This is about sanctions.NPR Dec 2011
The powerful pro-Israel lobby and a leading Jewish advocacy group on Wednesday endorsed tough sanctions on Iran's Central Bank as Congress wrestles with an Obama administration plea to ease the impact of the penalties to avoid driving up oil prices. In a letter to lawmakers, the American Israel Public Affairs Committee said the sanctions would contribute to the U.S. effort to pressure Tehran economically and could dissuade Iran from pursuing a nuclear weapon. Separately, the American Jewish Committee wrote to Defense Secretary Leon Panetta backing the penalties that would target foreign financial institutions that do business with the Central Bank. Last week, the Senate voted 100-0 for an amendment by Sens. Mark Kirk, R-Ill., and Bob Menendez, D-N.J., to add the sanctions to a broad defense bill. House and Senate negotiators are meeting this week to try to iron out the differences between their respective bills and produce a final version of the legislation for President Barack Obama's signature.
Menendez said their opposition undermined a compromise he struck with Sen. Mark Kirk (R-Ill.) on legislation that was eventually passed in the Senate by a vote of 100-0. The White House countered that the Kirk-Menendez amendment could actually help the Iranian economy if foreign banks resisted American unilateral efforts. This week Menendez stood by his approach on sanctions, which he developed in consultation with the American Israel Public Affairs Committee.
TFA"I don't think anybody thinks we can contravene the laws of supply and demand any more than we can contravene the laws of gravity," said David S. Cohen, who, as treasury under secretary for terrorism and financial intelligence, oversees the administration of the sanctions.David S. Cohen. From his member page on group established by AIPAC in the 1980's, WINEP:
is the assistant treasury secretary for terrorist financing. In this role, he is responsible for formulating and coordinating the Treasury Department's counterterrorism financing and anti-money-laundering efforts.