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Sens. Cruz, Scott, and colleagues demand transparency from Biden administration after further Iran sanctions waivers are lifted


Sens. Cruz, Scott, and their colleagues demand transparency from the Biden administration after further Iran sanctions waivers are lifted | Sen. Ted Cruz

WASHINGTON, DC – Sens. Ted Cruz (R-Texas) and Tim Scott (R-Texas), members of the Senate Foreign Relations Committee, be part of a number of Senate Republican colleagues in writing to Treasury Secretary Janet Yellen and Treasury Secretary Janet Yellen. It was despatched. Secretary of State Antony Blinken. The letter asks the Biden administration to clarify its latest choice to resume sanctions waivers that make it simpler for the Iranian regime to entry funds held abroad. These funds can be utilized to finance terrorism, and the Biden administration’s waiver blatantly ignores Congress’ intent to severely restrict Iran’s entry to such funds.

“We don’t perceive why the administration has decided that it’s within the nationwide safety curiosity of the United States to waive sanctions and make entry to restricted Iranian funds extra accessible to the administration,” the senators wrote within the letter. ” he stated. If we really wish to restore deterrence within the area, these funds must be saved distant from Iran, somewhat than nearer to it. ”

In addition to Sens. Cruz and Scott, Sen. Chuck Grassley (R-Iowa), Sen. John Cornyn (R-Texas), Sen. Marco Rubio (R-Florida), and Sen. Tom Cotton. Congressman Todd Young (R-Ark.) additionally joined in sending the letter. (R-Ind.), Rick Scott (R-Fla.), Ted Budd (R.N.C.), Mike Crapo (R-Idaho), Katie Britt (R-Ala.), Kevin Cramer. (RN.D.), Pete Ricketts (R-Neb.) despatched a letter.

Read the total letter right here.

background:

In November 2023, Sen. Cruz and a number of other colleagues despatched a letter criticizing the Biden administration’s lack of a coherent Iran technique after the administration prolonged comparable sanctions waivers. The letter additionally gives Treasury Secretary Janet Yellen, Secretary of State Antony Blinken, and Secretary of Defense Lloyd Austin with a confidential evaluation of the administration’s plans to discourage Iranian aggression and stop escalation of battle within the Middle East. I requested.

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