{"id":2069890,"date":"2023-10-17T05:27:02","date_gmt":"2023-10-17T09:27:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-seeks-permanent-freeze-on-6-billion-ransom-payment-to-iran\/"},"modified":"2023-10-17T05:31:13","modified_gmt":"2023-10-17T09:31:13","slug":"senate-seeks-permanent-freeze-on-6-billion-ransom-payment-to-iran","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-seeks-permanent-freeze-on-6-billion-ransom-payment-to-iran\/","title":{"rendered":"Senate wants to permanently halt $6B Iran ransom payment."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/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%2Fsenate-seeks-permanent-freeze-on-6-billion-ransom-payment-to-iran%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=2069890&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--><blockquote>\n<h2>Legislation positions U.S. \u2063to seize \u2063Iranian funds\u2063 across the globe<\/h2>\n<figure><figcaption>(Getty Images)<\/figcaption><\/figure>\n<\/blockquote>\n<div>\n<p>Senate Republicans are taking bold action to permanently \u2063freeze the Biden administration\u2019s $6 billion ransom payment to Iran with groundbreaking legislation that\u2063 sets the stage for\u200b Congress to \u2064seize a range of Iranian assets across the globe.<\/p>\n<p>The <a href=\"https:\/\/freebeacon.com\/wp-content\/uploads\/2023\/10\/HEY23E37.pdf\" target=\"_blank\" rel=\"noopener\">measure<\/a>, introduced\u2062 Monday by Sen. Tim\u200c Scott (R.,\u200b S.C.) with the backing\u2064 of 20 Republican colleagues, marks the first bid by the upper chamber to lock the $6 billion payment in place, effectively preventing the Biden\u200b administration from making it\u200b available to\u2062 Iran at a later date, according to a copy of the legislation obtained by the <em>Washington Free Beacon<\/em>.<\/p>\n<p>U.S. officials\u200b say they reached a &#8220;quiet understanding&#8221;\u2064 with Qatar, where the money is being held, to keep it\u200c on standby amid outrage\u200c over Iran\u2019s role in funding and directing Hamas\u2019s mass slaughter of Israelis last weekend. Congressional \u2064Republicans, however, say the Biden administration is \u2064not going nearly\u200c far enough to cut off\u2063 Tehran\u2019s access to financial assets, particularly as it\u2064 rallies regional \u2062militant groups behind Hamas.<\/p>\n<p>The\u2064 bill is just one example \u2063of efforts in Congress to \u200bclose off avenues the Biden administration\u2063 could use\u200b to route money to Iran. Similar legislation is circulating \u2063in the Republican-controlled House, and with concerns about Iran\u2019s terrorist enterprise\u2063 mounting on both sides of the\u2062 aisle, it is \u200dpossible Congress will nullify the Biden administration\u2019s November hostage deal.<\/p>\n<p>&#8220;The Biden administration\u2019s decision to\u2062 release $6 billion to \u2062Iran\u2014the world\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-biden-gives-up-u-s-leverage-over-iran-offers-to-restart-nuclear-deal-talks\/\" title=\"BREAKING: Biden Gives Up U.S. Leverage Over Iran, Offers To Restart Nuclear Deal Talks\">leading state sponsor<\/a> of\u2062 terror\u2014was a grave mistake that created a market for \u200dAmerican hostages, emboldened our adversaries, and put a\u200b credit on the balance\u200b sheets of one of Hamas\u2019s biggest backers,&#8221; Scott, the ranking member\u2063 on the Senate Committee on Banking, Housing and Urban Affairs, told the \u2063 <em>Free Beacon<\/em>. &#8220;In the wake of Hamas\u2019s horrific\u2063 attacks on Israel, it has only become clearer that this rogue regime cannot be trusted as long \u200cthey continue to support terrorist organizations.&#8221;<\/p>\n<p>The legislation, dubbed\u200c the Revoke Iranian Funding \u200cAct, uses Congress\u2019s power\u200d over\u2062 the purse to \u2064permanently refreeze the $6 billion in assets, which were released \u200dfrom\u200c a \u2063South Korean bank and \u2064placed in Qatar after the Biden administration issued several sanctions exemptions.<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-seeks-permanent-freeze-on-6-billion-ransom-payment-to-iran\/\" title=\"Senate wants to permanently halt B Iran ransom payment.\">executive-branch-authored licenses<\/a> would be revoked under\u200c the legislation, effectively barring Qatar or any other nations from moving them back to \u2064Iran.<\/p>\n<p>The legislation also sets the stage for Congress to\u2062 target other Iranian assets held across\u2063 the globe.<\/p>\n<p>It directs the Treasury Department to study &#8220;all high-value Iranian assets around the world&#8221; \u2063and provide\u200c Congress\u2062 with a \u200cdetailed list of\u2064 where they are stored, according to information about the bill circulated by Scott\u2019s office.<\/p>\n<p>This would allow Congress to tailor new sanctions aimed at choking off these assets and prevent Iran from\u2063 using\u2063 them to\u200c fund Hamas, or its other terrorist proxies, such as Hezbollah in Lebanon.<\/p>\n<p>That provision is key, Scott said, to &#8220;ensuring Congress has the information necessary to prevent \u2063Iran from accessing funds\u2063 in the future. We \u2063must be unequivocal that the United States will not back down\u2063 and waive sanctions on frozen Iranian funds held by other nations.&#8221;<\/p>\n<\/div>\n<p> <\/p>\n<h2> \u2063 What are the main provisions \u200dof the legislation introduced\u2063 by Senator\u2062 Tim Scott to address \u200dthe $6 billion ransom \u2062payment to Iran?<\/h2>\n<p><span>  Isle, it is \u2063likely that bipartisan support \u200dwill be garnered for these measures.<\/p>\n<p>The legislation introduced by Senator Tim Scott aims\u2063 to permanently freeze \u2062the $6 billion ransom payment that was\u200b planned to be \u2062released to\u2064 Iran by the\u200b Biden administration. This \u2063payment has been a \u2063source of controversy, \u200bas\u2062 many Republicans argue that it will only further enable \u200bIran&#8217;s support for \u2062militant\u200d groups like Hamas. By locking the \u200cpayment in place, the \u2064legislation\u2064 prevents the\u200d administration from making it available to Iran at a later date.<\/p>\n<p>The \u2063bill also sets the stage for Congress\u2063 to seize \u200ca range of Iranian assets across the\u2064 globe. This move \u2064is\u2062 seen as a necessary step to cut off\u200c Tehran&#8217;s access\u2064 to financial resources, especially as \u200cthe country actively \u200csupports and funds\u2063 militant groups. The recent Hamas attacks\u200c on Israel have\u200b further emphasized the urgency of\u200d taking action to limit Iran&#8217;s capacity to finance such \u2064activities.<\/p>\n<p>The\u2064 legislation reflects growing concerns \u2063among \u2062Republicans about \u200dthe Biden\u200c administration&#8217;s approach to Iran. Many argue that the administration&#8217;s efforts to \u200cengage diplomatically and reenter the nuclear deal are insufficient in addressing\u200c Iran&#8217;s\u200c aggressive behavior. They believe\u2063 that stronger measures, such as seizing Iranian assets, are necessary\u200d to effectively curb Iran&#8217;s\u200b support for\u200d terrorism.<\/p>\n<p>Similar legislation is also being circulated in the Republican-controlled\u200d House of Representatives. With\u2062 bipartisan\u200c support for taking a tougher stance on Iran, it is likely that \u2064these measures will gain \u2064traction and ultimately become law. Republican lawmakers are \u2062determined to\u2063 ensure that\u2062 the Biden administration does not have the means \u200dto financially support Iran and its destabilizing activities across the\u2062 globe.<\/p>\n<p>The\u200d introduction\u200c of this legislation marks a \u200csignificant step in holding Iran accountable for its actions and curbing its ability to finance terrorism. By freezing the $6 billion ransom payment and paving the way for the seizure of \u200cIranian assets, the\u2062 United States\u200c sends a strong \u2063message to Iran and other state sponsors of terrorism that their actions will not be tolerated.<\/p>\n<p>As the\u2062 legislation moves through Congress, it will be interesting to\u2063 see the level \u200cof support it garners and the potential impact it may have on the Biden\u200c administration&#8217;s\u2063 approach\u200c to Iran. With growing\u2062 bipartisan concern over \u2063Iran&#8217;s activities, it is clear that\u2064 taking a tougher\u200d stance is a \u2062priority for many lawmakers. The passage of\u200b this \u2064legislation would be a significant\u2063 step in that direction and a clear demonstration of the United States&#8217; commitment to\u200d holding Iran accountable.<\/p>\n<p>In the face of ongoing tensions \u2063in the\u2063 Middle East \u2064and Iran&#8217;s continued \u2063support\u200c for \u200cterrorism, legislative action like this\u200d is crucial. It ensures\u2063 that the United States has the tools and mechanisms necessary to confront\u2063 Iran&#8217;s destabilizing\u200b actions and protect its allies. By seizing Iranian\u2064 assets and limiting their \u200baccess to financial resources, the United States can effectively\u2062 hinder Iran&#8217;s capacity to fund and \u2064support terrorist activities.<\/p>\n<p>The \u200bintroduction of this\u2063 legislation \u2062by Senate Republicans, along with its potential passage, \u200cis a \u2062testament to the United States&#8217; commitment to promoting peace and stability\u200c in the region. It sends a clear signal to Iran and\u2063 other state sponsors of\u2063 terrorism that their actions will \u200bhave consequences. The move to seize Iranian funds across the globe is a \u200cproactive step in addressing the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fncs-carlson-on-rittenhouse-verdict-turns-out-the-american-media-arent-in-charge-of-our-country-most-people-dont-watch-that-crap\/\" title=\"FNC's Carlson on Rittenhouse Verdict: Turns Out the American Media Aren't in Charge of Our Country -- 'Most People Don't Watch that Crap'\">ongoing threat posed<\/a> by Iran and its support \u200dfor terrorism.<\/p>\n<p>In conclusion, the groundbreaking legislation\u2064 introduced by\u2064 Senate Republicans to freeze the\u200c $6\u2062 billion ransom payment \u200cto Iran \u200band pave the way for the seizure of Iranian assets is a significant move in holding Iran accountable for its actions.\u200c With bipartisan support and growing concerns\u2064 over\u2062 Iran&#8217;s \u200bsupport for terrorism, these measures \u2064have\u200c the potential to become \u2064law and send a\u2062 strong message to Iran and other state sponsors of terrorism. The legislation\u200c positions the United States \u2064to take\u200d decisive action and limit Iran&#8217;s\u2064 access to \u2062financial resources, ultimately\u200c curbing its capacity to finance terrorist \u200cactivities across the globe.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Senate Republicans have introduced legislation to permanently freeze the Biden administration&#8217;s $6 billion payment to Iran. This move allows Congress to potentially seize various Iranian assets worldwide. Sen. Tim Scott introduced the measure on Monday, positioning the US to take action against Iran&#8217;s funds on a global scale.<\/p>\n","protected":false},"author":117,"featured_media":2069891,"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":[544],"tags":[],"class_list":["post-2069890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"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\/2069890","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\/117"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2069890"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2069890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2069891"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2069890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2069890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2069890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}