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Obama administration allegedly gave Iran access to US financial system
Fox News ^ | June 6 2018 | Rich Edson

Posted on 06/06/2018 3:48:31 AM PDT by knighthawk

The Obama administration granted a license letting Iran access the United States financial system despite officials’ pledges that they would prohibit it, according to a draft report from the Senate’s Permanent Subcommittee on Investigations.

“On Feb. 24, 2016, the Treasury Department issued a specific license to Bank Muscat to authorize the conversion of Iran’s rials to euros through ‘any United States depository institution …,’” the draft report said. “Even after the specific license was issued, U.S. government officials maintained in congressional testimony that Iran would not be granted access to the U.S. financial system.”

“The Obama administration during the negotiation of the Iran deal misled the American people,” said Sen. Rob Portman (R-Ohio), subcommittee chairman. “I think they did so because they were desperate to get a deal.”

(Excerpt) Read more at foxnews.com ...


TOPICS: News/Current Events
KEYWORDS: connorfinnegan; iran; liar; misled; obama; obamanation; oman; sanctions; ustreasury

1 posted on 06/06/2018 3:48:31 AM PDT by knighthawk
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To: knighthawk
...On Feb. 24, 2016, the Treasury Department issued a specific license...

The whole department? Snort. I don't think so. Who, specifically, at Treasury signed off on this?!

2 posted on 06/06/2018 3:53:22 AM PDT by mewzilla (Has the FBI been spying on members of Congress?)
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To: mewzilla

The Obama administration will go down in the history books as one of the most corrupt. It will be revealed that the U.S. Media was the enabler of this corruption, and celebrated it.


3 posted on 06/06/2018 3:59:50 AM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: knighthawk

“misled” Is that now a synonym for lied or since this was Congressional testimony, was it lied under oath AKA perjury?


4 posted on 06/06/2018 4:03:01 AM PDT by Truth29
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To: marktwain
"The Obama administration will go down in the history books as one of the most corrupt."

Nice thought, but I doubt we last that long (for corrected history books, that is).

5 posted on 06/06/2018 4:10:43 AM PDT by Psalm 73 ("I will now proceed to entangle the entire area".)
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To: knighthawk

Pro muzzie, anti Jew the whole 8 years.


6 posted on 06/06/2018 4:28:18 AM PDT by DownInFlames
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To: mewzilla

It probably should have been Jacob Lew. But I would make a bet if you dig out the documentation....he was on some kind of leave, and his number two or three ended up signing the document. All of this....without explaining it to the Senate?


7 posted on 06/06/2018 4:30:15 AM PDT by pepsionice
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To: marktwain
The Obama band of fools will go down in history books as trailblazers and heroes who stood up to the system and fixed what was broken. And the media are the ones who will facilitate the scam.

They're rewriting history as we speak. Rewriting it to say whatever they want. Haven't you noticed? Even monuments dedicated to the civil war are coming down.

8 posted on 06/06/2018 6:11:15 AM PDT by LouAvul (The most High ruleth in the kingdom of men, and giveth it to whomsoever he will.)
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To: knighthawk

Democrats have no right to tell Trump how to negotiate or suggest standards on the up and coming summit.


9 posted on 06/06/2018 6:12:52 AM PDT by Retvet (Retvete)
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To: marktwain

The media had a great deal of help from that pool of sewer spew called public schools.

https://www.youtube.com/watch?v=9Ty7WU872Lk

It is inconceivable to send a child to be educated by a bunch of homos, godless white liberals, and fools who couldn’t diagram a sentence if their lives depended on it.


10 posted on 06/06/2018 6:15:26 AM PDT by Original Lurker
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To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; 2ndDivisionVet; azishot; ...

p


11 posted on 06/06/2018 8:26:52 AM PDT by bitt (t\\)
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To: knighthawk; Liz

More, here......

....Former Obama administration officials declined to comment for the record.

However, they said the decision to grant the license had been made in line with the spirit of the deal, which included allowing Iran to regain access to foreign reserves that had been off-limits because of the sanctions. They said public comments made by the Obama administration at the time were intended to dispel incorrect reports about nonexistent proposals that would have gone much farther by letting Iran actually buy or sell things in dollars.

The former officials spoke on condition of anonymity because many are still involved in national security issues.

As the Obama administration pondered how to address Iran’s complaints in 2016, reports in The Associated Press and other media outlets revealed that the U.S. was considering additional sanctions relief, including issuing licenses that would allow Iran limited transactions in dollars. Democratic and Republican lawmakers argued against it throughout the late winter, spring and summer of 2016. They warned that unless Tehran was willing to give up more, the U.S. shouldn’t give Iran anything more than it already had.

At the time, the Obama administration downplayed those concerns while speaking in general terms about the need for the U.S. to live up to its part of the deal. Secretary of State John Kerry and other top aides fanned out across Europe, Asia, and the Middle East trying to convince banks and businesses they could do business with Iran without violating sanctions and facing steep fines.....

https://www.cnbc.com/2018/06/06/the-obama-administration-secretly-sought-to-give-iran-access-to-the-us-financial-system.html

Flashback....

Former Iranian Official, Pro-Tehran Lobbyist Hosted at Obama White House Dozens of Times
http://www.freerepublic.com/focus/f-news/3516735/posts


12 posted on 06/06/2018 8:43:10 AM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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