***To read the full blog, please check out the complete post on NewsBusters***
According to a new Senate committee report out Wednesday, not only did the Obama administration give Iran tens of billions of dollars in seized assets through the nuclear deal but they also sought to facilitate the transfer of roughly $6 billion from Oman to Iran’s radical Islamic regime.
Despite the report showing how the Obama administration lied in Congressional oversight hearings about the access it would allow Iran, the liberal broadcast networks (ABC, CBS, and NBC) along with Spanish-language outlets Univision and Telemundo completely ignored the bombshell during their evening newscasts.
“The nuclear deal gave Iran access to its international bank accounts. One account in Oman held about $6 billion in local currency,” Fox News Channel’s Rich Edson explained on Special Report that evening. “To use it, the Iranians needed to convert that money first U.S. dollars, then to euros. The Obama administration was ready to help.”
According to the Senate committee report, and noted by Edson, “the Obama administration bypassed existing sanctions and cleared the way for Iran to use the U.S. financial system.” Obama administration officials, including then-Treasury Secretary Jack Lew, made impassioned declarations during Congressional hearings proclaiming they would continue to bar Iran from working through the U.S. financial system.
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