Opening Statement by Senator Charles Schumer Before the Senate Committee on Banking, Housing and Urban Affairs: Minimizing Potential Threats from Iran: Administration Perspectives on Economic Sanctions and Other U.S. Policy Options

October 6, 2009

Weapon Program: 

  • Nuclear

Related Country: 

  • Iran

Mr. Chairman, I would like to thank you for calling this hearing, and I commend you for putting forth a comprehensive plan to arm the administration with the tools they need to put a stop to Iran’s rogue nuclear program. 

I believe that when it comes to Iran, we should never take the military option off the table. 

But I have long argued that economic sanctions are the preferred and probably most effective way to choke Iran’s nuclear ambitions.