(Worthy Insights) – 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.
The Biden-Harris administration has renewed the waiver repeatedly over the objections of congressional Republicans, who warned that the cash helped fuel terrorism and Iran’s war against Israel. In one case, the administration signed off on the sanctions relief one month after Hamas’s October 7 attack on Israel. [ Source (Read More…) ]