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Wednesday, December 4, 2024

Webster Votes to Prevent Iran from Accessing Frozen Funds

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Congressman Daniel Webster | Congressman Daniel Webster Website

Congressman Daniel Webster | Congressman Daniel Webster Website

Washington, D.C. - Florida Congressman Daniel Webster, R-Clermont, has taken a strong stance against Iran's support for terrorism by voting in favor of H.R. 5961, the No Funds for Iranian Terrorism Act. This legislation aims to prevent Iran from accessing the $6 billion in assets held by Qatar.

In a statement, Rep. Webster highlighted the importance of freezing these funds to undermine Iran's ability to support terrorist organizations. He stated, "As the world's largest state-sponsor of terrorism, Iran is a proven opponent of U.S. interests, international security, and universal values of liberty. This legislation ensures that these funds are frozen, preventing billions of dollars from reaching Iran and being used to support terrorist organizations."

The urgency of this issue became even more apparent following the deadly terrorist attacks in Israel on October 7th, which were carried out by Iranian-backed Hamas terrorists. Rep. Webster and his colleagues immediately took action to prevent Iran from accessing the unfrozen funds, which were released by the Biden Administration on September 11, 2023.

The No Funds for Iranian Terrorism Act requires the President to impose immediate sanctions on any foreign financial institution that engages in a transaction using or involving the Iranian assets held by Qatar. This measure aims to cut off Iran's financial resources and disrupt their ability to finance terrorist activities.

The international community has long recognized Iran's role in sponsoring terrorism. By freezing these funds, the United States and its allies aim to send a clear message that there will be consequences for those who support and fund terrorism.

The passage of H.R. 5961 demonstrates the commitment of lawmakers like Rep. Webster to protect national security and promote global stability. By preventing Iran from accessing these frozen funds, the United States takes a proactive stance in the fight against terrorism.

With this legislation, Rep. Webster and his colleagues send a strong message to Iran and the world that the United States will not tolerate the financing of terrorism. As the threat of terrorism continues to persist, it is crucial that countries work together to disrupt the financial networks that enable these nefarious activities.

The No Funds for Iranian Terrorism Act is a significant step towards achieving this goal, and it represents a united front against Iran's support for terrorist organizations. As the bill progresses, it is expected that more lawmakers will join Rep. Webster in supporting measures that prioritize national security and the safety of the American people.

For additional details, please follow this link: https://webster.house.gov/press-releases?ID=6D82EE1A-7947-4230-AF2B-D5F736882323

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