Cruz Calls For Investigation Into Obama Administration’s Dealings With Iran

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Sen. Ted Cruz (R-Texas) is calling for further investigation into the Obama administration’s relationship with Iran following a Senate report that purportedly revealed that the Obama administration secretly authorized Iranian access to the U.S. financial system.

A report published by Republican senators on the Senate Permanent Subcommittee on Investigations claims that the Obama administration gave Iran brief access to the U.S. financial system as part of the Iranian nuclear deal, despite telling Congress that such access would be banned under the agreement.

“Officials repeatedly testified to Congress that Iranian access to the U.S. financial system was not on the table or part of any deal,” the report said.

However, despite the claims, the Treasury Department under the direction of the State Department “granted a specific license that authorized a conversion of Iranian assets worth billions of U.S. dollars using the U.S. financial system,” according to the report.

The report further noted that a “special license” was issued in February 2016 to allow Iran to briefly convert about $5.7 billion worth of Iranian assets frozen in an Omani bank from rials to dollars, which would then be converted into euros. However, U.S. banks balked at the transfer, despite encouragement from U.S. officials, and it never took place.

“The Obama Iran nuclear deal was a devil’s bargain, but one exclusively designed to help the devil,” Cruz said in a statement. “The Obama administration covertly greased the nuclear deal with bribes and secret agreements that made it even worse for America.

“Now a Senate investigation has revealed the Obama administration was even working in secret to circumvent the weaker sanctions left over from the nuclear deal—and they were lying to Congress about it,” continued Cruz. “They subordinated American law and the U.S. financial system to the deal, hatching a scheme that would have put the U.S. dollar and U.S. banks to work moving money for the Iranians. We owe it to the American people to get to the bottom of whatever else the Obama administration sacrificed at the altar of the Iran deal.”

JNS.ORG


4 COMMENTS

  1. You can start with the great John Kerry. The old war hero who served in Vietnam, illegally met with the Iranians in an attempt to undermine a sitting President. Why is John Kerry allowed to do what he did without suffering any consequences? If it was the other way around and a Republican did that, the DNC controlled media would of had them arrested immediately and thrown in prison.

  2. So you’ll investigate Obama the Crook, and then? Why waste more taxpayer’s money? It’s not as if you will arrest these Crime Families – Obama, the Clintons and Bushes – who are above the law.

    How many people were murdered or arrested for investigating Obama’s fraudulent birth certificate? The same will happen to those who investigate any of Obama’s corruptions – and there are loads.

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