Referred to the House Committee on the Judiciary.
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Since 1996, the Foreign Sovereign Immunities Act (FSIA, 28 U.S.C. §§ 1602-11) has authorized U.S. courts to order designated state sponsors of terrorism—namely, Iran, North Korea, Cuba, and Syria and previously Libya, Iraq, and Sudan—to pay monetary damages to terrorism victims. Courts have since awarded billions of d…
The International Emergency Economic Powers Act (IEEPA) provides the President broad authority to regulate a variety of economic transactions following a declaration of national emergency. IEEPA, like the Trading with the Enemy Act (TWEA) from which it branched, sits at the center of the modern U.S. sanctions regime.…
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