Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Iran deal's foes in U.S. Congress may be its unlikely saviors

Published 10/12/2017, 02:06 PM
Updated 10/12/2017, 02:06 PM
© Reuters. U.S. President Donald Trump addresses Joint Session of Congress

By Patricia Zengerle

WASHINGTON (Reuters) - Republicans in the U.S. Congress, long the staunchest opponents of the Iran nuclear deal, may be the best hope for preserving it if President Donald Trump declines on Friday to certify that Tehran is complying with the pact.

Every Republican in Congress opposed the international accord reached under Democratic former President Barack Obama two years ago. Joined by several Democrats, they nearly passed legislation to kill the deal in which Iran agreed to curb its disputed nuclear program in exchange for sanctions relief.

However, with the agreement in place and strongly supported by co-signers Britain, France, Germany, Russia and China, many Republicans who still abhor the pact nevertheless do not want to blow it up for fear that doing so would erode U.S. credibility. They want to find other ways to clamp down on Tehran.

Meeting with officials from the Trump and Obama administrations, European diplomats and among themselves, they have been preparing strategies to save it, including pushing for tougher inspections, changing the law requiring Trump to certify Tehran's compliance and setting new sanctions over Iran's non-nuclear activities.

"As flawed as the deal is, I believe we must enforce the hell out of it," Representative Ed Royce, the Republican chairman of the House Foreign Affairs Committee, said on Wednesday.

On Friday, Trump is expected to unveil a broad strategy for Iran, including announcing that he will decertify the agreement ahead of an Oct. 15 deadline, although he could always change his mind.

If the Republican president goes ahead, that would open a 60-day window in which Congress could reimpose sanctions, a step toward an unraveling of the deal.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

PRESSURE ON REPUBLICAN LAWMAKERS

However, Trump is not expected to call on lawmakers to revive those sanctions. If he stops short of recommending that, it gives Republicans room to stand pat for now.

Daniel Kurtzer, a former U.S. ambassador to Israel who is now a professor at Princeton University, said the political pressure could be intense. "There will be an onslaught of phone calls and letters and visits to senators to 'do something' about Iran," he said.

Israeli Prime Minister Benjamin Netanyahu has urged Washington to either fix the Iran deal or "nix it."

On Wednesday, H.R. McMaster, Trump's national security adviser, discussed Iran with the Republican chairmen of House of Representatives national security committees. On Thursday, intelligence officials scheduled a classified briefing for members of the House Foreign Affairs Committee.

Senate Foreign Relations Committee Chairman Bob Corker, a key player in the Iran debate, has suggested changing the Iran Review Act he co-authored to eliminate the requirement that Trump recertify Iran's compliance with the deal every 90 days, several congressional sources said.

Trump, who pledged during his campaign to rip up the Iran deal, has recertified it twice since taking office in January and hates having to do so.

A Twitter feud that erupted this week between Trump and Corker could complicate the efforts by the influential Republican to broker a deal that would likely require both Democratic and Republican support.

"Congress and the administration need to be on the same page, and a major breakdown in the working relationship between one of the very few key Republicans on the Hill who works with Democrats and the president on Iran policy bodes very poorly," said Elizabeth Rosenberg, a former Treasury Department official now at the Center for a New American Security.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

To win over some conservative Republicans and Iran hawks, Corker and other leaders are considering proposing sanctions on Iran's non-nuclear activities and broader inspections, particularly of Iranian military facilities.

On Thursday, the House Foreign Affairs Committee approved sanctions targeting Iran's ballistic missiles development. It could come up for a vote in the full House well before the end of the 60 days Congress has to react to Trump's announcement.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.