US Treasury chief says reviewing Iran's aircraft licenses
The US Treasury is reviewing licenses for Boeing Co and Airbus to sell aircraft to Iran, department head Steven Mnuchin said on Wednesday, telling lawmakers he would increase sanctions pressure on Iran, Syria and North Korea.
"We will use everything within our power to put additional sanctions on Iran, Syria and North Korea to protect American lives," Mnuchin said in testimony to the House Ways and Means Committee. "I can assure you that's a big focus of mine and I discuss it with the president."
Mnuchin did not elaborate on the review of the licenses, which were issued under a 2015 agreement between Tehran and world powers to lift sanctions in return for curbs on Iran's nuclear activities.
