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U.S. House Votes to Permanently Freeze $6 Billion Iranian Funds Amid Hostage Exchange Controversy

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The U.S. House of Representatives has approved legislation to permanently freeze $6 billion in Iranian funds that were initially slated for release by the Biden administration as part of a hostage exchange with Tehran earlier this year. The measure passed in a 307-119 vote, with the majority of Republicans supporting it, according to The Hill. Notably, Kentucky GOP Rep. Thomas Massie was the sole Republican dissenting voice, aligning with 118 Democrats.

The frozen funds, originally held in South Korea, were part of a deal where Seoul committed to paying Iran for oil before the U.S. imposed sanctions on the Islamic Republic in 2019. Subsequently, these funds were transferred to Qatar as part of the exchange. However, in the aftermath of an Oct. 7 Hamas raid on Israel, where more than 200 hostages were seized and around 1,200 civilians were killed, both Qatar and the U.S. agreed to refreeze the funds.

The decision to permanently freeze the funds reflects the growing controversy surrounding the hostage exchange and the broader implications of releasing substantial financial resources to Iran. Tehran’s support for Hamas and its proxies’ heightened hostilities in the Middle East have contributed to the contentious nature of this issue.

As the legislation progresses, it further underscores the complex dynamics in the region and the United States’ response to Iran’s involvement in activities that destabilize the Middle East. The vote outcome signals a bipartisan stance on this matter, with implications for U.S.-Iran relations and the ongoing challenges of navigating geopolitical complexities.

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Israel

President-Elect Trump to Hamas: ‘Release Hostages Now’ or there will be ‘Hell to Pay’

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Following the release of a Hamas propaganda video with footage of Israeli-American soldier Edan Alexander, 20, alive after over 420 days in captivity, as well as the IDF having confirmed the death of American-Israeli Captain Omer Neutra who was abducted during the October 7th attack, Trump is not mincing words.

United States President-elect Donald Trump declared Monday that there will be “hell to pay” if the hostages held by Hamas and Islamic Jihad terrorists in Gaza are not freed before his inauguration on January 20. The message marked the first time since November’s election that the former chief executive commented on the situation facing captured Israeli citizens in the coastal enclave, reports Foreign Desk News.

Writing on his Truth Social account, the former president warned the captors, “Please let this TRUTH serve to represent that if the hostages are not released prior to January 20, 2025, the date that I proudly assume Office as President of the United States, there will be ALL HELL TO PAY in the Middle East, and for those in charge who perpetrated these atrocities against Humanity. Those responsible will be hit harder than anybody has been hit in the long and storied History of the United States of America. RELEASE THE HOSTAGES NOW!”

During the October 7, 2023, massacre in southern Israel, the invaders kidnapped 251 individuals after killing almost 1,200 civilians and responding security forces.

Following negotiations and rescue operations led by the Israeli military over the past year, authorities in Jerusalem estimate about 60 of the 95 remaining abductees are still alive, adds FDN.

 

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