Official announcements from the US Department of State or the White House

Biden Grants Iran $10 Billion Post-Trump Victory, Raising Concerns Over Terrorism Funding

Dec 11, 2024, 06:47 PM

The Biden administration has granted Iran $10 billion in sanctions relief just days after President Donald Trump's victory in the 2024 US Presidential Election. This decision has sparked criticism from Republicans, who argue that the funds could be used to finance terrorism and advance Iran's nuclear program. Critics, including Congressman Jeff Van Drew, have raised concerns that the money might be linked to recent drone activities in New Jersey, potentially originating from Iran. The move has been seen as part of a broader policy of easing sanctions on Iran, despite previous claims by the Biden administration of having increased sanctions on the country.