Senate Majority Leader Harry ReidHarry ReidThis week: Congress awaits Comey testimony Will Republicans grow a spine and restore democracy? Racial representation: A solution to inequality in the People’s House MORE (D-Nev.) just praised a bill pushed by Barack ObamaBarack ObamaHealthcare saga shaping GOP approach to tax bill Is a wave election forming for Democrats? Voting advocates notch win at Supreme Court MORE to put more pressure on Iran.

The bill, proposed last year by Obama and Rep. Barney Frank (D-Mass.) and then-Rep. Tom Lantos (D-Calif.), seeks to make it easier for U.S. investors to divest themselves from assets controlled by companies tied to Iran.

Reid said the bill would "place severe costs" on the Islamic state.

"More senators should join this," Reid said.

He did not mention Hillary ClintonHillary Rodham ClintonTrump approval falls 4 points in new survey Voting advocates notch win at Supreme Court House Democrats expand 2018 targets MORE in the Iran portion of his address.