companies formed after January 1, 2024 that must report beneficial ownership information is too short, and that companies formed before January 1, 2024 will not get an extension to their compliance deadline at all