Trump Admin Poised to Cave on Iran Sanctions - Wash. Free Beacon

[TomSea]

Trump Admin Poised to Cave on Iran Sanctions
Iran set to get major pass, keeping ailing economy alive, hardline regime intact
November 1, 2018

The Trump administration is poised to offer a series of major concessions to Iran that will let it escape key economic sanctions that the administration once vowed would kick back into force in the next several days, according to multiple U.S. officials and administration insiders familiar with the state of play.

Senior State Department officials working on the Iran issue are said to have convinced Secretary of State Mike Pompeo to permit Iran to remain connected to the international banking system, providing a key lifeline to Tehran as its economy teeters on the brink of collapse.

While President Donald Trump vowed to enforce a bevy of new sanctions, senior officials in both the State and Treasury Departments caved to pressure from European allies and Iran, officials confirmed to the Washington Free Beacon.

Read more at: https://freebeacon.com/national-security/trump-admin-poised-cave-iran-sanctions/

[Frank Cannon]

Funny that some State Dept "officials", who have been already exposed as Resist activists, are leaking uncomfirmable garbage right before an election.

[TomSea]

Actually, this is OR this appears to be what the Ted Cruz bill is about, Iran's ties to the banking system so this is not exactly new.

http://www.gopbriefingroom.com/index.php/topic,338463.0.html

https://freebeacon.com/national-security/congress-goes-war-treasury-department-saving-iranian-financial-access/

.@SenTedCruz bill gaining momentum as Iran hawks see Trump Treasury Dept. saving Iran's banks

https://twitter.com/FreeBeacon/status/1057384146970923008

Congress Goes to War With Treasury Department Over Saving Iranian Financial Access
Adam Kredo
October 30, 2018 4:59 am

Congress is working to pass new legislation that would completely cut Iran's access to international financial systems amid criticism by Iran hawks that the Trump administration's Treasury Department is seeking to keep these financial lines open, a major concession to Tehran and European allies scrambling to save the landmark nuclear agreement.

U.S. officials familiar with Congress's effort to take the reins on tough new Iran sanctions ahead of a Nov. 4 snapback deadline have been battling with the Treasury Department over its efforts to allow Iran to remain connected to the SWIFT banking system, which facilitates cross-border transactions and has provided Iran with a key lifeline to the West.

Iran hawks on Capitol Hill are said to be frustrated over the Treasury Department's efforts, telling the Washington Free Beacon that some officials in the Trump administration are walking back the president's promise to reimpose a bevy of new sanctions on Iran that were lifted as part of the nuclear deal.

Read more at: https://freebeacon.com/national-security/congress-goes-war-treasury-department-saving-iranian-financial-access/

Actually in the news the past few days.