Biden Admin Waives Sanctions On Frozen Assets

President Joe Biden’s decision to waive sanctions and unlock $10 billion in frozen Iranian assets is a jaw-dropping move that defies logic and common sense, especially after Democrats’ recent election drubbing. Let’s call this what it is: a green light for the world’s leading state sponsor of terrorism to get a massive payday, all under the guise of “humanitarian aid.” You know, because Iran is definitely trustworthy when it comes to using money as promised.

The Biden administration’s justification? The money can only be used for humanitarian purposes like food and medicine. But here’s the kicker—money is fungible. By freeing up these funds, Iran’s regime doesn’t need to raid this $10 billion directly for terror financing; they can simply redirect other resources while using this cash to offset costs elsewhere. It’s like telling a criminal they can only use their paycheck for groceries while they funnel their savings into more nefarious activities.

And it’s not as if Iran is shy about its intentions. Just last year, Iranian President Ebrahim Raisi blatantly stated that the Islamic Republic would spend the money “wherever we need it.” Translation: “Thanks for the cash, America! We’ll take it from here.” When NBC News pressed Raisi on whether the funds would go beyond humanitarian uses, his response was a diplomatic shrug: Iran decides what the Iranian people “need,” and surprise, surprise, their needs often align with funding terror groups like Hamas and Hezbollah.

“What is your expectation of its [the money’s] use?” Lester Holt from NBC News asked. “We’re told that it’s for humanitarian purposes — food and medicine. Do you believe you have the right to use that money in any way that you see fit?”

“This money belongs to the Islamic Republic of Iran, and naturally, we will decide, the Islamic Republic of Iran will decide to spend it wherever we need it,” Raisi answered. “How to spend our money of course, it is under the authority of the Islamic Republic of Iran.”

Speaking of Hamas, this is the same regime that has poured money into fueling terrorism across the Middle East for decades. Iran’s fingerprints are all over the October 7 attack on Israel, the most brutal assault in the region in recent history. Yet Biden’s team thinks it’s a good idea to reward Tehran with easier access to billions. This isn’t just naïve—it’s dangerous.

Under President Trump, Iran’s access to funds was tightly controlled, making it far harder for the regime to funnel money to its proxies. Funds were locked in escrow accounts in Baghdad, creating hurdles to spending the money in international markets. But Biden’s administration, in its infinite wisdom, “tweaked” the rules to allow conversion into euros and deposit in Oman, a currency far easier to spend globally. Call it what you want, but this is a softening of sanctions disguised as a humanitarian gesture.

And let’s not forget the broader implications of this move. Biden’s appeasement sends a clear message to Iran and its terror-financing allies: play the long game, and you’ll be rewarded. Meanwhile, it alienates America’s allies, particularly Israel, who are left to face the consequences of Iran’s growing financial power and emboldened aggression.

At a time when Iran-backed terrorism is escalating, the Biden administration’s decision is not just tone-deaf; it’s a betrayal of U.S. interests and allies. Handing billions to a regime that openly boasts about defying international norms is reckless, dangerous, and exactly the kind of leadership failure that puts American lives at risk.