“Biden-Harris administration has renewed the Iran waiver repeatedly over the objections of congressional Republicans, who warned that the cash helped fuel terrorism”

FREE BEACON
Days After Trump’s Victory, Biden-Harris Admin Granted Iran $10 Billion in Sanctions Relief, Congressional Notice Shows
Adam Kredo
December 10, 2024

The Biden-Harris administration waived sanctions on Iran three days after the November election, providing Tehran access upward of $10 billion in once-frozen funds, according to a copy of the non-public order transmitted to Congress and reviewed by the Washington Free Beacon. Secretary of State Antony Blinken determined on November 8 that “it is in the national security interest of the United States” to waive mandatory economic sanctions that bar Iraq from transferring upward of $10 billion to Iran in electricity import payments…In one case, the administration signed off on the sanctions relief one month after [the Iran-financed] Hamas’s October 7 attack on Israel. READ MORE

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