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Iran ‘Ransom:’ U.S. Delayed Cash Until Prisoners Freed

TEL AVIV – U.S. officials and others briefed on the operation have provided new details about the transfer of $400 million in cash to Tehran earlier this year, depicting what the Wall Street Journal has described as a “tightly scripted

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Iran ‘Ransom’ Mystery Deepens – Feds Won’t Divulge Timing of Critical $1.3 Billion Payment

After refusing to divulge how the payment was transferred, the State Department has now refused to answer repeated requests about when it sent to Iran a sum of $1.3 billion, which was part of the same settlement for which the Obama administration delivered $400 million in pallets of foreign currency flown aboard an unmarked jetliner in January. The cash was flown in the same day five American hostages were released from Iranian custody.

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Obama May Allow Foreign Governments to Use Dollars for Business with Iran

The Obama administration is reportedly considering more concessions to Iran, possibly including the Treasury Department issuing a license that would “permit offshore financial institutions to access dollars for foreign currency trades in support of legitimate business with Iran, a practice that is currently illegal,” as the Associated Press describes it.

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Iran Media: ‘Jewish Neocons’ Behind New Obama Sanctions

An “investigative journalist” on Iran’s state-run PressTV Monday claimed to have discovered why the Obama Administration is both offering sanctions relief to the Ayatollah’s Islamic Republic while also imposing a new round of sanctions on Tehran: “Jewish neocons.”

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Lois Lerner Hard Drive Damaged by ‘Impact’; Inept Workers Blamed for Deleting Data

“Investigators are blaming two IRS workers at a computer center in West Virginia for erasing thousands of emails related to the tax agency’s tea party scandal, impeding congressional investigations into the treatment of conservative political groups,” reports the Associated Press. “The workers might be incompetent, a lead investigator said Thursday, but there is no evidence they were part of a criminal conspiracy to destroy evidence.”

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Alexander-the-Not-So-Great: Hamilton Out on $10 Bill

The ongoing Women on the 20s campaign has been putting pressure on President Barack Obama and Treasury Secretary Jack Lew to Remove Andrew Jackson from the $20 bill. However, it turns out that the United States Treasury Department had another target: Alexander Hamilton. While removing Jackson from our nation’s currency would be a travesty, diminishing Hamilton is a disgrace.

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Obamacare Tax Penalty to Hit Millions

Treasury officials have announced that 3-6 million people will be forced to pay the Obamacare tax penalty for not having health insurance in 2014. This is the first time the Treasury Department has given such an estimate.

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Elizabeth Warren Bests Obama on Treasury Department Nominee

Sen. Elizabeth Warren (D-MA) is strongly opposed to Lazard investment banker Antonio Weiss getting a senior spot with the US Treasury Department. To avoid a bruising confirmation that may have bolstered Warren’s profile at the expense of the Obama White House, Weiss has asked that his name be withdrawn and is settling for a less lofty spot.

AP Photo/Charles Dharapak

Progressive Group: ‘Stand with Warren Against Obama’

A progressive group founded by Harvard Law professor Lawrence Lessig is calling on Democrats to “stand with Warren against Obama” in opposing Obama’s nomination of Wall Street executive Antonio Weiss — a man who helped raise big bucks for Obama’s political campaigns.

REUTERS/GARY CAMERON

Democrats Blast Obama’s Bundler-Turned-Treasury Nominee

Sen. Al Franken (D-MN) has joined ranks with other progressives like Sen. Elizabeth Warren (D-MA) to blast President Barack Obama’s nomination of Antonio Weiss as the Treasury undersecretary for domestic finance–a big money banker and one of Obama’s top campaign bundlers.

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