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House Passes Bill to Strengthen U.S. Sanctions on Iran

The U.S. House passed its most stringent package of sanctions against Iran just four days before Iranian President-elect Hassan Rohani, a cleric described as a moderate, takes office.

The House yesterday voted 400-20 for a measure that would subject more goods and services to sanctions, in addition to authorizing the president to impose penalties on foreign entities that maintain commercial ties with Iran. The bill, H.R. 850, intends to clamp down on resources that could be used by the Islamic republic to further its nuclear weapons capabilities, such as access to foreign-currency markets.