Obama Admin ‘Laundered’ U.S. Cash to Iran Via N.Y. Fed, Euro Banks

John Kerry, Javad Zarif / AP

A member of the House Intelligence Committee is accusing the Obama administration of laundering some $1.7 billion in U.S. taxpayer dollars to Iran through a complicated network that included the New York Federal Reserve and several European banks, according to conversations with sources and new information obtained by the lawmaker and viewed by the Washington Free Beacon.