WASHINGTON, Sept. 23 -- The Senate Committee on Banking, Housing & Urban Affairs issued the following news release:
U.S. Senators Chris Coons (D-Del.), Elizabeth Warren (D-Mass.), Ron Wyden (D-Ore.), and Ruben Gallego (D-Ariz.) today introduced legislation to impose targeted sanctions on companies, individuals, and other entities that facilitate the development of Israeli settlements in the E1 area of the West Bank.
Last year, Israel approved construction of more than 3,000 housing units in the E1 area of the West Bank. In recent weeks, Israel announced tenders to allow companies to bid for construction of these settlements. If completed, these units could sever the West Bank in two, gravely threatening the viability of a future Palestini...