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Tim Scott presses Yellen for overdue Iran report

Tim Scott presses Janet Yellen for overdue Iran report

First in The Vault: Sen. Tim Scott (R-S.C.) dinged Treasury Secretary Janet Yellen in a new letter for failing to produce a report expected to detail Iranian assets affected by U.S. sanctions.

The report, originally due May 24, was mandated as part of the national security supplemental package cleared by the Senate in late April.

Here’s a key excerpt from Scott:

Elsewhere in the letter, Scott’s impatience is palpable. “It is my understanding that a fulsome report has been drafted,” the Senate Banking Committee’s top Republican wrote. “However, staff level conversations have not resulted in even an estimate of when this report can be expected.”

The Treasury Department declined to comment on the letter and report.

Read the full letter here.

— Brendan Pedersen

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