Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Politics

GOP senators ramp up push to refreeze $6B in Iranian funds: ‘Hamas is just the puppet’

by October 18, 2023
October 18, 2023
GOP senators ramp up push to refreeze $6B in Iranian funds: ‘Hamas is just the puppet’

Calls from Capitol Hill lawmakers to freeze the $6 billion in Iranian funds reached through controversial negotiations increased this week. 

Nearly 20 GOP senators are calling on the Biden administration to freeze the funds that were released to a Qatar account in exchange for five American prisoners last month. 

Sen. Marsha Blackburn, R-Tenn., led a group of GOP senators on Tuesday, urging the administration to ‘limit Iran’s ability to provide support to Hamas.’ 

She blamed President Biden for sending Palestine over $730 million in aid since taking office through the United Nations Relief and Works Agency for Palestine Refugees. 

‘And yesterday, we learned Hamas stole aid from that group,’ Blackburn said. ‘I’ll be introducing legislation to halt all funding for them until Iran is expelled from the UN and investigated for violations.’

‘We must permanently freeze the $6 billion ransom payment to Iran,’ she added. ‘We must halt taxpayer dollars going to the Palestinians, and we must secure our own southern border, and we must stand with Israel.’

Meanwhile, Sens. Tom Cotton, R-Ark.; John Kennedy, R-La.; and Minority Leader Mitch McConnell, R-Ky., linked arms to introduce legislation to also freeze the assets. 

The bill — which senators are seeking a unanimous vote to pass — states ‘any statutory sanctions imposed with respect to Iran… that were waived, suspended, reduced or otherwise relieved pursuant to an agreement between the United States and the Islamic Republic of Iran… are hereby reinstated.’ 

‘We have reams, reams of evidence that the regime that chants ‘death to America’ and ‘death to Israel’ puts its money where its mouth is,’ McConnell said on the floor Tuesday morning.

Sen. Roger Marshall, R-Kan., is also seeking to block the $6 billion in a bill he introduced Tuesday, which revokes the waiver granted by the Biden administration to release the frozen Iranian funds.

In September, the Biden administration announced it reached an agreement with Iran in which Iran would release five American citizens in return for the Biden administration issuing a waiver for international banks to transfer $6 billion in frozen Iranian money from South Korea to Qatar without fear of U.S. sanctions. Marshall’s bill seeks to revoke the waiver.

‘Hamas is just the puppet, doing the dirty work of the puppet master — Iran,’ Marshall said in a statement to Fox News Digital. ‘Blood is on Iran’s hands, their fingerprints are all over this attack.’

Sen. Tim Scott, R-S.C., and ranking member of the Senate Banking Committee, also unveiled his legislation on Tuesday. Scott is seeking unanimous consent on his bill, which would handicap the Treasury and State departments to relax U.S. sanctions on Iranian assets. 

The U.S. has a ‘quiet agreement’ with Qatar to block Iran from accessing the $6 billion in humanitarian aid amid Hamas’ terror attacks on Israel, sources familiar with the move told Fox News last week.

Deputy Treasury Secretary Wally Adeyemo met with House Democrats on Thursday. Sources familiar with the meeting told Fox News that Adeyemo told lawmakers that the U.S. has a quiet agreement with Qatar not to move any of the $6 billion in unfrozen money to Iran for an indefinite period.

A source present in the room told Fox News Digital that Adeyemo told congressional Democrats in that meeting that the U.S. has reached ‘quiet understanding’ with Qatar not to move the money.

Over in the House, China Committee Chairman Mike Gallagher, R-Wis., led a bipartisan group of nearly 100 House lawmakers last Wednesday to urge President Biden to refreeze the $6 billion as well. 

At least 1,400 have been killed in Israel and thousands wounded since Hamas launched a brutal surprise attack on the nation on Oct. 7.

Fox News’ Brooke Singman contributed to this report. 

Jamie Joseph is a writer who covers politics. She leads Fox News Digital coverage of the Senate. 

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Why Nevada Could be the Next Lithium Frontier
next post
Bernie Sanders says blast at Palestinian hospital an ‘unspeakable crime’ as IDF, Hamas trade blame

Related Posts

Trump wins big by letting Biden be Biden

June 28, 2024

What are the chances of a government shutdown?

August 28, 2023

Congress weighs ban on government contracts for ‘adversarial...

November 8, 2023

US forces attacked at least 160 times in...

January 30, 2024

Vivek Ramaswamy says ‘no better plan’ than McCarthy...

October 5, 2023

Fetterman wears casual shorts to Senate for meeting...

September 22, 2023

Biden’s Ukraine funding request triggers House showdown: ‘Shoveling...

August 10, 2023

Fetterman cites own ‘difficult’ debate in arguing Biden...

July 1, 2024

Ukraine’s spy chief says attacks on Russian-occupied Crimea...

January 14, 2024

Johnson says House will consider border bill alongside...

April 18, 2024

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Five-foot Toy Story 3 bear draws the crowds at Costco’s first store in ‘China’s Silicon Valley’

      January 15, 2024
    • 3

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 4

      New York Dem backtracks after calling for Trump to be ‘eliminated’

      November 21, 2023
    • 5

      Multiple New Multi-Commodity Targets

      May 12, 2025
    • 6

      Acceleration of RAD204 Phase 1 dose escalation trial

      May 12, 2025
    • 7

      Top 10 Oil-producing Countries (Updated 2023)

      August 24, 2023

    Categories

    • Business (1,004)
    • Investing (2,012)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,305)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved