An exchange shop displays rates for various currencies in downtown Tehran, Iran.
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A battle is brewing between the Trump administration and some of the president's biggest supporters in Congress who are concerned that sanctions to be reimposed on Iran early next month won't be tough enough. As President Donald Trump prepares to reimpose a second batch of Iran sanctions that had been eased under the 2015 nuclear deal, conservative lawmakers and outside advisers have become worried that the administration may break a promise to exert "maximum pressure" on Iran. The self-described Iran hawks are concerned enough that they have drafted legislation that would require the administration to demand that Iran be suspended from the international bank transfer system known as SWIFT.The Nov. 5 sanctions cover Iran's banking and energy sectors and will reinstate penalties for countries and companies in Europe, Asia and elsewhere that do not halt Iranian oil imports. They could also include measures to force Iran out of SWIFT.Cruz's legislation, however, would authorize the administration to hit all of Iran's banks with sanctions and require it to act against SWIFT if it connects any Iranian bank under sanctions to its system, according to a copy seen by the AP.
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