Media Center

The treasury secretary would be required to report to Congress financial transactions related Iran's purchase of commercial passenger aircraft from U.S. manufacturers under a bill that the House of Representatives approved on Thursday.

Under the Obama administration's nuclear agreement with Iran, the Treasury Department's Office of Foreign Assets Control (OFAC) authorized U.S. aircraft manufacturers to begin negotiations with Iran in March 2016. Since then, OFAC has permitted the sale of more than 200 aircraft.

WASHINGTON—The Trump administration is advancing a strategy that could derail efforts by Boeing Co. and Airbus SE to sell hundreds of jetliners to Iranian airlines, U.S. officials said.

The two aerospace giants have lined up deals over the past 15 months that have been left in limbo as the White House reassessed its Iran policy and has threatened to walk away from an international nuclear deal if Congress and European partners don't address concerns, with only a handful of Airbus planes so far delivered.

The United States House of Representatives passed key legislation on Thursday which will prevent Iran from having access to aircraft and other military equipment.

Roger Williams, representative from Texas' 25th district, which includes Fort Hood, serves as the vice chairman of the Subcommittee on Monetary Policy and Trade. He introduced the Strengthening Oversight of Iran's Access to Finance Act, H.R. 4324. The bill passed the House of Representatives with a vote of 252-167.

The House passed legislation Thursday that would require Treasury Department officials to report to Congress on Iranian purchases of U.S. aircraft and how those sales are financed, and certify that they would not aid Iran's effort to distribute weapons.

The bill is another effort by lawmakers to highlight how U.S. sales of aircraft to Iran might boost the regime's terrorist activities in the Middle East. It passed 252-167 — all but four Republicans supported it, and they were joined by 23 Democrats.

Burleson has gained a third major food manufacturer and distributor. In addition to the roster of Chicken Express and McLane Classic Foods, Golden State Foods will set up house in High Point Business Park in a state-of-the-art, 200,000 square foot building.

Alex Philips, city of Burleson economic development manager, said there were many reasons Golden State chose Burleson.

"Because of our location on I-35, which runs from Mexico to Canada, as well as I-20, which runs from the east to west coast, it's an easy logistical place to call home," Philips said.