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.”

Trump hails America as ‘most exceptional nation ever to exist’ in Mount Rushmore speech

Trump warns of ‘resurgence of the Communist menace’ during Mount Rushmore America 250 speech

Mamdani Trashes USA on Eve of July 4th as Land of Inequality, Racial Bias

WATCH LIVE: Trump gives Independence Day eve speech at Mount Rushmore

Fourth of July app guides spectators through nine-hour air show from NASA jets to B-1 bombers

Three dead, 7 rescued in boating tragedy as severe holiday weekend storm ravages Wisconsin tourist hot spot

Watch: Tokyo, Japan, Puts Blue States, Cities to Shame with July 4th Celebration

Trump grants pardons to ‘persecuted’ mechanics in right-to-repair crackdown: ‘I am setting them all free’

Police swarm Michigan shopping center after ‘significant’ shooting incident; at least 2 dead

US military deploys MTVRs, airlifts aid to Venezuela following deadly earthquakes

UPDATE: Strange Findings – DHS Investigators Release Report on Secret Service Failures at Butler Assassination Attempt

Op-Ed: Make Colombia Free Again, Bring Us Back to Our Judeo-Christian Roots

Who Should Be Held Accountable for Climate Alarmism?

Mamdani blasts ICE agents, Elon Musk and ‘supremacy’ in America 250 speech ahead of July 4 weekend

Trump DOJ Sues Gavin Newsom’s California Over Glock Ban

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.