Headline Roundup • June 6th, 2018
Obama Administration Granted Iran Secret License to Access U.S. Financial System
Summary from the AllSides News Team
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Fox News Digital
The Obama administration granted a license letting Iran access the United States financial system despite officialsβ pledges that they would prohibit it, according to a draft report from the Senateβs Permanent Subcommittee on Investigations.
βThe Obama administration misled the American people and Congress because they were desperate to get a deal with Iran,β said one senator.
After striking an elusive nuclear deal with Iran, the Obama administration found itself in a quandary in early 2016: Iran had been promised access to its long-frozen overseas reserves, including $5.7 billion stuck in an Omani bank.
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