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House panel aiming to halt Boeing’s sale of jets to Iran

A House subcommittee on Thursday will debate three bill aimed at halting Boeing’s sale of passenger jets to Iran.

The House Financial Services Subcommittee on Monetary Policy and Trade plans to debate the measures aimed at stopping the largest U.S. business transaction with Iran since the 1979.

“Tomorrow’s hearing will examine the Obama administration’s nuclear agreement with Iran and how it opened the door for the sale of American made aircraft to the world’s leading state sponsor of terror,” said Rep. Bill Huizenga (R-Mich.), the subcommittee’s chairman.

“I am extremely concerned that by relaxing the rules, the Obama administration has allowed U.S. companies to be complicit in weaponizing the Iranian regime,” Huizenga said.

Last month, Timothy Keating, senior vice president of government operations at Chicago-based Boeing, responded to a letter from committee leaders saying that Congress knew the sale was passenger jets was part of the negotiations of the nuclear agreement.

Source: http://thehill.com/policy/finance/286701-house-panel-aiming-to-halt-sale-of-airplanes-to-iran

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