Top U.S. official: Iran not gaining access to U.S. financial system

April 5, 2016 8:32 PM

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Top U.S. official: Iran not gaining access to U.S. financial system

WASHINGTON A senior State Department official reassured concerned lawmakers on Tuesday that the Obama administration is not planning to allow Iran access to the U.S. financial system or use of the U.S. dollar for transactions.

"The rumors and news that have appeared in the press ... are not true," Under Secretary of State for Political Affairs Thomas Shannon told the Senate Foreign Relations Committee.

Also read: Extension of Iran Sanctions Act passes U.S. Congress

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