Secretary of State Mike Pompeo and Treasury Secretary Steve Mnuchin announced new sanctions against Iran and its economy, including on eight individuals the officials said were involved in missile strikes on Iraqi bases housing U.S. personnel on Tuesday night.
"We will continue to apply economic sanctions until Iran stops its terrorist activities and commit[s] that it will never have nuclear weapons," Mnuchin said.
Adding details to President Donald Trump's announcement Wednesday that he intended to further sanction Iran, whose goods are already heavily sanctioned, Mnuchin said the president will sign an executive order authorizing new sanctions including 17 against the nation's economy and sanctions against individuals he asserted, "advance Iran's destabilizing activities and were involved in Tuesday's ballistic missile strike." Mnuchin, who last announced sanctions against the Middle Eastern nation in September 2019 after suspected attacks on Saudi Arabian oil facilities, said the administration has "100 percent confidence" that "the economic sanctions are working."
"We want Iran to behave simply like a normal nation," Pompeo told reporters in a White House briefing, saying he believed sanctions will help accomplish that goal. He added, "We're striking at the heart of the Islamic Republic's inner security apparatus."
Pompeo was pressed by reporters on the timing of attacks the president initially said were "imminent." The administration has been inconsistent in justification for the drone strike on Jan. 3 that killed Iranian top military commander Gen. Qassem Soleimani. In the past 24 hours, Trump said "they were looking to blow up our embassy," which the administration later explained he was referencing the storming of the Baghdad embassy on New Year's Eve. Though the Department of Defense had stated that the general had been "actively developing plans" to attack Americans in the region, Pompeo told Fox last night "we don't know precisely when and we don't know precisely where."
On Friday morning, Pompeo attempted to clarify the differing accounts, saying "we had specific information on an imminent threat and those included attacks on U.S. embassies. Period. Full stop."
Justification for the drone strike has had lawmakers up in arms for days, exacerbated by the five days it took the White House to brief Congressional leaders, a meeting two Republican Senators had excoriated as unacceptable and had them saying they would vote with Democrats in a war powers resolution.
Pompeo repeated this morning that Soleimani had been planning "a broad, large-scale attack against American interests," including U.S. embassies and bases in the region, and reiterated reports from the U.S. and its allies that the Ukrainian passenger jet that crashed after its takeoff in Iran, just hours after Iran had sent a retaliatory missile barrage at Americans housed in Iraqi bases, was "likely" shot down by an Iranian missile.
"When we get the results of that investigation, I am confident we and the rest of the world will take appropriate action," Pompeo said.
After 40 years of tension came to a head last month with the death of an American contractor, storming of the American embassy in Baghdad, and the killing of Soleimani, lawmakers worried the president had taken the U.S. to the brink of war with the Iran. On Jan. 8, Trump said Iran appeared to "be standing down" after its missile attack response.
As Russia continues to wage war in Ukraine, 10 million of its citizens have fled their homes according to the UN, with more and more refugees flooding into other European countries. Nancy Dent, senior global communications officer for Europe and Asia at the aid group International Rescue Committee, joined Cheddar News to discuss the deteriorating conditions. “What's really clear from my time at the border today, in particular, is that people really are fleeing for their lives now," she said. "Two million people, 60 percent of the refugee population from Ukraine is now in Poland, and people are arriving with smaller bags really unprepared."
Will Larkins, president and co-founder of Winter Park High School's Queer Student Union and one of the organizers of its
'Say Gay Anyway' walkout, joined Cheddar News to discuss their recent opinion piece for The New York Times titled "Florida's 'Don't Say Gay' Bill Will Hurt Teens Like Me."
Russia's military advances in Ukraine appear to have stalled, as heavy casualties, equipment losses, and a lack of progress on the ground take a toll. Despite the horrific damage caused by the attack, Ukraine's military has held up better than many experts predicted. Elliot Ackerman, author and Marine Corps Veteran, joined Cheddar's Opening Bell to discuss why Ukraine's defense response been such a surprise, and what a stalemate in the war might look like.
Catching you up on what you Need to Know on Mar 21, 2022, with updates on the Russian invasion in Ukraine, a Boeing 737-800 plane carrying 132 people crashed in China, Canadian Pacific rail workers on strike, another possible COVID surge, and the SEC's new climate rules for businesses.
Judge Ketanji Brown Jackson has told senators that she will defend the Constitution and decide cases “without fear or favor” if she is confirmed to the Supreme Court.
David Stryzewski, CEO of Sound Planning Group, joins Cheddar News' Closing Bell, where he says he believes pent-up demand is driving stocks higher and explains how Wednesday's Fed decision continues to impact investor sentiment.
Rachel Thomas, the co-founder and CEO of the non-profit Lean In, joined Cheddar amid Women's History Month, to discuss how the organization is taking on issues that continue to impact the workplace through its Circles program. "These are a program that brings women together in small groups, usually 8 to 12, for support, camaraderie, and to learn together," she said. "We also we have a lot of curriculum so women can learn how to navigate workplace biases, how to negotiate with women." Thomas also applauded President Biden's recent call to action on equal pay for women, noting that businesses must do more to be cognizant of inherent gender and racial biases.
President Joe Biden and China’s Xi Jinping spoke Friday for nearly two hours via a video call as the White House looks to deter Beijing from providing military or economic assistance for Russia’s invasion of Ukraine.
The Senate has passed the Sunshine Protection Act to permanently set U.S. clocks to daylight saving time — meaning you won't need to change them twice a year. Senator Sheldon Whitehouse (D-R.I.) joined Cheddar News to talk about something that hasn't been changed in almost half a century. “Well, I think if you were to start from scratch and have somebody come in and say here's my idea, we're going to have two different times during the year and you're going to shift back and forth between different times and have to reset all your clocks twice a year, you'd probably throw that person out as like having a screw loose," he said regarding the status quo.
