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.”

Mamdani expected to face legal trouble over PETA-backed horse carriage ban

Slotkin’s viral ‘threat’ to conservatives takes new twist as student moves to hold her accountable: ‘Shocking’

Breaking: High-Ranking Virginia Dem Arrested on Drug Trafficking, Money Laundering Charges

Alleged sham marriage ‘mastermind’ caught on video saying sanctuary state is ‘best place’ for illegals

ICE Calls Out Virginia County for Protecting Illegal Alien Child Predators

Fox News ‘Antisemitism Exposed’ Newsletter: French Jews forced into hiding as rioters terrorize streets

Man arrested for threatening another female lawmaker in Australia

Why Banks Are Suddenly Competing to Pause Your 21% Interest Into 2028

Report: Minnesota Dem Senate Nominee Spent Taxpayer Money to Teach Junkies How to Shove Drugs Up Their Posteriors

Rep Keith Self targeted in alleged assassination plot by Texas teen: report

House Dem leader’s attack on voter ID comes back to haunt him after election fraud bust in his home state

Report: Foreign National Accused of Running Over Teen and Leaving Him to Die Was Given Visa by Biden Admin

The Senate GOP’s midterm lifeline lies in an unlikely place

Abortion, ICE and socialism spark fireworks in swing state governor debate: 5 top moments

Kansas Senate rivals distance themselves from party leaders in fiery debate

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.