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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.
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 Houthi rebels attacked global commercial shipping through the Red Sea and have launched ballistic missiles at Israeli population centers. Biden delisted the Iranian-backed rebels as a terrorist group upon taking office in 2021.on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET . He is the author ofThe Trumpian Virtues: The Lessons and Legacy of Donald Trump’s Presidency
, now available on Audible. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter atDaniel Penny Found Not Guilty in NYC Subway Chokehold CaseSix Ways DOGE Can Take a Bite Out of Government WasteBloomberg News: Staffing Firm Discriminated Against U.S. Graduates
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