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.”

College students accused of turning popular beach town into booze-soaked free-for-all in takeover chaos

Single Chart Shows DNC’s Downfall Among the American Electorate Since 2009

Man arrested for allegedly hurling beer keg through window of famous Georgetown Cupcake bakery

Sanders caught on camera snapping at reporter over Platner’s posts: ‘Get a better job’

Former Detroit mayor blows governor’s race wide open in surprise move

Trump Admin Moves to Supercharge Deportations with Unprecedented Immigration Judge Addition

NASCAR Star Kyle Busch Hospitalized with ‘Severe’ Medical Issue

Senate Republicans Deal a Serious Blow to Trump’s White House Ballroom Project

RNC legal victory clears North Carolina voter roll purge of noncitiznes through jury responses

Rep. Jim Jordan asks whether Southern Poverty Law Center paid Jan. 6 confidential sources

‘Seattle can’t survive this’: Critics hammer socialist mayor after Starbucks reversal

Zohran Mamdani announces $50 World Cup tickets for New Yorkers

Wall Street banks helped Chinese military-linked firm raise billions despite red flags, lawmakers find

Republicans recoil as Trump’s billion-dollar DOJ ‘slush fund’ for allies threatens ICE, Border Patrol plan

Manhunt underway after woman allegedly assaulted inside Harvard dorm, suspect spotted at MIT: officials

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.