To: gg cox who wrote (215215 ) 6/24/2025 10:44:40 AM From: Pogeu Mahone Respond to of 217574 Obama and Biden for the dumbest political moves ever made by The United States: 1. The Obama administration transferred $1.7 billion in cash to Iran in 2016, in two separate payments of $400 million and $1.3 billion. However, this cash was not U.S. dollars, but rather a combination of Swiss francs, euros, and other foreign currencies. The Obama administration stated that the use of cash was necessary because of the effectiveness of sanctions that had isolated Iran from the international financial system. The administration asserted these payments were a reimbursement for military equipment purchased by Iran in the 1970s that was never delivered. While the administration initially claimed the payments were unrelated to the release of American prisoners held in Iran, they later acknowledged that the timing of the first payment was used as leverage to ensure the prisoners' release. This raised concerns about whether the payments constituted a ransom. 2. How much cash did president Biden give to Iran? The Biden administration facilitated the transfer of $6 billion in frozen Iranian funds as part of a prisoner swap deal in September 2023. This money, representing Iranian oil revenue that had been frozen in South Korean banks since 2019, was transferred to a restricted account in Qatar's central bank and is intended to be used only for humanitarian purposes like purchasing food, medicine, and medical devices. The US government does not consider this to be a direct cash payment or a ransom payment. In addition to this, the Biden administration has also issued sanctions waivers allowing Iran to access another $10 billion in previously frozen funds from Iraq. This money can be used for importing goods and repaying debts. Important to note: The $6 billion remains in Qatar and has not been disbursed to Iran. The US government maintains that the $6 billion is limited to humanitarian purposes. Critics argue that freeing up these funds is controversial and may free up money that Iran can then use for other purposes, including supporting terrorism. The Biden administration contends that allowing access to these funds is necessary for humanitarian trade and to facilitate the release of US citizens. The Biden administration also allowed Iran to access $10 billion held in Iraq as payment for natural gas purchases.