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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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To: leaning conservative

Biden is a fatuous idiot, but in this case its not US money, it is Iraqi payments due Iran but held up by sanctions.


21 posted on 12/10/2024 7:35:08 AM PST by buwaya (Strategic imperatives )
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To: ChicagoConservative27

Why is giving $10 Billion to your enemy not a Treasonous act? Especially as a lame duck President


22 posted on 12/10/2024 7:37:58 AM PST by oil_dude
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To: ChicagoConservative27

“”Biden Gave Iran $10 Billion in Sanctions Relief Days After Trump Won Election””

The Hussein/Biden Crime Syndicate funneled More Billions to Themselves while giving Iran Some Sanctions Relief Days After Trump Won Election

There, fixed it.


23 posted on 12/10/2024 7:39:45 AM PST by Ronaldus Magnus III (Do, or do not, there is no try)
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To: buwaya

Thank you. It appears I’m a willing victim of not reading the article 🤣🤣🤣


24 posted on 12/10/2024 8:10:50 AM PST by leaning conservative (snow coming, school cancelled, yayyyyyyyyy!!!!!!)
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To: GOPJ

This is what happens when you have the most corrupt and compromised president in American history in office. He sends billion’s to our enemies.


25 posted on 12/10/2024 8:22:02 AM PST by Rdct29 (The Democrats Are The New Nazi Party )
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To: Governor Dinwiddie

Nancy walked the check over for him to sign. That’s where Congress is.


26 posted on 12/10/2024 8:31:59 AM PST by bgill
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To: Governor Dinwiddie

Gee, that’s a goof question.


27 posted on 12/10/2024 8:53:51 AM PST by OKSooner (Nucular combat, toe to toe with the Rooskies! )
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To: Governor Dinwiddie

Good question.


28 posted on 12/10/2024 8:58:19 AM PST by OKSooner (Nucular combat, toe to toe with the Rooskies! )
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To: The_Media_never_lie

Sounds treasonous to me


29 posted on 12/10/2024 9:35:38 AM PST by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: logi_cal869

Sounds treasonous to me

______________

I know these democrats and I doubt they were traitors for free. Probably the lifting of sanctions is the result of lobbying. Or, influence peddling, to be precise.


30 posted on 12/10/2024 10:39:14 AM PST by The_Media_never_lie ( @whoisourPresident)
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To: ChicagoConservative27

fjb is doing nothing. You are correct, obozo and jarret are pulling the strings to make mayhem as much and as fast as they can before their time ends. It should end with prejudice.


31 posted on 12/10/2024 10:49:53 AM PST by Sequoyah101 (Donald John Trump. First man to be Elected to the Presidency THREE times since FDR.)
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