Obama admin hid details of multi-million dollar cash payout

New Post Public Reply Private Reply Replies (0) Message Board
PoemStone
Obama admin hid details of multi-million dollar cash payout to Iran from Congress

The Obama administration took steps to withhold from lawmakers the details of a $400 million cash payout to Iran and continues to rebuke inquiries from Congress for information about how another $1.3 billion in taxpayer funds was awarded to the Islamic Republic, according to multiple conversations with congressional sources apprised of the matter.


U.S. officials familiar with the recent transfer of $400 million in hard currency to Iran withheld details of the exchange from Congress during briefings in classified and unclassified settings, the Washington Free Beacon has learned.

The disclosure threatens to complicate efforts by the administration to downplay new reports detailing how U.S. officials used an unmarked aircraft to transfer $400 million in “pallets of cash” to Iran on the same day it freed several U.S. hostages.

Lawmakers and others have claimed for months that the payment was part of a “ransom” aimed at securing the release of the hostages. The White House denies this claim and has said the payment was part of a settlement to resolve decades-old legal disputes with the Islamic Republic.

Nearly eight months after congressional officials demanded a formal accounting of this payment–which amounted to $1.7 billion in total–the administration is still declining to provide lawmakers with the full story, sparking outrage on Capitol Hill.

“It has been seven months since President Obama announced that he was giving the Islamic Republic of Iran almost $2 billion,” Rep. Mike Pompeo (R., Kan.), a member of the House Intelligence Committee, told the Free Beacon on Wednesday. “And we are just now finding out damning details about how $400 million, which is less than half of the total, was sent to Iran using foreign aircraft and foreign currencies.”

Pompeo led several unsuccessful inquiries into the cash payout. He said the administration has been stonewalling efforts to obtain a full readout of the exchange in both classified and unclassified settings since January.

Pompeo expressed anger that the administration is “totally stonewalling congressional inquiries,” while leaving it to the press to unearth the details of the exchange.

“That is far too long of a timeline, especially as it is in the face of the Obama administration totally stonewalling congressional inquiries into this matter since January,” Pompeo said.

“We still do not know how the other $1.3 billion was sent, and we still have three Americans sitting in prisons in Iran,” Pompeo said, explaining that the bulk of the cash to Iran remains shrouded in mystery.

Congressional sources with knowledge of the situation told the Free Beacon that the State Department and other administration officials withheld details regarding the payment for more than three months–and only then provided a barebones accounting of the payout that omitted all mention of the secret cash delivery.

Sources who spoke to the Free Beacon said this was an intentional effort by the administration to keep lawmakers in the dark and prevent them from receiving a full accounting of the $1.7 billion payout.

A timeline centered around these inquires reveals that administration officials stonewalled Congress for months before providing responses that omitted any mention of the hard currency transfer.

Pompeo launched an inquiry seeking further details in January, when the legal settlement was first announced.

By mid-March, the State Department still had not responded, as was first reported by the Free Beacon.

The State Department informed Pompeo later that month in a hand-delivered letter that the information he was seeking was classified.

A classified briefing was held in late April. Sources familiar with the briefing told the Free Beacon that administration officials made no mention of the $400 million cash delivery. This information was only made public when the Wall Street Journal reported it late Monday.

One congressional source working on the issue said that the Obama administration could now spend funds set aside for American victims of terrorism on further payments to Iran.

“This just makes you wonder how far President Obama is willing to go to appease the Iranians,” the source said. “Iran keeps taking American citizens hostage because it knows the administration will cave. It wouldn’t surprise me if the president has authorized negotiations with Iran over the $2 billion that is meant to go to the families of the victims of Iranian terror.”

“Every action this administration has taken toward Iran has been in furtherance of the regime’s interests and at our expense,” the source added. “What else is currently being negotiated between the administration and Iran? The American people deserve to know and they should demand full transparency.”

A second congressional source involved in the issue told the Free Beacon that obfuscation by the administration has become a pattern and practice when it comes to Iran.

“Congress continues to press the Obama administration on every change and new policy regarding Iran,” the source said. “At every turn, we are met with ‘no comment’ and further secrecy, which is why the American people do not like this deal and understand it does not make them safer.”

Another source familiar with the administration’s thinking said that administration efforts to downplay the latest disclosures do no comport with the reality that this payment was part of a secret negotiation.

“The Obama admin is hoping to convince people that there’s nothing new in this scandal,” the source said. “But they can’t convince members of Congress because members know that they weren’t told all the details about this cash payment for hostages. For instance, the administration has refused to fully disclose all the ways in which it has transferred money to Iran all of the time.”
Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Parents Nationwide Rally for Youth Online Safety Imperative

Updated Category News Views 42

Ringing the Alarm on Digital Dangers Like trying to herd cats on a wild day at the market, keeping teens safe online is a task as tricky as they come. And now, with over 20,000 parents joining forces, it seems there's a real demand out there for some much-needed consistency in online safeguards across all social media platforms. This isn't just about one platform or...

Continue Reading
York Space Systems Class Action: Deadline Approaches

Updated Category News Views 66

Rapid Deadline: October 30 Looms for York Space Systems You blink, and you might miss the deadline. We’re just a step away from deadline day in the York Space Systems’ class action lawsuit. If you've got skin in this game, time's not on your side. Shareholders, particularly those who hopped on the York Space train via their IPO back in January 2026, are staring down...

Continue Reading
Stephen A. Smith Calls for Corporate Support of HBCUs

Updated Category News Views 22

A Stand for Education at the White House Stephen A. Smith stirred the pot with his decision to attend a White House dinner, a move that had tongues wagging across the media landscape. But this time, it wasn't about the usual hustle and bustle of the sports world. Smith had his sights set on the big picture, specifically, the long-term financial stability of Historically...

Continue Reading
Likang's Bold Move: Cancer Immunotherapy at AD Summit

Updated Category News Views 10

Cancer Care Takes Center Stage Kicking off with a bang in Abu Dhabi, Likang Life Sciences has made a splash in the world of personalized cancer immunotherapy. The Abu Dhabi Future Health Summit 2026 served as the backdrop for this bold move, lighting up discussions with their AI-enabled innovations. Likang's showing at the Summit wasn't just another walk in the park—it...

Continue Reading
mF International Shuts Down Legacy Business to Focus on BCH

Updated Category News Views 60

mF International's Bold Digital Leap It’s a big move in the financial landscape when a firm decides to shake things up and pivot hard towards the digital frontier. mF International Limited (NASDAQ:MFI) is shutting the door on its legacy financial trading solutions and dedicating itself entirely to the budding world of digital assets. This isn’t just another facelift;...

Continue Reading
Coastal’s Class Action: Credit Missteps Lead to 43% Drop

Updated Category News Views 3

Coastal's Big Misstep: A Costly Setback Hey, when a stock drops like a rock on negative news, it's a sign for those on the sidelines to take note. Coastal Financial Corporation, known by its ticker NASDAQ: CCB, felt the hard slap of market reality when a single-day nosedive shaved off a hefty 43% of its stock value. It's all thanks to a whopper of a securities class...

Continue Reading
Gildan Activewear Faces 18.8% Hit Amid Securities Suit

Updated Category News Views 3

Gildan's Channel Stuffing Allegations If July showers bring August flowers, then what do June allegations bring? A stock nosedive, if you’re Gildan Activewear. Investors woke up June 16, 2026, to a harrowing drop, with shares slipping nearly 19%. It's the kind of gut-punch that makes one wonder if summer vacation is over before it even starts. Jehoshaphat Research...

Continue Reading
Bimbo Bakeries Teamsters Avert Strike in Chicago

Updated Category News Views 48

Teamsters Flex Muscle in Bakery Dispute Sometimes, it's a matter of holding your ground until the last minute. That’s exactly the brand of guts the workers at Bimbo Bakeries in Chicago just displayed, securing a robust agreement mere hours before hitting the picket line. These 275 warehouse and route sales folks threw down the gauntlet with management and,...

Continue Reading
Cboe Clear's US Move: A New Chapter with SEC Nod

Updated Category News Views 85

Clearing the Path for New Beginnings The ink's barely dry on Cboe Clear U.S.'s recent SEC registration, and it's already setting tongues wagging among market old-timers. This move to clear binary securities options alongside futures isn't just a step up; it's a signal flare for ambitious innovation. The Nuts and Bolts: SEC Registration So, what's the big to-do? Cboe Clear...

Continue Reading
Monterey Desalination Project: Costs, Challenges & Future

Updated Category News Views 19

Water Woes Dragging on in Monterey? Alright, let's dive into the nitty-gritty of this water supply saga in the Monterey Peninsula. If you're wondering why California American Water is hustling so hard, it's because the taps around here ain't running like they should. This mess has been stretching on for ages, with everyone thirsty for a sustainable answer. The Cost of...

Continue Reading

Top 5 Most Recently Viewed Articles

Cybersecurity in Healthcare: A Growing Strategic Focus

Updated Category News Views 212

Healthcare Cybersecurity: An Essential Business Strategy As the digital landscape evolves, healthcare organizations face increasingly sophisticated cyber threats. A significant 81% believe that integrating cybersecurity into their core business strategy could enhance operational efficiencies and improve patient outcomes. This shift from a defensive posture to a proactive...

Continue Reading
Shanghai's Vision for a New International Business Landscape

Updated Category News Views 246

Shanghai Unveils an Innovative Business Zone Shanghai is preparing to launch a groundbreaking international business zone adjacent to Pudong airport. This new initiative will provide visa-free access, designed to enhance global connectivity and foster economic openness. This strategic development is expected to start operating by the end of the year, significantly...

Continue Reading
Sable Offshore Investors: Important Legal Updates You Need

Updated Category News Views 290

Understanding the Class Action Lawsuit Against Sable Offshore Corp. Sable Offshore Corp. has recently become the focal point of critical shareholder attention due to ongoing legal proceedings. Investors who have incurred losses exceeding $100,000 should take note of the upcoming deadlines for filing applications to become lead plaintiffs in this prominent class action...

Continue Reading
Johnson Fistel Investigates Possible Breaches by TDS Executives

Updated Category News Views 136

Ongoing Investigation by Johnson Fistel, LLP Johnson Fistel, LLP, a well-regarded law firm specializing in shareholder rights, has recently announced an investigation focusing on possible breaches of fiduciary duties by directors and officers at Telephone and Data Systems, Inc. (NYSE: TDS). This inquiry aims to uncover if the company's board members and executive leaders...

Continue Reading
New Animated Fireworks Safety Campaign Launches Nationwide

Updated Category News Views 86

Promoting Fireworks Safety Awareness The American Pyrotechnics Safety and Education Foundation (APSEF) has unveiled an exciting campaign designed to raise awareness about the safe use of fireworks. With a proactive approach, the foundation has launched a new animated video series entitled "Explosive Mistakes: Don't Be That Guy," targeting common consumer errors and...

Continue Reading