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Detailed text transcripts for TV channel - FOXNEWS - 20120517:16:08:00

iran if needed to stop iran from getting a nuclear weapon. ambassador dan shapiro saying not only is the military option on the table, but the plans are, indeed, ready. in the meantime, there s action on capitol hill to impose new economic sanctions on iran, and our chief congressional correspondent be, mike emanuel, has more on this. mike, what are the latest sanctions? reporter: well, jenna, essentially, these came out of the senate banking committee, passed by a bipartisan vote. but republicans say we want to broaden the sanctions, so some adjustments have been made. we expect majority leader harry reid to bring them to the floor. let s take a look at some of the key points. they are focused on foreign banks that handle transactions for iran s national oil and tanker companies. they target energy and uranium-mining joint ventures between countries and iran, outside of iran, and they strengthen sanctions against companies that engage in or support censorship in iran.

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