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FIRST ON FOX: Sen. Steve Daines, R-Mont., launched a invoice Thursday to reallocate the $6 billion in Iranian funds to Israeli protection amid Israel’s conflict in opposition to Hamas.
The invoice seeks to take the $6 billion, which was launched to Iran in September as a part of a negotiation for the discharge of 5 American prisoners, and put it into an account for Israel to make use of in its struggle in opposition to Iran-backed Hamas.
“Because the Iranian-backed terror group Hamas continues its barbaric assaults in opposition to the Israeli folks, the USA should stand firmly by our greatest ally within the Center East,” Daines mentioned in an announcement. “America should not solely prohibit Iran’s entry to Biden’s $6 billion ransom cost but in addition repurpose these funds to assist Israel recuperate from these horrific actions.”
GOP SENATORS RAMP UP PUSH TO REFREEZE $6B IN IRANIAN FUNDS: ‘HAMAS IS JUST THE PUPPET’
Sen. Steve Daines introduces invoice to switch $6 billion in Iranian belongings to Israeli protection. (Tom Williams-Pool/Getty Photos)
The invoice additionally proposes that frozen Iranian belongings past the preliminary $6 billion can’t be unfrozen or utilized till the president confirms to Congress that hostilities between Hamas, different Iranian-backed teams, and Israel have ceased; till full compensation has been offered to Israel for damages brought on by assaults; or till Iran is actively taking part in an internationally agreed mechanism to compensate Israel for decided quantities owed.
Republican lawmakers within the higher chamber have been ramping up their efforts to introduce payments pertaining to the Iranian belongings this week.
REPUBLICANS, SOME DEM HOUSE LAWMAKERS URGE BIDEN TO REFREEZE $6B IN IRANIAN ASSETS AMID HAMAS ATTACKS
Israeli firefighters extinguish fireplace brought on by a rocket fired from the Gaza Strip in Ashkelon, Israel. (AP/Tsafrir Abayov)
Almost 20 GOP senators are calling on the Biden administration to freeze the funds that had been launched to a Qatar account in alternate for 5 American prisoners final month.
Sen. Marsha Blackburn, R-Tenn., led a gaggle of GOP senators on Tuesday, urging the administration to “restrict Iran’s potential to supply help to Hamas.”
In the meantime, Sens. Tom Cotton, R-Ark., and John Kennedy, R-La., and Senate Minority Chief Mitch McConnell, R-Ky., linked arms to introduce laws to additionally freeze the belongings.
BIDEN ISSUES CRYPTIC WARNING TO IRAN AFTER ADMIN DENIES COUNTRY WAS INVOLVED IN HAMAS ATTACK: ‘BE CAREFUL’
Smoke rises following an Israeli airstrike in Gaza Metropolis on Thursday. (AP/Hatem Moussa)
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Sen. Tim Scott, R-S.C., the rating member of the Senate Banking Committee, additionally unveiled laws Tuesday that might handicap the Treasury and State Division’s potential to chill out U.S. sanctions on Iranian belongings and direct the Treasury secretary to look at Iranian belongings world wide at present restricted by U.S. sanctions and supply that info to Congress.
Within the Home, China Committee Chairman Mike Gallagher, R-Wis., led a bipartisan group of almost 100 Home lawmakers final Wednesday to induce President Biden to refreeze the $6 billion as effectively.
The U.S. has a “quiet settlement” with Qatar to dam Iran from accessing the $6 billion amid Hamas’ terror assaults on Israel that started Oct. 7, sources aware of the transfer informed Fox Information final week.
Jamie Joseph is a author who covers politics. She leads Fox Information Digital protection of the Senate.
Sen Daines desires the $6 billion in Iranian belongings for use for Israeli protection
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