Rep. Mike Gallagher leads a bipartisan group of House lawmakers in urging President Biden to refreeze $6 billion in Iranian assets amid the deadly Hamas terrorist attacks on Israel.
EXCLUSIVE: House China Committee Chairman Mike Gallagher led a bipartisan group of nearly 100 House lawmakers on Wednesday to urge President Biden to refreeze the $6 billion in Iranian assets released last month in light of the deadly Hamas terrorist war on Israel. Gallagher, R-Wis., led a group of 96 House Republicans and two House Democrats, Reps. Donald Davis, D-N.C., and Ruben Gallego, D-Ariz., in sending a letter to Biden.
Denying the terrorist-sponsoring regime in Tehran access to funds with which it can export chaos is an essential step in this direction,' they wrote. In September, the Biden administration made a deal with Iran to swap prisoners and release $6 billion in frozen Iranian funds. As part of the deal, Iran released five American citizens detained in Iran and the U.S. released five Iranian citizens being held in the U.S.
Your administration recently released $6 billion in frozen funds to Iran in return for American hostages.
As American intelligence officials continue to investigate the terrorist attacks carried out by Hamas, we should review our options to hold Iran accountable for any support they may have provided,' the senator said. 'At a minimum, we should immediately freeze the $6 billion in Iranian assets and explore other financial tools we have at our disposal.' U.S.
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