Update December 19, 2015

Dhaka 2-03 pm, 25-October, 2020

Obama to sign bill targeting Hezbollah financing

Sumel Sarker

WASHINGTON, DC - DECEMBER 03:  U.S. President Barack Obama delivers a statement to the news media after receiving a briefing from his national security team in the Oval Office at the White House December 3, 2015 in Washington, DC. Obama talked about Wednesday's mass shooting in San Bernardino, California, that left 14 people dead and 17 others injured.  (Photo by Chip Somodevilla/Getty Images)

Obama to sign bill targeting Hezbollah financing

19 December 2015, Nirapad News: US President Barack Obama will sign the Hezbollah International Financing Prevention Act of 2015 shortly after it passes through Congress on Wednesday.

A White House official said, reports The Jerusalem Post.

The law directs the president to prohibit foreign banks from conducting business with Hezbollah, and compels the Treasury Department to either ban or strictly sanction any financial institution that has facilitated transactions with the Lebanon militant group.

The White House worked closely with members of Congress to craft the bill, which earned overwhelming bipartisan support in both houses.

Visitor's Comment: ( The authorities are in no condition responsible for any comments of the reader)