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.”

IRS confirms Trump-ordered $1,776 ‘Warrior Dividend’ for 1.45M troops is tax-free

Michael Cohen says NY prosecutors ‘pressured and coerced’ him into anti-Trump testimony

Illegal alien with 24 convictions among ‘worst of the worst’ arrested in Minnesota ICE operation: DHS

CNN Forced to Admit Trump’s Efforts Have Already Had a ‘Huge’ Impact on Housing Affordability

Mother of Hunter Biden’s Youngest Daughter Asks Judge to Jail Him for ‘Ghosting’ Girl

Elderly Man Sues McDonald’s, Says Staff Failed to Act Before Wife Was Killed by Vagrant in Unprovoked Drive-Thru Attack

Schumer reveals ‘bipartisan’ plans to reverse DOGE cuts as lawmakers work through funding push

Cat caught on camera starting dangerous kitchen fire after jumping on stove and turning on burner

Mamdani announces $2.1M settlement with major landlord as tenants describe ‘nightmare’ conditions

Utah County accuses Tyler Robinson legal team of ‘ambush’ effort to disqualify prosecutors

Tyler Robinson Seeks to Upend Case by Getting Prosecutors Disqualified

DOJ urges judge to reject lawmakers’ bid for special master in Epstein files dispute

Cancer-stricken children urge Bernie Sanders to back life-saving pediatric healthcare bill

Hunter Biden accused of ghosting daughter with Lunden Roberts and violating child support agreement

Colbert Reminds Us Why He Was Canceled, Smears ICE Agents as ‘Masked Goons’ Who Are ‘Victimizing’ Minnesota

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.