Schiff Blasts U.S.-Iran Deal Over $24 Billion Asset Release and $300 Billion Fund
Updated
Updated · KCRA Sacramento · Jun 21
Schiff Blasts U.S.-Iran Deal Over $24 Billion Asset Release and $300 Billion Fund
3 articles · Updated · KCRA Sacramento · Jun 21
Summary
$24 billion in unfrozen assets and a $300 billion reconstruction fund for Iran drew Adam Schiff's sharpest criticism, with the senator calling the newly signed U.S.-Iran peace agreement a bipartisan shock and a capitulation.
Schiff said the U.S. gets little beyond Iran's renewed pledge not to build a nuclear weapon, while the deal preserves Iran's missile capability, relaxes sanctions and may let Tehran charge Strait passage tolls after 60 days.
Capitol Hill scrutiny could become the next fight: Schiff said Republicans may avoid hearings because the agreement is hard to defend, and Democrats could stage shadow hearings if formal oversight stalls.
In the same interview, Schiff also cast the DOJ's investigation involving Gov. Gavin Newsom as likely political, attacked moves against California clean-air waivers, and promoted bipartisan farm bills to aid produce sales and equipment upgrades.