GOP senators seek to block proposal on Iran dollar rules

WASHINGTON (AP) — Two Republican senators opposed to the Iran nuclear deal are trying to block an Obama administration proposal that would ease rules on using U.S. dollars in trade transactions with Iran. Marco Rubio of Florida and Mark Kirk of Illinois introduced legislation on Wednesday that would bar the Treasury from permitting foreign banks to conduct foreign currency trades in U.S. dollars for transactions involving Iran. A copy of the bill was obtained by The Associated Press.

WASHINGTON (AP) — Two Republican senators opposed to the Iran nuclear deal are trying to block an Obama administration proposal that would ease rules on using U.S. dollars in trade transactions with Iran. Marco Rubio of Florida and Mark Kirk of Illinois introduced legislation on Wednesday that would bar the Treasury from permitting foreign banks to conduct foreign currency trades in U.S. dollars for transactions involving Iran. A copy of the bill was obtained by The Associated Press.…