Lawmaker Calls for Sanctioning Iraqi Bank for Houthi Ties

Rep. Joe Wilson, R-S.C., urged the Treasury Department Aug. 14 to sanction Iraq’s Al-Rafidain Bank for reportedly processing payments for the Yemen-based Houthis, which the U.S. redesignated a Foreign Terrorist Organization in March (see 2503040008). Treasury had no immediate comment on Wilson’s proposal, which he posted on X. Wilson, a senior member of the House Foreign Affairs Committee, encouraged the Trump administration in May to sanction the bank for supporting Iran (see 2506040005).