Senate Republicans Introduce Bill to Freeze $6 Billion in Iranian Funds

Following recent Hamas attacks on Israel, Senate Republican Leader Mitch McConnell of Kentucky and Senator Tom Cotton of Arkansas introduced a new bill on Wednesday to immediately halt the release of $6 billion in Iranian funds held in South Korea, which were slated for transfer to Iran as part of a prisoner exchange with the United States.

This concise two-page bill reinstates specific sanctions on Iran and bars the “Waiver of Sanctions with Respect to the Transfer of Funds from the Republic of Korea to Qatar,” a waiver that was submitted to Congress on September 11. The bill is now garnering strong bipartisan backing, Breitbart News reported.

READ MORE: https://www.breitbart.com/news/senate-republicans-mcconnell-cotton-introduce-bill-to-freeze-6b-in-iranian-funds/

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