Thomas Shannon

US official says no access to US financial system for Iran

State Department Undersecretary for Political Affairs Thomas Shannon, Jr., testifies on Capitol Hill in Washington, Tuesday, April 5, 2016, before the Senate Foreign Relations Committee hearing on recent Iranian actions and implementation of the nuclear deal. (AP Photo/Andrew Harnik)WASHINGTON (AP) — Iran will not be given access to the U.S. financial system as part of the sanctions relief granted under the landmark nuclear deal, according to a senior Obama administration official who disputed reports that Tehran will be able to deal directly with U.S. banks.

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