Biden Administration Denies $6 Billion Prisoner Swap Funded Terror Attack in Israel

The Biden administration pushed back on claims that a $6 billion prisoner swap with Iran last month helped fund the recent terrorist attack in Israel by Hamas militants. Republicans have criticized the administration for releasing these funds to Iran. As part of the prisoner swap, $6 billion in Iranian oil assets that were held in South Korea were transferred. However, the Biden administration says this money is still in restricted accounts in Qatar and that it can only be used for humanitarian purchases, with U.S. oversight on spending.