President Trump struck back Monday at Iran by issuing “hard-hitting” financial sanctions against Supreme Leader Ayatollah Ali Khamenei and his associates.
“Today’s action follows a series of aggressive behaviors by the Iranian regime in recent weeks including shooting down a U.S. drone,” the president said in the Oval Office, calling Khamenei “responsible for the hostile conduct of the regime.”
Trump said the sanctions “will deny the supreme leader and the supreme leader’s office and those closely affiliated with him and the office access to key financial resources and support.” Speaking to reporters in the White House briefing room Monday, Treasury Secretary Steven Mnuchin said the sanctions “lock up literally billions of dollars more of assets.”
“Along with that action today, we are also announcing specific actions targeting those responsible for recent activities,” Mnuchin said, adding that the president has instructed him to sanction Iran’s Foreign Minister Javad Zarif “later this week.”
The Treasury Department, in a news release, said “any foreign financial institution that knowingly facilitates a significant financial transaction for entities designated under this Executive Order could be cut off from the U.S. financial system.”
WATCH: Cory Booker unleashes fiery call for ‘foot soldiers’ at Michigan Dem conference
Leaked memos reveal how Supreme Court steamrolled Obama climate plan in 2016 showdown
Trump Disputes His Energy Secretary’s Assessment of Gas Prices: ‘He’s Wrong on That’
Nancy Mace Calls for ‘Immediate’ Expulsion of Fellow House Republican: ‘The Worst Kind of Pond Scum’
Repeat offender released early from jail now charged with capital murder of pregnant woman
Trump and Johnson to hold Virginia tele-rally against Spanberger’s gerrymander
Who is Joseph diGenova Reagan-era prosecutor tapped to lead ‘grand conspiracy’ investigation
Mob of teens chases college student into campus dorm, unleashes violent attack as police hunt suspects
Eight children dead in Louisiana domestic violence killing spree: What to know
Texas AG Paxton sues Dem fundraising platform ActBlue, alleging ‘fraudulent and foreign donations’
Bernie-backed Dem’s pro-gun Clint Eastwood post, Kaepernick critique spurs apology in battleground race
Watch Patel on Bartiromo: ‘I Can Announce’ Arrests Are Coming in Stolen 2020 Election Case – ‘Stay Tuned This Week’
Trump Reveals JD Vance and His Negotiating Team ‘Heading Over’ for Second Round of Iran Talks
WATCH: Houston faces $110M hit as Texas gov lays down law on ‘sanctuary’ policies
Left-wing activists heckle pro-Israel Democrat Haley Stevens at Michigan convention
Amid the newly announced sanctions, Fox News has confirmed that the U.S. military also carried out a cyberattack against Iran last Thursday even as the president nixed plans for airstrikes in response to the downing of an American drone.
Sources said U.S. Cyber Command launched the cyberattack targeting the Iranian intelligence and radar installations used to down the U.S. Navy drone last week.
Fox News has learned Iran shut off some of its military radar sites around the time the U.S. was poised to launch retaliatory strikes. It’s not clear if those radar sites were turned off by the cyberattack or if Iran shut them off deliberately in anticipation of this.
Yahoo! News first reported on the retaliatory cyber strike. It came as the White House and Pentagon were also considering military strikes, but Trump revealed last Friday that he called them off after learning up to 150 Iranians could be killed.
WATCH: Cory Booker unleashes fiery call for ‘foot soldiers’ at Michigan Dem conference
Leaked memos reveal how Supreme Court steamrolled Obama climate plan in 2016 showdown
Trump Disputes His Energy Secretary’s Assessment of Gas Prices: ‘He’s Wrong on That’
Nancy Mace Calls for ‘Immediate’ Expulsion of Fellow House Republican: ‘The Worst Kind of Pond Scum’
Repeat offender released early from jail now charged with capital murder of pregnant woman
Trump and Johnson to hold Virginia tele-rally against Spanberger’s gerrymander
Who is Joseph diGenova Reagan-era prosecutor tapped to lead ‘grand conspiracy’ investigation
Mob of teens chases college student into campus dorm, unleashes violent attack as police hunt suspects
Eight children dead in Louisiana domestic violence killing spree: What to know
Texas AG Paxton sues Dem fundraising platform ActBlue, alleging ‘fraudulent and foreign donations’
Bernie-backed Dem’s pro-gun Clint Eastwood post, Kaepernick critique spurs apology in battleground race
Watch Patel on Bartiromo: ‘I Can Announce’ Arrests Are Coming in Stolen 2020 Election Case – ‘Stay Tuned This Week’
Trump Reveals JD Vance and His Negotiating Team ‘Heading Over’ for Second Round of Iran Talks
WATCH: Houston faces $110M hit as Texas gov lays down law on ‘sanctuary’ policies
Left-wing activists heckle pro-Israel Democrat Haley Stevens at Michigan convention
“I stopped it, not … proportionate to shooting down an unmanned drone,” he tweeted at the time.
The drone shoot-down was only the latest flare-up in the region tied to Iran.
In recent weeks, six oil tankers have been attacked in the Gulf of Oman, which the U.S. and its Gulf allies blame on Iran.
Story cited here.
