House Chairman Accuses Biden of Unfreezing $6 Billion for Iran, Alleges Funds May Support Terrorism and Nuclear Ambitions

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House Foreign Affairs Committee Chairman Michael McCaul, a Republican from Texas, has expressed concerns over the Biden Administration's rep...

Rachael Wiley

Rachael Wiley

13 August 2023 1:09 pm

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House Chairman Accuses Biden of Unfreezing $6 Billion for Iran, Alleges Funds May Support Terrorism and Nuclear Ambitions

House Foreign Affairs Committee Chairman Expresses Concerns over Unfreezing Iranian Assets

House Foreign Affairs Committee Chairman Michael McCaul, a Republican from Texas, has expressed concerns over the Biden Administration's reported plan to unfreeze $6 billion of Iranian assets in exchange for the release of five detained Americans. McCaul believes that this money will be used by Iran to fund their "terror operations" and support their "nuclear bomb aspirations."

Concerns over Funding to Afghanistan and Prisoner Swap Agreement with Iran

During an interview on Fox News, Representative McCaul discussed various issues in the Middle East, including the funding that the Biden Administration is sending to Afghanistan. He also mentioned a prisoner swap agreement with Iran, which reportedly involves the release of Iranian criminals convicted of evading sanctions imposed against Iran, known as the world's leading state sponsor of terrorism.

Transfer of Iranian Assets to Qatar

According to a report from The New York Times, the United States plans to transfer almost $6 billion of Iran's assets currently held in South Korea to an account in the central bank of Qatar. The funds will be controlled by Qatar, and Iran will only be allowed to access the money for humanitarian purchases.

Americans will only be allowed to leave once funds have been transferred to a Qatari account. They will be flown to Doha, Qatar's capital city, as the country played a crucial role in negotiating the arrangement. According to McCaul, the idea that the Ayatollah would not have control over the money is deemed ludicrous. He believes that the funds will be used to support Iran's proxy war, terror operations, and nuclear bomb aspirations.

Concerns over Revival of Iran Nuclear Deal

In a recent statement, someone expressed concern about the revival of discussions around the Joint Comprehensive Plan of Action (JCPOA), also known as the Iran nuclear deal. They believe that revisiting the agreement could ultimately result in Iran obtaining a legal nuclear weapon. The statement also mentions that Israeli Prime Minister Netanyahu has strongly opposed the revival of the JCPOA, and the speaker believes that revisiting the deal would be a repetition of past mistakes.

Investigation into Special Envoy to Iran

The special envoy to Iran who was responsible for negotiating the JCPOA (Joint Comprehensive Plan of Action) is currently being investigated for mishandling classified information. This is concerning because he has access to highly sensitive information and is the top negotiator with Iran. The investigation into his actions is seen as a troubling development.

House Foreign Affairs Chair Discusses U.S. Withdrawal from Afghanistan

The House Foreign Affairs Chair, Representative McCaul, appeared on Fox News Sunday to discuss new reporting regarding the U.S. withdrawal from Afghanistan. The video clip is available for viewers to watch.

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