Finance International News Politics

Trump Signs Executive Order Delivering ‘Hard-Hitting’ Sanctions Against Iran

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.”


Federal judge again blocks Trump’s mail ballot order just before midterms
California authorities identify final unknown victim of ‘Happy Face Killer’ Keith Jesperson after 34 years
New York Gov Hochul rejects Trump’s ‘Lake America’ renaming with blunt message
Maine meteorologist suffers giggle attack on live TV after prank backfires spectacularly
Defense Claims Lindsay Clancy ‘Never Did Anything Wrong in Her Life’ in Closing Argument
Report: Trump Admin Nearing ‘Massive’ Venezuelan Oil Deal
RNC threatens legal action against New Jersey officials over noncitizens on voter rolls: ‘On notice’
Social media erupts after cops reportedly raid home of Ilhan Omar’s son: ‘Not a good look’
Gov Shapiro sues Trump administration over ‘lifesaving reproductive care’ in escalating abortion battle
Watch: Hegseth Rights Another Biden Wrong – Upgrades Abbey Gate Heroes’ Awards After Previous Admin Wrongly Downgraded Them
DHS hits back at James Talarico after Democrat claims ICE ‘kidnapped’ 5-year-old boy deported with father
Lutnick stumps for Trump’s Kennedy Center rebrand outside key court hearing
Restaurant Hands Dessert with Painful Birthday Message to Wheelchair-Bound Diner After Kitchen Staffer Misunderstands Instructions
US removes radioactive cancer-treatment material from Central American country over ‘dirty bomb’ risk
Embattled California Democrat to step aside as Dads Caucus chairman
See also  A Bayh-gone era for Indiana Democrats?

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.


Federal judge again blocks Trump’s mail ballot order just before midterms
California authorities identify final unknown victim of ‘Happy Face Killer’ Keith Jesperson after 34 years
New York Gov Hochul rejects Trump’s ‘Lake America’ renaming with blunt message
Maine meteorologist suffers giggle attack on live TV after prank backfires spectacularly
Defense Claims Lindsay Clancy ‘Never Did Anything Wrong in Her Life’ in Closing Argument
Report: Trump Admin Nearing ‘Massive’ Venezuelan Oil Deal
RNC threatens legal action against New Jersey officials over noncitizens on voter rolls: ‘On notice’
Social media erupts after cops reportedly raid home of Ilhan Omar’s son: ‘Not a good look’
Gov Shapiro sues Trump administration over ‘lifesaving reproductive care’ in escalating abortion battle
Watch: Hegseth Rights Another Biden Wrong – Upgrades Abbey Gate Heroes’ Awards After Previous Admin Wrongly Downgraded Them
DHS hits back at James Talarico after Democrat claims ICE ‘kidnapped’ 5-year-old boy deported with father
Lutnick stumps for Trump’s Kennedy Center rebrand outside key court hearing
Restaurant Hands Dessert with Painful Birthday Message to Wheelchair-Bound Diner After Kitchen Staffer Misunderstands Instructions
US removes radioactive cancer-treatment material from Central American country over ‘dirty bomb’ risk
Embattled California Democrat to step aside as Dads Caucus chairman
See also  Dolly Parton dies at age 80

“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.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter