The 2024 hopeful has been aggressive in his comments on the unfolding conflict.
Sen. Tim Scott arrives for the Senate Banking, Housing, and Urban Affairs Committee hearing on"Oversight of the U.S. Securities and Exchange Commission," Sept. 12, 2023, at the Capitol.South Carolina Sen. Tim Scott on Tuesday introduced a bill along with 22 other Republicans and one independent lawmaker to permanently refreeze $6 billion in Iranian oil revenue that was releasedIran is a key sponsor of Hamas, and detractors of the U.S.
Secretary of State Antony Blinken and other officials have pushed back against Scott's argument, noting that the oil revenue, which had been held by South Korea, hasn't yet been spent as part of the prisoner release deal, is designated solely for humanitarian purposes and is subject to strict supervision after being transferred to Qatar.
"We should go a step further. We should be aware of every asset over $5 million in any banking system or financial institution that we can get our hands close to that Iran has," he said.
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