GOP senators name on Biden to freeze $6 billion in Iranian ‘ransom’

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FIRST ON FOX: Amid Israel’s lethal battle, a gaggle of Republican senators led by Sen. Marsha Blackburn, R-Tenn, are urging the Biden administration to freeze Iran’s $6 billion in property that had been launched to Qatar from South Korean accounts in trade for American prisoners final month. 

“To face by and permit Iran entry to those funds as Hamas infiltrates Israel and murders, rapes, and mutilates numerous Israelis is unconscionable,” lawmakers wrote in a letter to Biden Monday night. 

Whereas the administration mentioned the funds can solely be used for humanitarian help and different sources for Iranian residents, lawmakers argue that the “cash is fungible” — that means {that a} unit of forex is interchangeable with one other unit of the identical worth. 

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“Your administration claims these funds are solely out there for humanitarian use, however cash is fungible, and there’s a important danger they could possibly be used to additional efforts by Iran or Hamas towards Israel,” they wrote. “Furthermore, permitting $6 billion to stream into Iran’s financial system, even when the aim is for humanitarian help, permits the Iranian regime to reallocate much more funds to supporting terrorism.”

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Israeli forces recaptured areas close to the Gaza Strip that had been overrun in a Hamas mass-infiltration over the weekend.

The lawmakers added: “The State Division ought to instantly rescind the waivers that allowed Iranian funds to be transformed and moved to extra accessible financial institution accounts, in addition to work with U.S. ally Qatar to instantly freeze the accounts containing these funds.”

A gaggle of 20 Republicans within the higher chamber, together with Blackburn and Sens. Marco Rubio, R-Fla.; Lindsey Graham, R-S.C.; John Thune, R-S.D.; Mike Lee, R-Utah; Rick Scott, R-Fla.; James Lankford, R-Okla.; John Cornyn, R-Texas, and Tom Cotton, R-Ark., amongst others, signed the letter.

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The report comes as almost 800 casualties have been reported, and 11 People have been killed, the U.S. State Division confirmed Monday. 

Blackburn informed Fox Information Digital in a press release that “President Biden is refusing to freeze the $6 billion ransom fee to Iran as a result of he’s afraid to confess it was a catalyst for the assaults.”

“He nonetheless has time to restrict the harm,” she mentioned, including that Biden ought to instantly freeze the funds. 

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RUBIO SAYS ISRAEL HAS ‘NO CHOICE’ BUT TO SEEK COMPLETE ERADICATION OF HAMAS’

Sen. Marsha Blackburn, R-Tenn., signed a letter urging the Biden administration to freeze Iran’s $6 billion in property that had been launched from South Korean accounts final month.

Hamas militant terrorists additionally took greater than 100 individuals hostage after they launched the shock assault on Saturday. Israeli troopers, grandmothers, infants and youngsters had been all victims of the hostage-taking. 

The deal, which was reached final month, allowed the switch of Iran’s frozen property held in a South Korean financial institution to accounts in Qatar. The administration mentioned the cash can solely be used for humanitarian functions and the U.S. may have oversight as to how and when the funds are used. 

Nevertheless, Hamas spokesperson Ghazi Hamad informed the BBC that that they had Iran’s help for the assaults, which started Saturday. A bombshell Wall Avenue Journal report Sunday additionally mentioned Hamas and Hezbollah helped Iran plan the assault, contradicting the administration’s statements.

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Automobiles are seen on fireplace after they had been hit by rockets from the Gaza Strip in Ashkelon, Israel, on Saturday. (AP Photograph/Ohad Zwigenberg)

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Israel formally declared battle on Hamas after the assault. President Biden affirmed Israel’s proper to defend itself because the Pentagon catapulted help to Israel Protection Forces over the weekend. 

In a publish Saturday, State Division spokesperson Matt Miller mentioned on X, previously generally known as Twitter, that “the deal to deliver U.S. residents dwelling from Iran has nothing to do with the horrific assault on Israel.” 

“Not a penny has been spent, and when it’s, it may solely go for humanitarian wants like meals and medication. Something on the contrary is fake,” Miller wrote.

Fox Information Digital has reached out to the White Home for remark. 

Jamie Joseph is a author who covers politics. She leads Fox Information Digital protection of the Senate. 

GOP senators name on Biden to freeze $6 billion in Iranian ‘ransom’

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