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Biden Gave Iran $10 Billion in Sanctions Relief Days After Trump Won Election
Breitbart ^ | 12/10/2024 | Joel B. Pollak

Posted on 12/10/2024 6:25:52 AM PST by ChicagoConservative27

The outgoing Biden-Harris administration gave Iran $10 billion in sanctions relief just days after Donald Trump won the 2024 presidential election, despite Iran’s ongoing attacks against Israel and support for terrorist organizations.

The Washington Free Beacon reported:

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.

Though the first Trump administration did green-light the same waiver—causing tension with some congressional Republicans—it narrowly tailored the waiver to restrict Iranian access to the cash. The Biden State Department tweaked the waiver last year to allow Tehran to convert the funds from Iraqi dinars to euros, then hold those euros in bank accounts based in Oman. Access to a widely traded currency like the euro enables Iran to more easily spend the cash in international markets. Under the first Trump administration, Iran had to keep the cash in an escrow account in Baghdad, making it more difficult to access.

The Biden State Department maintains that Iran is only permitted to use the funds for humanitarian needs, including medicines and other supplies. Republican critics argue that money is fungible, meaning that Tehran will have an easier time diverting its dwindling cash reserves to its regional terror proxies, such as Hamas, Hezbollah, and the Houthi rebels in Yemen, should it have access to the sanctioned cash for other purposes.

(Excerpt) Read more at breitbart.com ...


TOPICS: Culture/Society; Foreign Affairs; Gaza; Government; Hamas; Hezbollah; Iran; Israel; Lebanon; War on Terror; Yemen; Your Opinion/Questions
KEYWORDS: antonyblinken; ayatollahkhamenei; baghdad; biden; bidenbois4ww3; bidencrimefamily; breitbart; corruption; dirtydems; election; gaza; hamas; hezbollah; houthi; iran; iraq; irgc; israel; jihadjoe; joelbpollack; joelpollack; lebanon; masoudpezeshkian; oman; qatar; qudsforce; relief; sanctions; trump; waronterror; won; yemen
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Obozo or Valerie Jarret gave Iran sanctions relief.. Diaper head does not know if its Tuesday or December
1 posted on 12/10/2024 6:25:52 AM PST by ChicagoConservative27
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To: ChicagoConservative27

Exactly. Biden didn’t do anything but sign a doc.

I, among others, would certainly like to know who DID give them $10B in ‘relief’...


2 posted on 12/10/2024 6:28:52 AM PST by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: ChicagoConservative27

Which raises the point about who the “deep state” backs, among the players in the latest Syrian complication.

- you have some pro-Russian types that say it was all fixed by the CIA, and of course it all was a disaster for Iran.

- you have this, where Biden, a definite creature of the “deep state” showing genuine love for Iran - $22 Billion demonstrates quite sincere love I think.

So which is it?


3 posted on 12/10/2024 6:32:26 AM PST by buwaya (Strategic imperatives )
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To: ChicagoConservative27

Biden’s supporting, financing, protecting the Iranian terrorist regime and its nuclear bomb project is nothing short of open treason against the USA he’s sworn to defend. Especially since the Iranian dictators have repeatedly stated their plan to destroy USA first and foremost, before they turn their nukes against the Middle East and Europe

Nuking USA is what the Iranian ICBM project is for. They don’t need ICBM’s up nuke their neighboring nations. Only to bomb America.


4 posted on 12/10/2024 6:33:01 AM PST by faithhopecharity ("Politicians aren't born, they're excreted." Marcus Tullius Cicero (106 to 43 BCE))
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To: buwaya

Ok, $10 Billion, but thats still enough to demonstrate sincere love.


5 posted on 12/10/2024 6:33:39 AM PST by buwaya (Strategic imperatives )
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
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... Under the first Trump administration, Iran had to keep the cash in an escrow account in Baghdad, making it more difficult to access... money is fungible, meaning that Tehran will have an easier time diverting its dwindling cash reserves to its regional terror proxies, such as Hamas, Hezbollah, and the Houthi rebels in Yemen, should it have access to the sanctioned cash for other purposes.

6 posted on 12/10/2024 6:37:01 AM PST by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: buwaya

It could be FedGov vs. FedGov.

After all it’s seemingly a leaderless blob.

There was some story about CIA backed militants battling Pentagon backed militants at one time.


7 posted on 12/10/2024 6:38:02 AM PST by packagingguy
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To: ChicagoConservative27

Question.....when will Brandon pardon himself?


8 posted on 12/10/2024 6:38:38 AM PST by Churchillspirit (Pray for President Trump)
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To: ChicagoConservative27; SunkenCiv
The outgoing Biden-Harris administration gave Iran $10 billion in sanctions relief just days after Donald Trump won the 2024 presidential election, despite Iran’s ongoing attacks against Israel and support for terrorist organizations.

There's something evil about Biden...

9 posted on 12/10/2024 6:50:20 AM PST by GOPJ (Will Lara Trump become the first woman President of the United States? She'd be great....)
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To: Churchillspirit

Stay tuned


10 posted on 12/10/2024 6:50:58 AM PST by Blue Highway
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To: ChicagoConservative27

I realize what I thought I knew about our government just wasn’t true, I honestly thought such a thing (giving 10Bln dollars to a terrorist state) was impossible, but now I know it’s de rigueur for the outgoing Biden administration


11 posted on 12/10/2024 6:53:45 AM PST by The Louiswu (Pray for Peace in the world.)
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To: logi_cal869

Is someone getting paid off?


12 posted on 12/10/2024 6:56:31 AM PST by The_Media_never_lie ( @whoisourPresident)
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To: ChicagoConservative27
Where is Congress? Where does Biden get this bottomless pit of money? Who authorized this?

Where in the Constitution does it give the president billions of dollars in walking around money?

13 posted on 12/10/2024 6:57:28 AM PST by Governor Dinwiddie ( O give thanks unto the Lord, for He is gracious, and His mercy endureth forever. — Psalm 106)
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To: ChicagoConservative27

Somebody should be going to jail for treason.


14 posted on 12/10/2024 7:00:51 AM PST by econjack
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To: ChicagoConservative27
Diaper head does not know if its Tuesday or December

Good one!

Reminds me of a semi-deaf joke: Three old geezers were walking along and one says, "It's windy today". The second one says, "No, no. It's Thursday". And the third one says, "Me too. Let's have a beer".

15 posted on 12/10/2024 7:03:17 AM PST by libertylover (Our biggest problem, by far, is that almost all of big media is AGENDA-DRIVEN, not-truth driven.)
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To: libertylover

HA


16 posted on 12/10/2024 7:05:48 AM PST by ChicagoConservative27
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To: econjack
Somebody should be going to jail for treason.

More than somebody...

17 posted on 12/10/2024 7:08:26 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: ChicagoConservative27

biden was following orders from the ones who were pulling his strings.


18 posted on 12/10/2024 7:08:36 AM PST by I want the USA back (Voltaire: To learn who rules over you, simply find out who you are not allowed to criticize.)
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To: Governor Dinwiddie

Its not US money. Its permission to Iraq to pay Iran for electricity, because that was blocked by US sanctions. So Biden waived the sanctions. Which he can do.

The US has accumulated, over the years, all sorts of points of leverage. Like for instance another sanctions waiver, that Biden gave Germany in 2021, permitting Russian gas exports via Nordstream II.


19 posted on 12/10/2024 7:08:48 AM PST by buwaya (Strategic imperatives )
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To: ChicagoConservative27

How’s the NC relief plan going? Voters were sick about OUR money not going to improve American lives.


20 posted on 12/10/2024 7:23:38 AM PST by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!)
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