Senators: Obama Admin to Fund Iranian Terrorism, Missile Buildup
Obama plan to grant Iran dollar access draws outrage in Congress
Leading senators are expressing renewed concerns over an Obama administration effort to grant Iran expanded sanctions relief that the lawmakers warn would help fund Iran’s global terrorist activities and illicit buildup of ballistic missile technology.
Sens. Mark Kirk (R., Ill.) and Marco Rubio (R., Fla.) warned Wednesday that, despite past promises to Congress, the Obama administration is working to provide Iran an expanded package of sanctions relief that would include access to the U.S. dollar and American financial markets.
The plan could harm the U.S. economy and jeopardize the dollar’s international stability due to Iran’s illicit money laundering activities and support for terror, according to a letter sent by Kirk and Rubio to Secretary of Treasury Jacob Lew and obtained by the Washington Free Beacon.
The Obama administration is moving forward with its plan despite intelligence assessments determining that Iran is a primary concern for money laundering and terror activity.
“We are gravely alarmed by news reports suggesting the administration is working to give Iran access to the U.S. financial system or to dollar transactions outside of the U.S. financial system,” the lawmakers wrote. “Any such effort would benefit Iran’s financiers of international terrorism, human rights abuses, and ballistic missile threats.”