Foster Legislation to Sanction Iranian Drone Sales Signed into Law

Washington, D.C. - Today, Congressman Bill Foster (D-IL) issued the following statement after his legislation to institute U.S. sanctions on any financial institution that helps facilitate the sale of Iranian-built drones, or “unmanned aerial vehicles” (UAVs), was signed into law as part of the $95.3 billion foreign aid package:

“Iran’s support of terrorist organizations like Hamas, Hezbollah, and the Houthis, and of state aggressors like Russia has been a destabilizing force around the world for far too long. Iran’s recent use of UAVs to attack Israel demonstrates the need for strong sanctions that would make it harder for Iran to equip terrorist groups with deadly drones that can be used to target U.S. service members or our allies,” said Foster. “This legislation will cut off resources to Iran’s UAV manufacturers and hold the financial institutions that help our adversaries acquire these drones accountable, and I’m proud it was signed into law by President Biden.”

Text of the legislation is available here. A clip of Foster speaking about the legislation on the House Floor can be found here. 

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