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Biden Extends Sanctions Waiver for Iran, Sparking Criticism

The decision comes amid heightened tensions following an Iran-backed drone strike that killed three American soldiers.

The Biden administration's renewal of a sanctions waiver allows Iran access to $10 billion in frozen funds, sparking criticism for concessions and a soft-line stance. Pictured: The Rev. Patrick Mahoney, director of the Christian Defense Coalition, leads a prayer Nov. 1 during a demonstration outside the Interests Section of Iran in Washington, D.C. (Photo: Alex Wong/Getty Images)
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Overview

  • President Biden has extended a sanctions waiver allowing Iran access to over $10 billion, sparking criticism amid recent Iranian aggression.
  • The funds, previously frozen, are intended for non-illicit uses such as imports and debt repayments, but critics argue they could indirectly support terrorism.
  • The waiver extension follows an Iran-backed drone strike that killed three American soldiers, raising concerns over the administration's approach to Iran.
  • The House passed the No Funds for Iranian Terrorism Act to lock down the funds, but the bill is stalled in the Senate.
  • Critics, including the Foundation for Defense of Democracies, accuse the Biden administration of appeasing Iran despite its continued hostility and aggression.