Biden admin sanction waivers give Iran access to billions in funds to keep war efforts going, expert says
The Biden administration has allowed billions in sanctions waivers that benefit Iran, with estimated billions more in unsanctioned oil sales, which allows the Iranian government to continue diverting money to its drone factories and funding proxy groups, an expert told Fox News Digital.
"What happens when you end up releasing that money is that it goes into the general funds, which can then be used in lots of different ways," Jonathan Schanzer, senior vice president for research at the Foundation for Defense of Democracies (FDD), explained.
"If they are using the sanctions relief to fund their general budget, then ultimately [they] are to the benefit of the IRGC because the IRGC partakes in that regular budget," Schanzer said, noting the Biden administration has often argued that any waivers do not ultimately and directly benefit the Iranian military and the Islamic Revolutionary Guard Corps (IRGC).
"Let me put it this way: There is no way to do it without ultimately benefiting the regime and its ultimate objective, which is to fund its malign activities abroad," Schanzer, a former terrorism finance analyst at the U.S. Department of the Treasury noted.
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A State Department spokesperson told Fox News Digital that the Biden administration "has not lifted a single sanction on Iran. Rather, we continue to increase pressure."
"Our extensive sanctions on Iran remain in place, and we continue to enforce them," the spokesperson said. "Over the last three years, the U.S. has sanctioned over 600 individuals and entities connected to the full range of Iran’s problematic and dangerous behaviors, UAV and missile proliferation, terrorism,