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Thursday, October 17, 2024

Cotton and McConnell Introduce Legislation to Block Iran's Access to $6 Billion

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U.S. Senate Republican Leader Mitch McConnell | Mitch McConnell Official website

U.S. Senate Republican Leader Mitch McConnell | Mitch McConnell Official website

Washington, D.C. — Senator Tom Cotton (R-Arkansas) and Senate Republican Leader Mitch McConnell (R-Kentucky) have announced their plans to introduce legislation aimed at preventing Iran from accessing the $6 billion in funds that were released by the Biden administration in August. The senators will seek unanimous consent to pass this bill, which aims to freeze the payment immediately.

Senator Cotton highlighted Iran's role as the "world's worst state sponsor of terrorism" and emphasized the regime's support for terrorist attacks against Israel. He stated, "The Biden administration's decision to let Iran access the $6 billion immediately freed up other money for the regime to fund its attacks in Israel. The Biden administration should immediately re-freeze the funds."

Leader McConnell echoed these sentiments, emphasizing the clear path of resources, training, and lethal weapons from Tehran to terrorists in the Middle East. He pointed to the recent violence perpetrated by Hamas and Palestinian Islamic Jihad against innocent Israelis, stating, "The civilized world must re-impose serious consequences on the regime that aids and abets murderous evil against innocent Israelis. The United States must lead that effort by our example, and freezing Iranian assets is an important first step."

The proposed legislation aims to halt Iran's access to the $6 billion, thereby preventing the regime from using these funds to support its malicious activities. The senators are urging swift action to ensure that Iran's resources do not contribute further to violence and terrorism in the region.

Further details of the bill can be found on the official website.

This legislation reflects growing concerns over Iran's role in fueling regional instability through its support of terrorist organizations. The international community must address this issue and take necessary measures to hold Iran accountable for its actions. The proposed legislation by Senator Cotton and Leader McConnell seeks to do just that by blocking Iran's access to the $6 billion in funds released by the Biden administration.

For additional details, please follow this link: https://www.mcconnell.senate.gov/public/index.cfm/pressreleases?ID=E428468D-56B3-4D3E-8DD9-09643241B1A8

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