"Political Fallout: McCarthy Urges Biden to Freeze $6B in Iranian Funds Amidst Hamas Attack"

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Source: The Hill
"Political Fallout: McCarthy Urges Biden to Freeze $6B in Iranian Funds Amidst Hamas Attack"
Photo: The Hill
TL;DR Summary

Former Speaker Kevin McCarthy is urging President Biden to refreeze $6 billion in Iranian funds following the recent attacks on Israel by Hamas. McCarthy criticized the Biden administration for its prisoner swap with Iran and the decision to unfreeze the funds, arguing that it has emboldened terrorists. Many Republicans believe that the move has provided resources for Iran's military spending and support of terrorism. McCarthy also called on the administration to focus on bringing any American hostages home and reinstate the maximum pressure campaign against Iran. Secretary of State Antony Blinken defended the unfreezing of funds, stating that they were Iranian resources for humanitarian purposes.

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