June 10, 2021

Toomey Demands Biden Admin. Turn Over Documents on Iran Nuclear Agreement Reentry

Request Comes as the Administration Lifts Sanctions on Former Iranian Officials and Energy Firms

Washington, D.C. – U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) today wrote to Treasury Secretary Janet Yellen expressing grave concern over the Biden administration’s efforts to rejoin the Joint Comprehensive Plan of Action (JCPOA) and provide billions of dollars in sanctions relief to the world’s foremost state sponsor of terrorism, Iran.

Yesterday, Deputy Secretary of State Wendy Sherman confirmed the U.S. is set to resume talks in Vienna this weekend. Meanwhile, the International Atomic Energy Agency (IAEA) recently warned it is now impossible to confirm Iran is not seeking a nuclear weapon, as Tehran is refusing to explain the existence of nuclear material it hid during the original 2015 JCPOA negotiations.

In the letter, Ranking Member Toomey writes:

“In addition to arbitrary sunsets, Iranian nuclear material found by the International Atomic Energy Agency (IAEA) at multiple undeclared sites invalidates the very foundation of the accord, which was premised on full disclosure of Iran’s nuclear past and present.”

As Senator Toomey notes, reports indicate the Biden administration is preparing to lift restrictions on significant economic institutions, including the Central Bank of Iran and the National Iranian Oil Company, which have been designated as terrorism-supporting entities.

“Even former President Obama did not lift terrorism designations when signing the JCPOA. Meanwhile, since the beginning of the Biden administration, U.S. sanctions have been flagrantly violated by America’s strategic rival China, which has imported a record amount of Iranian oil.”

Senator Toomey demanded that Treasury turn over a number of related documents before any deal is reached, but no later than June 25, 2021.

To read the full letter, click here.