Republican Efforts: New Legislation Introduced In Attempt to Refreeze Iranian Assets

In response to Hamas’ attacks on Israel, Senate Minority Leader Mitch McConnell (R-Kentucky) and Sen. Tom Cotton (R-Arkansas) intend to try to pass legislation to refreeze Iranian assets. As part of a prisoner exchange last month, the Biden administration unfroze $6 billion in Iranian assets. This bill would put a hold on those funds again. The legislation is a response to missile attacks, an invasion, and a string of murders, rapes, and hostage-taking in Israel by …

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