Sen. Cornyn criticizes Biden for releasing $6B in Iranian funds, fearing more hostage situations.
Sen. John Cornyn Slams President Biden for Unfreezing $6 Billion in Assets for Iran
In a recent interview with Fox News, Sen. John Cornyn (R-TX) criticized President Joe Biden for unfreezing $6 billion in assets for the Islamic Republic of Iran. This move was made in exchange for the release of five American hostages from the country.
Secretary of State Antony Blinken approved the deal last week, and Congress was notified on Monday, coinciding with the commemoration of the 22nd anniversary of the September 11, 2001, terror attacks.
“Well, unfortunately, you know, we have sanctions in place to try to discourage the number one state sponsor of terrorism, which is Iran, from developing a nuclear weapon,” Cornyn expressed. “But it doesn’t do much good when the Biden administration decides to write them a $6 billion check. And of course, the money is fungible, it can be used for any purpose, offset other expenses, and the like. And I can’t think of one single thing that they could do that would actually encourage more hostage taking than to pay off the Iranians for these five hostages.”
Cornyn acknowledged that he is glad the hostages will be reunited with their families, but he believes that the actions of the Biden administration will only lead to more hostage situations. He also argued that this decision undermines the existing sanctions aimed at preventing Iran from developing nuclear weapons.
In response to Iranian President Ebrahim Raisi’s claim that the $6 billion can be used for any purpose, Cornyn expressed his skepticism about the Biden administration’s ability to monitor the expenditure of these funds.
“I have absolutely no confidence in the Biden administration’s ability to monitor how these funds are being spent,” Cornyn emphasized.
Cornyn concluded by questioning whether the United States is truly committed to deterring Iran from acquiring nuclear weapons, as providing them with access to such a significant amount of money weakens the deterrence efforts.
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