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.”

One Day After Cancelling July 4 Fireworks, Buffalo, NY, Celebrates Somali Independence Day

‘Young Washington’ Delivers Revolutionary Hit for Angel Studios Honoring America’s 250th Birthday

Ex-Obama advisor mocked after questioning Chicago’s response to unconscious man: ‘Own a mirror?’

Secret Service missed ‘multiple opportunities’ to prevent Trump assassination attempt: watchdog

Watch: Young Americans Turn National Mall Into Wild Celebration of Patriotism as US Scores Big World Cup Win

Before 1776: Rediscovering America’s first chapter at Jamestown

Watch: Pete Hegseth Skewers ‘Blinded by Ideology’ Protesters Who Interrupted Moment of Silence for Fallen Soldier

Secret Service debuts new badge for all personnel: ‘Represents unity’

Thunderbirds to race cars: Inside Horsepower of America at the Great American State Fair

Video shows moments before Army veteran was fatally shot in Walmart parking lot dispute

WWII pilot missing after secret spy mission finally accounted for more than 80 years later

Trump’s ‘hero’ justice offers roadmap after Supreme Court rejects birthright order

Former KKK Grand Wizard praises Mamdani-endorsed socialist’s stance on interracial marriage

Rep. Anna Paulina Luna Declares War on the Senate Over SAVE America Act

MUST SEE: The Moment Actual Rough Riders Escort Trump’s Motorcade to the Teddy Roosevelt Library

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.