The flurry of business deals Iran has struck with European companies since sanctions on its economy were lifted as part of the Iran nuclear deal have helped the Islamic Republic’s state-backed conglomerates rather than its private sector economy, according to a New York Times article published Friday.
The Obama administration deliberately withheld information and kept Congress in the dark on how it was going to prioritize payments if the debt ceiling was not raised, according documents subpoenaed by the House Financial Services Committee.
A new memo issued earlier this month by the Obama administration directs the U.S. “trade community” and government partner agencies to explicitly label Israeli-made goods that have been produced in the West Bank.
Congress is considering legislation that would lbar the Obama administration from moving forward on a cash payment to Iran of $1.7 billion in taxpayer funds, according to a copy of the legislation provided to the Washington Free Beacon.
The Obama administration is facing criticism for paying Iran $1.7 billion in taxpayer funds as part of what critics described as a “ransom” bound up in a controversial hostage trade designed to secure the release of five Americans long held by Iran according to conversations with administration officials and experts critical of the agreement.
A federal judge ruled on Tuesday that President Obama cannot use executive privilege to prevent Congress from viewing records on Operation Fast and Furious, a gunrunning program that let thousands of firearms cross the border into Mexico.