Official statements from the Israeli government or relevant financial institutions

White House Waives Terrorism Sanctions on Palestinian Government on Election Day, Violating U.S. Laws

Nov 8, 2024, 11:43 AM

The White House has waived terrorism sanctions on the Palestinian Government, despite the U.S. determining that the government is paying terrorists. These violations should have triggered immediate U.S. sanctions, but the Biden-Harris administration used its executive power to waive them. This action was taken quietly on Election Day, as revealed by documents. The banking agreement between the Palestinian Authority (PA) and Israel is based on a comfort letter issued by the U.S. Treasury, which is now in breach of 100 different U.S. anti-terrorism and anti-money laundering laws, even with this waiver. There are calls for Israel to cancel the agreement, suggesting that the PA will reform when faced with total economic collapse.