Sunday, May 19, 2024
HomenewsedgeSen Daines wants the $6 billion in Iranian assets to be used...

Sen Daines wants the $6 billion in Iranian assets to be used for Israeli defense

Sen. Tim Scott, R-S.C., the ranking member of the Senate Banking Committee, also unveiled legislation Tuesday that would handicap the Treasury and State Department’s ability to relax U.S. sanctions on Iranian assets and direct the Treasury secretary to examine Iranian assets around the world currently restricted by U.S. sanctions and provide that information to Congress.

In the House, China Committee Chairman Mike Gallagher, R-Wis., led a bipartisan group of nearly 100 House lawmakers last Wednesday to urge President Biden to refreeze the $6 billion as well. 

The U.S. has a “quiet agreement” with Qatar to block Iran from accessing the $6 billion amid Hamas’ terror attacks on Israel that began Oct. 7, sources familiar with the move told Fox News last week.

Jamie Joseph is a writer who covers politics. She leads Fox News Digital coverage of the Senate. 

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