The Biden Regime could approve a sanctions waiver on Tuesday that will allow Iran to access at least $10 billion in previously frozen funds held in Iraq, a closely watched decision that comes just a month after the Tehran-backed terror group Hamas launched an attack on Israel that left more than 1,200 dead, 240 hostages, and thousands more wounded.
Free Beacon This alarming development comes after the Biden administration — in the days before Iran-backed Hamas terrorists launched their October 7 slaughter of Israelis — unfroze billions of dollars for Iran as part of a questionable prisoner swap arrangement. Since that deal was made, Iranian proxies have continued to launch attacks at Israel as well as U.S. troops in the Middle East, wounding dozens of American service members.
The waiver would extend the multibillion-dollar sanctions relief first issued in July that expires tomorrow. It allows Iraq to transfer frozen electricity payments into Iranian-owned bank accounts in Europe and Oman. The waiver renewal is driving concerns that the Biden administration is maintaining financial avenues for Tehran as the country’s terrorist proxies foment chaos across the Middle East.
“The world is living in a post-Oct. 7 world, but the White House is still running an Oct. 6 policy toward Iran,” Richard Goldberg, a senior adviser at the Foundation for Defense of Democracies and sanctions expert who previously served on the White House National Security Council, told the Washington Free Beacon, referring to Hamas’s attack last month. “Why should Iran have any access to more than $10 billion after sponsoring one of the worst terrorist attacks against American citizens and the worst massacre of Jews since the Holocaust? It would make more sense to freeze all of these accounts and keep every penny out of Tehran’s hands.”
In testimony before Congress late last month, Goldberg advised Congress to lock down the $10 billion as punishment for Tehran’s role in supporting Hamas’s war on Israel. The Biden administration insists that, like the $6 billion held in Qatar, Iran can only use the $10 billion for non-sanctioned purposes. Critics argue that since money is fungible, the access allows Iran to free up cash in other places for illicit activities.
See how billionaire and trillionaire businesses; manufacturing corporations dictate USA foreign policy that even a dunder headed USA President will blindly obey so these companies can sell their products and services, making huge, huge profits, to an enemy nation that seeks to destroy us and to destroy Israel.
Joe Biden, a.k.a. Barack Hussein Barry Soetoro Obama, would hand Iran our ‘football’ with the nuclear codes if he could!
No way in hell is Biden going to get re elected Obama knows that he has a year left to do as much damage to this country and Israel as possible inside and out , the 8 billion will find his way to get it to his friend’s cash cargo air delivery world currency , expect any policy to slow down disrupt destroy our economy if favor of are enemy’s China , Iran … his allies
I do not know whether it is the dementia acting up, or this clown is a closet antisemite! At a time when we are witness to how Iranian funds go to promote terrorism against Israel, this guy is getting ready to release another tranche of funding! Unbelievable!