June 18, 2024

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$10 Billion More for Iran

1 min read

After the Oct. 7 rampage by Hamas, which is armed and funded by Iran, many Americans wanted to know: Would President Biden still release $6 billion to Tehran? All six Senate Democrats up for re-election in competitive states joined Republicans in calling on the President to freeze the money.

Under pressure, the White House relented, signaling that it will block the $6 billion—for now—but evidently not because it has changed its mind on the wisdom of financing Iran. On Tuesday the State Department reissued a sanctions waiver that gives Iran access to more than $10 billion.

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2023-11-16 18:48:00

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