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New proposal would add fewer flights at Reagan National than originally proposed

A new compromise proposal under consideration in Congress would add more flights at Reagan National Airport — but far fewer than originally proposed.

The compromise amendment from Rep. Burgess Owens, R-Utah, calls for adding seven round-trip flights at the airport, instead of the 28 that some lawmakers had previously proposed.

Owens argues that current restrictions on the number of flights at the airport stifle competition.

“Each carrier will win an additional route. The biggest winner though, will be the American consumer,” he said during a House Rules Committee meeting Monday night.

Adding flights will give consumers the “best price, best value, best convenience,” Owens said.

Owens later spoke in favor of his amendment on Tuesday, with lawmakers from Georgia and Texas.

Rep. Veronica Escobar, D-Texas, said she supports the amendment because many federal workers and military personnel in her El Paso district need to travel to D.C.

She noted that right now, the closest airport to her district with a direct flight to Washington is 600 miles away.

“That is unacceptable. It has been unacceptable to my constituents and to all of those who work for the federal government on our behalf,” she said.

The amendment is being taken up as the House considers the FAA reauthorization legislation.

Virginia and Maryland lawmakers have argued against expanding the number of flights at the airport, saying they would add to delays and frustrations for fliers.

Owens said he hopes to get his amendment approved in the House and will work on its behalf when the Senate considers the FAA bill.

US issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran

WASHINGTON (AP) — The U.S. Treasury announced Friday it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government. The actions against Golden Global Yatirim Bankasi Anonim Sirketi come nearly a week after Treasury Secretary Scott Bessent announced “Operation Economic Outcast, ” Washington’s new effort to get Tehran to capitulate to its demands after more than six months of war. The department accused the bank and its entities of being established to enable Iran's efforts to transfer oil revenues from China to Turkey, where they could then be converted to cash and gold. It also said the institution “knowingly offered” banking services to Iranian financial entities, including those already sanctioned by the U.S. government in 2022 for funneling Tehran's oil sales. In a press release, Bessent said that financial institutions with ties to Iran will “continue to find out the hard way that we are serious about Operation Economic Outcast.”
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