For Mr. Obama, a take care of Iran is likely one of the only major planks in his foreign-policy agenda that is nonetheless within reach. And unlike the 2 different efforts the administration is pursuing this week - a ceasefire between Israel and Hamas and a brand new coordinated package deal of U.S. and European sanctions in opposition mena investment to Russia over its intervention in Ukraine - the Iran negotiations are a uncommon place where Mr. Obama is shaping occasions rather than reacting to them. Contained in the White House the Iran challenge is treated as a coveted part of Mr. Obama's would-be presidential legacy.
And he's burned home political capital to keep Iran talks going by holding off members of his own political occasion who need further sanctions towards Tehran. White House press secretary Josh Earnest told reporters Tuesday that Mr. Obama will determine on a path ahead in coming days, after discussing the difficulty with Secretary of State John Kerry, who's stated talks in Vienna had made progress but important gaps stay, and consulting lawmakers in Congress. KPERS could be required to inform those firms of the move, and if the companies didn't divest from Iran voluntarily, KPERS can be pressured to promote their stock within 12 months.
Scott Schwab of Olathe, who sponsored the invoice within the Pensions and Advantages Committee, mentioned it would keep Kansas public workers from unwittingly contributing to Iran's economy and scale back the pension fund's investment danger ought to relations with Iran deteriorate. You are additionally defending our assets as a result of if we do go to battle with Iran — I imagine that day will come, I feel there will probably be a day that we go to struggle with Iran — they're not going to gobble up our sources,” Schwab mentioned.
Schwab referred to as the letter a strong move stated divesting the state pension fund from Iran would signal Washington where Kansas stands on the nation's relationship to Israel and Iran. This would send a message to Washington and even to the White House saying, ‘Look, we're going to defend our allies and we're not going to spend money on those who try to do hurt to them or us,'” Schwab said. John Edmonds from Nice Bend, who previously served on KPERS' board, mentioned he was uncomfortable with including political considerations to the funds' investment choices. The House International Affairs Committee marked up the weaker” of the two payments, H.R. 957, in mid-February.
And unlike the two different efforts the administration is pursuing this week - a ceasefire between Israel and Hamas and a brand new coordinated bundle of U.S. and European sanctions in opposition to Russia over its intervention in Ukraine - the Iran negotiations are a uncommon place where Mr. Obama is shaping events slightly than reacting to them. Contained in the White House the Iran difficulty is treated as a coveted a part of Mr. Obama's would-be presidential legacy.
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