Iran: New U.S. Sanctions Target IRGC Funding

The United States has already begun increasing pressure on Iran over its regional activities. On May 15, the U.S. Treasury Department issued sanctions on the governor of the Iran's central bank, Valiollah Seif, and labeled him a specially designated global terrorist under Executive Order 13224. These sanctions target Seif, along with three other individuals and the Iraq-based Al Bilad Islamic Bank, for allegedly financing Lebanese militant group Hezbollah on the behalf of the Islamic Revolutionary Guard Corps' (IRGC) Quds Force, which is responsible for all of the group's activities outside Iran....