Treasury Department Addresses Concerns Over Iranian Funding Activities

The U.S. Treasury Department building is shown at dusk in Washington on June 6, 2019. The U.S. on Tuesday, Dec. 5, 2023, imposed sanctions on a Belgian involved in procuring electronics for the Russia

The Treasury Department recently acknowledged that funds sent directly to Iran are used to finance the 'violent' activities of Iran’s Revolutionary Guard Corps before being allocated for the country's people and humanitarian aid. This revelation has prompted Sen. Tim Scott to seek clarification from Treasury Secretary Janet Yellen following Deputy Secretary Adewale Adeyemo's testimony on Iran's utilization of humanitarian aid.

Adeyemo highlighted the Iranian regime's tendency to prioritize the Revolutionary Guard Corps over the well-being of its citizens, stating that any dollar received by Iran is channeled towards violent activities rather than addressing the needs of the population. Consequently, Adeyemo emphasized that minimal humanitarian funds are actually utilized for their intended purposes due to the regime's neglect of its people.