Race for the BIG HOUSE: Will Obama Get There Before Hillary?

Is it too late to change those Hillary for Prison 2016 signs to include Obama’s name?

...the sanctions at issue exclude Iran from the U.S. financial system by, among other things, prohibiting Americans and financial institutions from engaging in currency transactions that involve Iran’s government... ...Congress pressed Obama to maintain and enforce anti-terrorism sanctions, which the administration repeatedly committed to do. This commitment was reaffirmed by Obama’s Treasury Department on January 16, 2016, the “Implementation Day” of the JCPOA. Treasury’s published guidance regarding Iran states that, in general, “the clearing of U.S. dollar- or other currency-denominated transactions through the U.S. financial system or involving a U.S. person remain prohibited"... ...But here’s the president’s problem: While he is correct that the sanctions barred him from sending Iran a check or wire transfer, that is not all they forbid — not by a long shot. They also make it illegal to do what he did... ...Section 560.701, which makes clear that willful violations of the regulations constitute serious felony offenses under federal criminal law — punishable by up to 20 years’ imprisonment. Read more: National Reveiw

Which brings us to the latest update:

President Obama’s decision to send $400 million in cash to Iran “appears to violate” federal law banning the shipment “of any goods” to the regime, according to a pair of Republican senators.

Sen. Ted Cruz, R-Texas, and Sen. Mike Lee, R-Utah, want “a full accounting” of the decision to send $400 million in foreign currency to Iran. Obama’s team has justified the shipment as the first installment in repaying $1.7 billion that the United States owes Iran from a transaction that predates the 1979 revolution, but Republicans believe it functioned as a ransom payment for the release of American hostages who were set free in conjunction with the shipment…

…The lawmakers, both of whom worked as Supreme Court clerks, believe they have Obama caught in a dilemma: either the administration must admit that the payment violated the ban on sending money “directly or indirectly” to the regime, or they invoke an exemption to that ban, but also admit that the cash payment was required to secure the release of the hostages.
Read more: Washington Examiner

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