Banking reforms: What we know about the sanctions being considered in the US
Introduced in the Senate by a Democrat and a Republican, the bill also addresses Hezbollah’s disarmament, support for the Lebanese Army, reconstruction and relations with Israel.
Sanctioning those who obstruct efforts to disarm Hezbollah, strengthening the Lebanese Army and Internal Security Forces (ISF), supporting the reconstruction of southern Lebanon, cracking down on illicit financial networks benefiting Hezbollah, and monitoring the evolution of relations between Lebanon and Israel — these are among the objectives of an ambitious bipartisan bill on Lebanon introduced in the U.S. Senate on Aug. 7. One notable new element is that those obstructing banking and financial reforms could also face U.S. sanctions. Named the Lebanon Sanctions, Stabilization and Support Act, the bill, introduced on Aug. 7, was sponsored by U.S. Senators Jeanne Shaheen, a Democrat from New Hampshire and the ranking member of the Senate Foreign Relations Committee, and James Lankford, a Republican from Oklahoma and a member of the...
Sanctioning those who obstruct efforts to disarm Hezbollah, strengthening the Lebanese Army and Internal Security Forces (ISF), supporting the reconstruction of southern Lebanon, cracking down on illicit financial networks benefiting Hezbollah, and monitoring the evolution of relations between Lebanon and Israel — these are among the objectives of an ambitious bipartisan bill on Lebanon introduced in the U.S. Senate on Aug. 7. One notable new element is that those obstructing banking and financial reforms could also face U.S. sanctions. Named the Lebanon Sanctions, Stabilization and Support Act, the bill, introduced on Aug. 7, was sponsored by U.S. Senators Jeanne Shaheen, a Democrat from New Hampshire and the ranking member of the Senate Foreign Relations Committee, and James Lankford, a Republican from Oklahoma and a member of the...
Offer sent. We hope to welcome you among our subscribers.
Would you like to support L’Orient Today?
Lebanon is in danger of collapse. We need you more than ever. By supporting us, you will allow us to continue to fulfill our mission and provide you with continuous, independent, quality information.
Offer sent. We hope to welcome you among our subscribers.
Would you like to support L’Orient Today?
Lebanon is in danger of collapse. We need you more than ever. By supporting us, you will allow us to continue to fulfill our mission and provide you with continuous, independent, quality information.
Dear readers, to help ensure that your comments are approved without issue by L'Orient Today’s moderators, we invite you to review our moderation charter.