Treasury Imposes More Hamas-Related Sanctions

The department marks the anniversary of October 7th by sanctioning the terrorist group’s funding network.

The Treasury Department imposed sanctions against parts of Hamas’ funding network on Monday, the one-year anniversary of the attack against Israel. The terrorists still hold hostages in Gaza from the attack in which they killed 1,200 people.

The sanctions target three individuals and one “sham charity,” all of which have alleged ties to Hamas fundraising operations. The Treasury also targeted the Al-Intaj Bank in Gaza, as well as a Yemeni national supporting Hamas with nine of his businesses.

“As we mark one year since Hamas’s brutal terrorist attack, Treasury will continue relentlessly degrading the ability of Hamas and other destabilizing Iranian proxies to finance their operations and carry out additional violent acts,” Treasury Secretary Janet Yellen stated. “The Treasury Department will use all available tools at our disposal to hold Hamas and its enablers accountable, including those who seek to exploit the situation to secure additional sources of revenue.”

As the Lord Leads, Pray with Us…

  • For U.S. treasury officials as they assess the entities and individuals supporting terrorism.
  • For discernment for Secretary Yellen as she oversees the department and its actions.

Sources: VOA News, UPI News

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