President Obama’s Iran policy can be summed up in four words: All carrots, no sticks. Endless carrots, too — even ones his team told Congress the Iranians would never get. In the drive for Senate approval of Obama’s nuclear deal with Iran, the administration repeatedly said Tehran would be denied access to the US financial system. Looks like it’s about to get it after all.
The move would not only give Iran financial resources well beyond the $150 billion it’s already pocketed under the nuke deal, it would also leave all the remaining economic sanctions in tatters. The Associated Press reports the administration is getting set to open new sanctions-relief doors — including long-forbidden access to US markets. Asked about it, the Treasury Department responds only that it continues to “analyze the sanctions lifting.” FULL REPORT