The moves are based on the belief that Iran is financially supporting Hamas.
The Treasury’s Office of Foreign Assets Control announced a third round of sanctions against Hamas-affiliated officials and entities last week, this time in coordination with similar sanctions imposed by the United Kingdom. The sanctions have been implemented to protect the international financial system from abuse by Hamas and Palestinian Islamic Jihad.
“The United States will continue to work with our partners, including the U.K., to deny Hamas the ability to raise and use funds to carry out its atrocities,” said Secretary of the Treasury Janet L. Yellen. “Hamas’s actions have caused immense suffering and shown that terrorism does not occur in isolation. Together with our partners we are decisively moving to degrade Hamas’s financial infrastructure, cut them off from outside funding, and block the new funding channels they seek to finance their heinous acts.”
As the Lord Leads, Pray with Us…
- For Treasury Secretary Yellen as she coordinates with foreign financial leaders to deter the financial operations that support terrorism.
- For Under Secretary Brian Nelson as he heads the Office of Terrorism and Financial Intelligence.
- For wisdom for Director Andrea Gacki as she oversees the Office of Foreign Assets Control.
Sources: AP, Department of the Treas
