Republicans offer bill to block potential Iran dollar useWASHINGTON (Reuters) - Two Republican U.S. senators who oppose the nuclear agreement with Iran introduced a bill on Wednesday that would keep Iran from gaining even indirect access to the U.S. financial system or using U.S. dollars in business transactions. The measure introduced by Senators Mark Kirk and Marco Rubio came amid media reports that U.S. officials were moving toward allowing such transactions. President Barack Obama has denied having such plans. The legislation would prohibit the president from issuing any license for conducting an offshore U.S. dollar clearing system for Iranian transactions or providing any such system with U.S. dollars. It also would impose secondary sanctions on any financial institution found to be participating in any offshore dollar clearing system with Iran. State Department spokesman Mark Toner acknowledged the United States was advising banks and other businesses about how to conduct business with Tehran without running afoul of U.S. authorities, but that does not involve converting money to dollars. “These banks don’t want to violate existing sanctions,” he said, “but they are allowed to under certain condition to do business with Iran, so we do consider it as an obligation on how to counsel them.” Along with some of Obama’s fellow Democrats, congressional Republicans unanimously opposed the deal announced in July in which Iran agreed to scale back its nuclear program in exchange for sanctions relief. Several lawmakers have been working on legislation since to keep tight controls on Iran, especially over its repeated ballistic missile tests since late last year. U.S. Representative Ed Royce, the Republican chairman of the House Foreign Affairs Committee, published a column in the Washington Post on Wednesday saying Obama was so eager to preserve a signature foreign policy agreement that he would consider measures that would let Iran “launder dollars while the administration looked the other way.” The issue is particularly potent in this U.S. election year, when Americans will pick a new president, and every member of the House and one-third of senators are up for re-election. The three remaining Republican presidential candidates have all vowed to tear up or back away from the nuclear deal, which Obama administration officials say would be calamitous. Rubio suspended his 2016 presidential campaign last month, and Kirk’s Senate re-election race is seen as one of this year’s most competitive. politicsNews
republicans offer bill block potential iran dollar usewashington reuters two republican senators oppose nuclear agreement iran introduced bill wednesday would keep iran gaining even indirect access financial system using dollars business transactions the measure introduced senators mark kirk marco rubio came amid media reports officials moving toward allowing transactions president barack obama denied plans the legislation would prohibit president issuing license conducting offshore dollar clearing system iranian transactions providing system dollars it also would impose secondary sanctions financial institution found participating offshore dollar clearing system iran state department spokesman mark tower acknowledged united states advising banks businesses conduct business tehran without running afoul authorities involve converting money dollars these banks want violate existing sanctions said allowed certain condition business iran consider obligation counsel along obama fellow democrats congressional republicans unanimously opposed deal announced july iran agreed scale back nuclear program exchange sanctions relief several lawmakers working legislation since keep tight controls iran especially repeated ballistic missile tests since late last year representative ed royce republican chairman house foreign affairs committee published column washington post wednesday saying obama eager preserve signature foreign policy agreement would consider measures would let iran lander dollars administration looked the issue particularly potent election year americans pick new president every member house senators the three remaining republican presidential candidates vowed tear back away nuclear deal obama administration officials say would calamitous rubio suspended presidential campaign last month kirk senate race seen one year competitive politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Republicans offer bill to block potential Iran dollar useWASHINGTON (Reuters) - Two Republican U.S. senators who oppose the nuclear agreement with Iran introduced a bill on Wednesday that would keep Iran from gaining even indirect access to the U.S. financial system or using U.S. dollars in business transactions. The measure introduced by Senators Mark Kirk and Marco Rubio came amid media reports that U.S. officials were moving toward allowing such transactions. President Barack Obama has denied having such plans. The legislation would prohibit the president from issuing any license for conducting an offshore U.S. dollar clearing system for Iranian transactions or providing any such system with U.S. dollars. It also would impose secondary sanctions on any financial institution found to be participating in any offshore dollar clearing system with Iran. State Department spokesman Mark Toner acknowledged the United States was advising banks and other businesses about how to conduct business with Tehran without running afoul of U.S. authorities, but that does not involve converting money to dollars. “These banks don’t want to violate existing sanctions,” he said, “but they are allowed to under certain condition to do business with Iran, so we do consider it as an obligation on how to counsel them.” Along with some of Obama’s fellow Democrats, congressional Republicans unanimously opposed the deal announced in July in which Iran agreed to scale back its nuclear program in exchange for sanctions relief. Several lawmakers have been working on legislation since to keep tight controls on Iran, especially over its repeated ballistic missile tests since late last year. U.S. Representative Ed Royce, the Republican chairman of the House Foreign Affairs Committee, published a column in the Washington Post on Wednesday saying Obama was so eager to preserve a signature foreign policy agreement that he would consider measures that would let Iran “launder dollars while the administration looked the other way.” The issue is particularly potent in this U.S. election year, when Americans will pick a new president, and every member of the House and one-third of senators are up for re-election. The three remaining Republican presidential candidates have all vowed to tear up or back away from the nuclear deal, which Obama administration officials say would be calamitous. Rubio suspended his 2016 presidential campaign last month, and Kirk’s Senate re-election race is seen as one of this year’s most competitive. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: republicans offer bill block potential iran dollar usewashington reuters two republican senators oppose nuclear agreement iran introduced bill wednesday would keep iran gaining even indirect access financial system using dollars business transactions the measure introduced senators mark kirk marco rubio came amid media reports officials moving toward allowing transactions president barack obama denied plans the legislation would prohibit president issuing license conducting offshore dollar clearing system iranian transactions providing system dollars it also would impose secondary sanctions financial institution found participating offshore dollar clearing system iran state department spokesman mark tower acknowledged united states advising banks businesses conduct business tehran without running afoul authorities involve converting money dollars these banks want violate existing sanctions said allowed certain condition business iran consider obligation counsel along obama fellow democrats congressional republicans unanimously opposed deal announced july iran agreed scale back nuclear program exchange sanctions relief several lawmakers working legislation since keep tight controls iran especially repeated ballistic missile tests since late last year representative ed royce republican chairman house foreign affairs committee published column washington post wednesday saying obama eager preserve signature foreign policy agreement would consider measures would let iran lander dollars administration looked the issue particularly potent election year americans pick new president every member house senators the three remaining republican presidential candidates vowed tear back away nuclear deal obama administration officials say would calamitous rubio suspended presidential campaign last month kirk senate race seen one year competitive politicsnews