Dodd Says He’ll Introduce an Iran Sanctions Bill
Just out from the chairman of the Senate Banking Committee:
“If Iran were to acquire nuclear weapons capability, it would pose a significant threat to peace and security in the Middle East, especially to our close ally Israel,” said Dodd. “That is a threat to both national security and global stability – and it cannot be allowed to stand unchallenged.”
“As Chairman of the Senate Banking Committee, I intend to introduce legislation that will arm the administration with the ability to impose tough, targeted sanctions if Iran does not respond to our final diplomatic effort in the coming weeks.”
Note the “coming weeks” timetable, which gives the Obama administration time to assess whether that diplomatic effort, which begins Thursday in Geneva, looks promising. Rep. Howard Berman (D-Calif.) and Sens. John Kerry (D-Mass.) and Evan Bayh (D-Ind.) have also indicated that they’ve got sanctions bills at the ready.