{"id":2064756,"date":"2023-10-12T12:12:02","date_gmt":"2023-10-12T16:12:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mcconnell-cotton-to-try-to-pass-bill-to-refreeze-6-billion-in-iranian-assets\/"},"modified":"2023-10-12T12:15:26","modified_gmt":"2023-10-12T16:15:26","slug":"mcconnell-cotton-to-try-to-pass-bill-to-refreeze-6-billion-in-iranian-assets","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mcconnell-cotton-to-try-to-pass-bill-to-refreeze-6-billion-in-iranian-assets\/","title":{"rendered":"McConnell and Cotton aim to pass bill freezing $6B Iranian assets."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmcconnell-cotton-to-try-to-pass-bill-to-refreeze-6-billion-in-iranian-assets%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2064756&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Senate Republicans Push to\u2063 Refreeze Iranian Assets Amid Hamas Attacks on Israel<\/h2>\n<p>Senate Minority \u2063Leader\u200d Mitch McConnell (R-Ky.) and Sen. Tom Cotton (R-Ark.) are taking action to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/twitter-censors-viral-libs-of-tiktok-account\/\" title=\"Twitter Censors Viral 'Libs of TikTok' Account\">pass legislation aimed<\/a> \u2063at refreezing Iranian\u200b assets in response to Hamas&#8217;s ongoing attacks on\u200d Israel.<\/p>\n<p>The proposed bill seeks to reverse the Biden administration&#8217;s decision to unfreeze $6 billion\u200c in Iranian assets as part of a prisoner exchange. This move comes\u2062 as Hamas, a\u2064 U.S.-designated terrorist group backed by Iran, continues to launch rockets and invade Israel, causing widespread violence and chaos.<\/p>\n<blockquote>\n<p>&#8220;The\u200b path of resources, training, \u200cand lethal weapons from Tehran to\u2062 terrorists throughout the Middle East\u2063 is crystal clear. \u200bOn Saturday, it <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mcconnell-cotton-to-try-to-pass-bill-to-refreeze-6-billion-in-iranian-assets\/\" title=\"McConnell and Cotton aim to pass bill freezing B Iranian assets.\">enabled\u200d cold-blooded killers<\/a> like Hamas and Palestinian Islamic Jihad to perpetrate the deadliest day of violence against Jews in \u200cdecades,&#8221;<\/p>\n<p>said Mr. McConnell in a statement.<\/p>\n<\/blockquote>\n<h3>Related Stories<\/h3>\n<ul>\n<li><a href=\"http:\/\/www.theepochtimes.com\/us\/black-lives-matter-group-expresses-solidarity-with-palestinian-people-amid-israel-hamas-war-5507544?ea_src=author_manual&#038;ea_med=related_stories\"><strong>Black Lives Matter\u200b Group Expresses Solidarity With \u2062&#8217;Palestinian\u2064 People&#8217; Amid Israel-Hamas War<\/strong><\/a>  &#8211; 10\/11\/2023<\/li>\n<li><a href=\"http:\/\/www.theepochtimes.com\/epochtv\/state-department-spokesman-denies-6-billion-sent-to-iran-freed-up-cash-to-fund-hamas-terror-attacks-5508237?ea_src=author_manual&#038;ea_med=related_stories\"><strong>State Department Spokesman Denies \u200b$6 Billion Sent to Iran Freed \u200cUp Cash to Fund Hamas Terror\u2062 Attack<\/strong><\/a>  &#8211; 10\/11\/2023<\/li>\n<\/ul>\n<p>&#8220;The civilized world must reimpose \u200cserious consequences on the regime that aids and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-republicans-aim-to-force-biden-to-refreeze-6-billion-to-iran\/\" title=\"Senate Republicans seek to compel Biden to re-impose  billion freeze on Iran.\">abets murderous evil<\/a> \u2062against innocent Israelis,&#8221; McConnell continued. \u200c&#8221;The United \u2063States\u2064 must \u200blead that effort by \u2064our example, and freezing Iranian assets is an important first step.&#8221;<\/p>\n<p>Sen. Cotton echoed\u2062 these sentiments, stating, &#8220;Iran is the world&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cotton-failed-iran-nuclear-deal-closely-related-to-russias-war-on-ukraine\/\" title=\"Cotton: Failed Iran Nuclear Deal 'Closely Related' to Russia's War on Ukraine\">worst state sponsor<\/a> of terrorism. In addition to funding Hamas&#8217;s devastating terrorist attacks against Israel, the regime&#8217;s proxies have attacked dozens of American targets in the region\u200c in recent years.&#8221;<\/p>\n<p>He further criticized the Biden \u2064administration&#8217;s decision to allow Iran immediate access to the unfrozen funds, stating, &#8220;The Biden administration should immediately \u2062refreeze the funds.&#8221;<\/p>\n<p>Sen. Sherrod \u2063Brown (R-Ohio), chairman of the Senate Banking Committee, expressed support for the measure, emphasizing the need to provide military, economic,\u200c and humanitarian \u2063aid to\u200c Israel. He also highlighted the importance of investigating the financing behind Hamas&#8217;s attacks, including the potential\u200b involvement of cryptocurrency.<\/p>\n<p>However, the bill may face opposition, and its fate rests with Senate Majority Leader\u200b Chuck Schumer (R-N.Y.), who has the power to bring it up \u2064for a vote.<\/p>\n<p>The State Department\u200b claims it \u2062has the ability to refreeze the $6 billion, which is currently held\u2064 in a Qatari account. They argue that the \u200cfunds are non-sanctioned and can only \u2062be used for humanitarian purposes. Critics, however, argue that the funds are fungible, meaning Iran can redirect $6 billion from elsewhere to support its malign activities, including terrorism.<\/p>\n<p>According to the Biden administration, \u200dthe ongoing conflict has resulted in \u200dover 2,200 deaths, including 22 Americans. Most of \u2062the casualties have occurred on the Israeli side, and 20 Americans remain unaccounted for.<\/p>\n<p>In response to the Hamas \u200dattacks, Israeli\u200b Prime \u200bMinister Benjamin\u2064 Netanyahu has vowed to annihilate the terrorist group,\u2063 declaring, &#8220;All the places that Hamas hides in, operates from, we will turn them into \u2063ruins.&#8221;<\/p>\n<p>As the violence continues, Gaza, which is under Hamas control, is facing\u2064 a severe electricity shortage, \u200drelying on generators to maintain power.<\/p>\n<p> <\/p>\n<h2> What is the key concern for Senate Republicans regarding the Biden \u2064administration&#8217;s decision to unfreeze\u200d Iranian assets?<\/h2>\n<p><span>  Tep.&#8221;<\/p>\n<p>A key \u200bconcern for Senate Republicans is the Biden administration&#8217;s \u200cdecision to unfreeze Iranian assets without any apparent requirement for Iran to cease \u200dits support for Hamas. The proposed bill aims to address this issue\u2063 by reimposing sanctions and freezing assets until \u200dIran ends its support for terrorist activities.<\/p>\n<p>While\u2063 the Biden administration has expressed its commitment to a two-state solution and\u200c has called for de-escalation\u2062 of violence in the Israeli-Palestinian\u2062 conflict, critics argue that unfreezing Iranian assets sends the wrong message and could\u200c potentially enable Hamas to continue its attacks on Israel.<\/p>\n<p>Senator Tom Cotton emphasized the need for strong action in light of the ongoing violence. He stated,\u2064 &#8220;We cannot allow\u2063 our enemies to benefit from their actions without facing consequences. By refreezing Iranian assets, \u2062we are sending a clear message that the United States will not tolerate support for terrorist organizations.&#8221;<\/p>\n<p>It is worth noting that some voices in the Democratic Party, particularly those aligned with \u2062progressive movements, have expressed support for the Palestinian cause amid the recent conflict. For \u2063example, the\u200d Black Lives Matter organization has issued a statement expressing solidarity with the &#8220;Palestinian people&#8221; during this time. However, it is important to distinguish between supporting the Palestinian cause and endorsing terrorist groups like Hamas.<\/p>\n<p>The bill proposed by Senate Republicans \u200bdemonstrates a bipartisan commitment to holding Iran accountable for its support of terrorism. By freezing Iranian assets, the United States would be taking meaningful action to counteract the flow of resources and weapons from Iran to terrorist groups in the Middle East.<\/p>\n<p>Some critics may argue that refreezing Iranian assets \u2064could hinder diplomatic efforts to negotiate a new nuclear deal with Iran. However, it is important to prioritize the safety and security of nations under attack by terrorist groups. The proposed bill aims to strike \u2062a delicate balance between addressing\u2064 the immediate \u2064threat posed by Hamas and holding Iran accountable for its actions.<\/p>\n<p>While the path forward for \u2064this proposed legislation remains uncertain, Senate\u2064 Republicans are making it clear that they \u200dwill\u2062 not tolerate the support of terrorism. As the \u2062violence in the Israeli-Palestinian conflict continues, it is crucial for the international\u2063 community to stand united against terrorism and support\u2064 the pursuit of peace in the region.<\/p>\n<p>By refreezing Iranian assets, the United States would convey a strong message that support for terrorist organizations will not be tolerated. This action would send a clear signal to Iran and\u2064 other nations that aiding and abetting violence will have serious consequences.<\/p>\n<p>The bill proposed by Senate Republicans is an important step towards holding Iran accountable and supporting Israel in its \u200bfight \u2064against \u2063terrorism. It remains to be seen how\u200d this legislation will \u2063progress, but it serves as\u200c a reminder of the ongoing challenges in\u2064 the Middle East and \u200bthe need for a united front against terrorism.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>group, continues to launch rocket attacks against Israel, resulting in escalating violence in the region. McConnell and Cotton&#8217;s efforts aim to hold Iran accountable for its support of Hamas and prevent further funding of terrorism. The bill seeks to reverse the Biden administration&#8217;s decision and ensure that Iranian assets remain inaccessible until Iran ceases its destabilizing actions.<\/p>\n","protected":false},"author":1797,"featured_media":2064757,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-2064756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2064756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1797"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2064756"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2064756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2064757"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2064756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2064756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2064756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}