Reps. Michelle Steel (R-CA) and Susie Lee (D-NV) led eight of their House colleagues to introduce the Solidify Iran Sanctions Act (SISA), to make the sanctions established by the Iran Sanctions Act of 1996 permanent. The bill is a companion to Senate legislation introduced by Sens. Tim Scott (R-SC), Maggie …continue reading
Following the rapidly evolving situation in Ukraine and Russia, DFPI Commissioner Cloey Hewlett issued a guidance to banks, credit unions, money transmitters, and others on March 4 reminding financial institutions to follow state and federal regulations and be mindful of an elevated cybersecurity risk. All financial institutions licensed by the …continue reading
The Russian Federation led by its authoritarian oligarchs have launched an unprovoked invasion of Ukraine. Civilians have been killed and hospitals have been bombed. Fighting is happening inside the Chernobyl Exclusion Zone that could lead to nuclear contamination of Ukraine and Europe. We call upon Congress and the Biden Administration …continue reading
Congressman Alan Lowenthal (CA-47) and Congressman Steve Chabot (OH-01), co-chairs of the Congressional Cambodia Caucus, applauded the bipartisan passage of legislation which will enact sanctions on Cambodian government officials responsible for undermining democracy in the Southeast Asian nation. Entitled the Cambodian Democracy Act of 2019, H.R.526 would freeze all assets …continue reading