U.S. lawmakers voted Tuesday to thwart efforts to fund Hezbollah by punishing banks and other financial organizations that help the funneling of money to the Lebanese Shiite militant group. The House of Representatives voted unanimously to broaden financial sector sanctions on Hezbollah and allow the U.S. Treasury more power to “relentlessly” pursue foreign banks, including central banks, that do business with the group that Washington designated a foreign terrorist organization in 1995.
The Senate would need to pass the legislation before President Barack Obama signs it into law. The bill has yet to be placed on the Senate calendar. “This bill builds on the existing sanctions regime by placing Hezbollah’s sources of financing under additional scrutiny, particularly those resources outside of Lebanon,” House Foreign Affairs Committee chairman Ed Royce said shortly before the vote. And the U.S. sanctions would help reduce Hezbollah’s global reach, he said.
Read more: Al-Arabiya