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.”

Late Breaking: Trump-Endorsed Van Epps Defeats Anti-Police Democrat in TN House Race

DOJ sues six states for refusing to turn over voter registration rolls, warns ‘open defiance’ of federal law

DOJ weighing possible new indictments for Comey and James: Reports

Trump-backed Republican keeps crucial congressional seat in GOP hands with special election victory

NYC alleged dine-and-dash influencer Pei Chung evicted from luxury apartment as she sits in jail

Illegal immigrant gang member killed police K-9 ‘Spike’ before officers returned fire in California: source

Indiana redistricting bill clears committee, heads to full House for vote

Young progressive beats out establishment candidate in Jersey City mayoral race, echoing Mamdani

GOP Rep. Elise Stefanik Says She Caught Mike Johnson Telling ‘Lies’ and Secretly ‘Siding with Jamie Raskin’

Breaking: Trump Officially Invalidates All Documents Signed by Biden Autopen, Including Pardons – Fauci, Hunter Biden Now Vulnerable

Watch: The Fieriest Trump Comments in History Just Came Out During Cabinet Meeting – POTUS Utterly Scorched Omar and Somalis, Calling Them ‘Garbage’ from ‘Stinking Country’

Pope Leo urges Trump to de-escalate tensions with Venezuela and turn to dialogue

Trump doubles down on voiding Biden autopen actions, including pardons and commutations

Video: Can You Spot What German Cities Added to Their Christmas Markets After Muslim Migrants Flooded the Country?

Europe Finds Out the Hard Way That Its Green Energy ‘Obsession’ Had Disastrous Consequences

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.