Republican senators ramp up pressure on Biden to re-freeze $6 billion Iran funds
Iran warns ‘preemptive action’ against Israel expected in coming hours by resistance frontDemocratic lawmakers last week that the US has a “quiet understanding” with Qatar — where the $6 billion is currently stashed — that the money “isn’t going anywhere anytime soon.”“We know that Iran bankrolls Hamas, and yet it is perplexing why this administration refuses to issue a formal decision to freeze the $6 billion,” Sen. Marsha Blackburn told reporters on Capitol Hill.
Biden administration officials, such as Secretary of State Antony Blinken and national security adviser Jake Sullivan, have insisted that not one penny of the $6 billion has been accessed by Iran so far. “Money is fungible for their malign activities,” Thune said Tuesday. “They are the number one sponsor of terrorism in the world today.”
“My bill is a comprehensive approach to wielding our economic sanctions tools against Iran by freezing the $6 billion and ensuring Congress has the information necessary to prevent Iran from accessing funds in the future,” Scott said in a statement.“We must be unequivocal that the United States will not back down and waive sanctions on frozen Iranian funds held by other nations.
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