Treasury Official Grilled Over Iran Sanction Waivers at Senate Hearing

Republicans upset over Biden administration easing sanctions on Venezuela and issuing waivers to Iran.
Treasury Official Grilled Over Iran Sanction Waivers at Senate Hearing
Sen. John Kennedy (R-La.) during a hearing on Capitol Hill in Washington on March 29, 2023. Kevin Dietsch/Getty Images
Andrew Moran
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The White House is “quoting Socrates in the middle of a bar fight” as the current administration attempts to manage geopolitical strife in the Middle East and Central America while easing sanctions and issuing waivers to enemy regimes, says Sen. John Kennedy (R-La.).

Deputy Treasury Secretary Adewale Adeyemo appeared before the Senate Banking Committee to discuss his department’s efforts to fight illicit financing and terrorism and curb sanctions evasion.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."