The U.S. Treasury Department under the Biden administration has used a counterterrorism authority to sanction a suspected Iran-linked network funding the Islamist Houthi rebel movement in Yemen even as the administration is still deliberating whether to redesignate the Houthis as a terrorist organization.
On Thursday, the Treasury Department’s Office of Foreign Assets Control (OFAC) designated Nabil Ali Ahmed Al-Hadha for sanctions. Mr. Al-Hadha is the president of the Currency Exchangers Association in the Yemeni capital city of Sana'a, which is currently controlled by the Houthis.