A Senate report has charged that the Obama administration secretly tried to give Iran access to the U.S. financial system, violated U.S. law in doing so, and then lied to Congress and the American people about the matter. It says the Obama administration acted to help the Iranians out of a belief that they were bound by the terms of the nuclear deal with Iran, formally known as the Joint Comprehensive Plan of Action (JCPOA).
The Senate report concentrates on efforts by the U.S. Treasury Department to aid Iran in transferring $5.7 billion in assets out of an Omani bank to Iran. To facilitate this transfer, the Treasury in February 2016 issued a specific license to Iran allowing these transactions.
