Biden Admin Sanctions Suspected Houthi Funding Network Under Counterterrorism Authority

The Biden administration has begun deliberations to redesignate the Houthis as a foreign terrorist organization, amid the recent attacks on Red Sea shipping.
Biden Admin Sanctions Suspected Houthi Funding Network Under Counterterrorism Authority
Yemen's Houthi fighters' takeover of the Galaxy Leader Cargo in the Red Sea coast off Hudaydah in the Red Sea, Yemen, on Nov. 20, 2023. Houthi Movement via Getty Images
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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.

Ryan Morgan
Ryan Morgan
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Ryan Morgan is a reporter for The Epoch Times focusing on military and foreign affairs.
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