Powered by Topple

While all eyes are on Trump scandal, Brit Hume points out Obama’s sneaky Friday dump move

Powered by Topple

While everyone else is focused on what Donald Trump said eleven years ago (and why is Hillary trying to claim the moral high ground anyway?), the Obama Administration figured hey, why not take an under-the-radar shot at making life easier for one of the world’s most prominent sponsors of terror.

Fox News senior political analyst Brit Hume caught it and posted the details on Twitter:

Apparently, the idea is to make it easier for U.S. businesses to do business in Iran.

Before the start of the Columbus Day holiday weekend, the Treasury Department made it easier for offshore banking institutions to make transactions with Iran, as long as the money doesn’t actually enter the U.S. financial system. Although many sanctions were lifted as a part of the Iran deal, certain “specially designated nationals,” or SDNs, are still subject to the sanctions for reasons which include their human rights record or support for terror groups.

Now, even these SDNs are no longer completely banned from transacting with U.S. businesses.

The reason? According to the AP:

Friday’s steps by the Treasury come amid growing complaints from Iran that it is not getting the sanctions relief it deserves under the nuclear deal because remaining U.S. sanctions have scared foreign companies from doing business in or with the country. The U.S. insists it has met its obligations and blamed Iranian behavior for the reluctance of foreign companies do to business in Iran. At the same time, it has sought to reassure foreign companies that certain transactions with Iran will no longer be subject to U.S. sanctions.

Just another bad postscript to a bad deal, and we can expect plenty more of the same if people keep paying attention to the puppet shows instead of the man, or woman, behind the curtain.

Sign up for our morning news blast HERE


Scott Morefield


Latest Articles