U.S. House panel considers measures to block Boeing deal with Iran

[Yo_Mama_Been_Loggin]

Source: Puget Sound Business Journal

A panel of the U.S. House of Representatives is set to debate Thursday legislation that could block Boeing Co.'s agreement to sell jetliners to Iran.

The Financial Services subcommittee will consider three measures that could block the deal, Reuters reports. One would bar the U.S. Treasury from licensing the Boeing (NYSE: BA) deal, which was announced last month. Another would ban the Treasury secretary from authorizing U.S. financial institutions from making transactions for the export of aircraft, and the third would prohibit the Export-Import Bank from financing entities that do business with Iran.

A House aide told Reuters that the financial services committee is likely to approve the bills, although a vote has not yet been scheduled.

"I am extremely concerned that by relaxing the rules, the Obama administration has allowed U.S. companies to be complicit in weaponizing the Iranian regime," Rep. Bill Huizenga, chair of the Monetary Policy and Trade Subcommittee, said Wednesday in a statement.


Read more: http://www.bizjournals.com/seattle/news/2016/07/07/u-s-house-panel-considers-measures-to-block-boeing.html?ana=e_me_set1&s=newsletter&ed=2016-07-07&u=ColXVN5SPzQtLHFP87ho2w07857290&t=1467910124&j=74660682

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The GOP continues to be the party of no.

[seabeckind]

1. Can Boeing sue based on a loss of profits?

You know, like that Keystone pipeline thing?

And what happens when the source of much of Boeing's hardware is manufactured in another country?

Can the USA stop a transaction that deals with stuff that only gets inside the country in the corporate tally sheet?

[Always Randy]

2. By Jove---I've got it---

Boeing could sell the aircraft to Israel and through a broker sell them to Iran. Ollie North ----are you listening?

[Purveyor]

3. Airbus will be thrilled. eom