Obama set to release $150-billion Iranian assets as US Senate fails to block nuke deal

US President Barack Obama is all set to implement the highly controversial Iran nuclear deal, including the release to Tehran of $150 billion worth of frozen Iranian assets, after the US Senate failed to pass a resolution of disapproval to block the measure before the weekend.

Critics fear that Iran would use its recovered assets to boost financing to terrorist movements in the region.

US Secretary of State John Kerry has appointed Ambassador Stephen Mull "as lead coordinator for Iran Nuclear Implementation" after the 60-day congressional review period lapsed.

Kerry said Mull "will lead the interagency effort to ensure that the nuclear steps Iran committed to in the JCPOA [Joint Comprehensive Plan of Action] are fully implemented and verified, and that we and our partners are taking reciprocal action on sanctions, following the nuclear steps."

Mull is the US ambassador to Poland and served as executive secretary at the State Department from 2010 to 2012. He also served as senior advisor to then-Undersecretary of State for Political Affairs William Burns and worked on issues related to Iran's nuclear programme.

He played a key role "in designing United Nations Security Council Resolution 1929, which imposed additional nuclear-related sanctions on Iran, and marshalling support for its adoption by the Council."

The review period expired on Thursday, according to Newsmax, as Republican lawmakers failed for a third time to end the filibuster by Democrats.

The deal between Iran and the US and five other countries would give Iran $150 billion that has been held up through sanctions.

Although the way has been cleared for the implementation of the deal, Senate Majority Leader Mitch McConnell's spokesman said "the Iran issue is not going away," adding that the deal will "likely will be revisited by the next commander-in-chief."

House Speaker John Boehner said he's mulling on legal action to block the deal.

Israeli Prime Minister Benjamin Netanyahu told Congress last March that the deal was a "countdown to a potential nuclear nightmare" by a country that "will always be an enemy of America."

The compliance date for the agreement is on Oct. 18 as President Obama starts issuing waiver on sanctions that would not occur unless the International Atomic Energy Agency (IAEA) verifies Iran's full compliance.

The European Union would also end ban on imports of Iranian oil.

President Obama will instruct the State Department, the Treasury Department and other US agencies to lay the groundwork in lifting sanctions against Iran.

Iran's compliance will end UN penalties although some will remain, including an arms embargo that will last five years, a ballistic missile technology ban for up to eight years, and a ban on transferring any unauthorised nuclear goods for a decade.

50% OFF
All-Weather HDPE Plastic Adirondack Chair with Cup Holder – Navy Blue
$70 $139.99
50% OFF
7-Color LED Red Light Therapy Mask for Face and Anti-Aging
$29.99 $59.99
49% OFF
Cordless Vacuum Cleaner - 480W/45Kpa Powerful Stick Vacuum with LED Smart Touch Screen
$55.99 $109.99
20% OFF
Hypoallergenic Pet Wipes for Dogs & Cats - 400 Count Extra Large Coconut Scented Grooming Wipes
$24.79 $30.99
49% OFF
MANSPOT Electric Pubic Hair Trimmer - Waterproof Body and Groin Shaver for Men and Women (Black)
$20.39 $40
25% OFF
Lick-Safe Dog Paw and Nose Balm Stick - All-Natural Moisturizer with Coconut Oil for Dry, Cracked Pads and Snout
$11.69 $15.59
77% OFF
Men's Quick Dry Moisture Wicking Polo Shirt - High Elasticity Slim Fit Athletic Top (Runs Small)
$6.99 $29.99
46% OFF
Men's Running Shorts with Zipper Pockets - Lightweight, Quick-Dry, Multi-Sport
$12.95 $23.99
50% OFF
NEWFAST NF-RE523 AC1200 WiFi Extender - 1200Mbps Dual Band Signal Booster & Internet Repeater
$18.5 $36.99
48% OFF
G Gradual Men's 7-inch Workout Running Shorts - Lightweight, Quick-Dry, Comfort
$12.91 $24.99
30% OFF
NOVETE Under Sink Water Filter - 3 Years, 30,000 Gallons, High-Efficiency Filtration
$41.99 $59.99
50% OFF
HDPE All-Weather Adirondack Chair with Built-In Cup Holder - Tool-Free Assembly (Grey)
$69.99 $139.99
60% OFF
HOMETUK Clear Plastic Storage Bins with Dividers - 3-Pack Stackable Acrylic Organizer Containers for Fridge and Pantry
$19.99 $49.99
58% OFF
G Gradual Men's Fishing Shirt - UPF 50+ Lightweight Short Sleeve Button Down with Zipper Pockets
$14.99 $35.99
55% OFF
Everyfun 60" Rectangular Platform Tree Swing - 700lbs Heavy Duty Adjustable Outdoor Swing (Colorful)
$49.99 $110.99
61% OFF
Ekouaer Women's Casual Loose Jumpsuit - One-Piece Printed Sleeveless Wide Leg Romper with Pockets
$14.99 $37.99
36% OFF
Men's Athletic Running Shorts with Zipper Pockets - Lightweight & Quick Dry
$12.74 $19.99
61% OFF
Modern Ceiling Fan with Light and Remote - Reversible Quiet DC Motor
$69.3 $179.99
50% OFF
MOOKA H13 True HEPA Air Purifier for Home Large Room - 1076 sq ft Odor Eliminator
$39.97 $79.95
40% OFF
X-Sense XS01-WX Smart Smoke Alarm - 2.4 GHz Wi-Fi Photoelectric Fire Detector with Mobile App Alerts
$65.99 $109.99
Newsletter Stay up to date with Christian Today
related articles
UN Nuclear Head Urges Western Patience on Iran Plan

UN Nuclear Head Urges Western Patience on Iran Plan

Obama: Iran must freeze nuclear activity, US and Israel still disagree
Obama: Iran must freeze nuclear activity, US and Israel still disagree

Obama: Iran must freeze nuclear activity, US and Israel still disagree

Obama cites progress in US-Iran nuclear talks
Obama cites progress in US-Iran nuclear talks

Obama cites progress in US-Iran nuclear talks

Republicans warn Iran that nuclear deal might not outlast Obama presidency
Republicans warn Iran that nuclear deal might not outlast Obama presidency

Republicans warn Iran that nuclear deal might not outlast Obama presidency

Iran interim deal could be reached soon, says Kerry
Iran interim deal could be reached soon, says Kerry

Iran interim deal could be reached soon, says Kerry

56% of Americans want Congress to reject  Iran deal; 60% thumb down Obama\'s move
56% of Americans want Congress to reject Iran deal; 60% thumb down Obama's move

56% of Americans want Congress to reject Iran deal; 60% thumb down Obama's move

President Obama needs just 4 more Senate votes to assure survival of Iran nuke deal
President Obama needs just 4 more Senate votes to assure survival of Iran nuke deal

President Obama needs just 4 more Senate votes to assure survival of Iran nuke deal

Cheney warns: Obama\'s Iran deal will lead  to first use of nuclear weapon since 1945
Cheney warns: Obama's Iran deal will lead to first use of nuclear weapon since 1945

Cheney warns: Obama's Iran deal will lead to first use of nuclear weapon since 1945

Over 1,000 rabbis sign petition rejecting Iran deal, urge US Congress to reject it

Over 1,000 rabbis sign petition rejecting Iran deal, urge US Congress to reject it

President Obama needs just one more ally to ensure Congress OK of Iran nuke deal
President Obama needs just one more ally to ensure Congress OK of Iran nuke deal

President Obama needs just one more ally to ensure Congress OK of Iran nuke deal

Iran nuclear deal: UN inspectors will oversee Iranian technicians after all
Iran nuclear deal: UN inspectors will oversee Iranian technicians after all

Iran nuclear deal: UN inspectors will oversee Iranian technicians after all

\'We\'re facing Hitler with nuke arms\': US House dumps Iran deal in symbolic vote
'We're facing Hitler with nuke arms': US House dumps Iran deal in symbolic vote

'We're facing Hitler with nuke arms': US House dumps Iran deal in symbolic vote

64% of Americans want US to take military action if Iran violates terms of nuclear deal
64% of Americans want US to take military action if Iran violates terms of nuclear deal

64% of Americans want US to take military action if Iran violates terms of nuclear deal

US House chief threatens to sue Obama for failure to disclose secret Iran agreements
US House chief threatens to sue Obama for failure to disclose secret Iran agreements

US House chief threatens to sue Obama for failure to disclose secret Iran agreements

Iran nuke deal signals the day \'when God  turns His back on America\'—John Hagee
Iran nuke deal signals the day 'when God turns His back on America'—John Hagee

Iran nuke deal signals the day 'when God turns His back on America'—John Hagee

News
There’s a revolution taking place in local journalism – but churches could be missing out
There’s a revolution taking place in local journalism – but churches could be missing out

If we want to get out the good news about what we’re doing, local newspapers are a good place to start.

Over a million abortions took place in the US last year
Over a million abortions took place in the US last year

DIY abortions now account for over a quarter of all abortions in the US.

Fewer Americans believe faith is good for the country
Fewer Americans believe faith is good for the country

The proportion of Americans who believe their country would benefit if more people were religious has declined since 2013.

Indian Christians attacked in church by mob
Indian Christians attacked in church by mob

Chhattisgarh has allegedly banned house churches to promote "cultural harmony".

Today's Top Deals

All-Weather HDPE Plastic Adirondack Chair with Cup Holder – Navy Blue

$70
$139.99 50% OFF
View Deal

7-Color LED Red Light Therapy Mask for Face and Anti-Aging

$29.99
$59.99 50% OFF
View Deal

Cordless Vacuum Cleaner - 480W/45Kpa Powerful Stick Vacuum with LED Smart Touch Screen

$55.99
$109.99 49% OFF
View Deal

Hypoallergenic Pet Wipes for Dogs & Cats - 400 Count Extra Large Coconut Scented Grooming Wipes

$24.79
$30.99 20% OFF
View Deal

MANSPOT Electric Pubic Hair Trimmer - Waterproof Body and Groin Shaver for Men and Women (Black)

$20.39
$40 49% OFF
View Deal

Lick-Safe Dog Paw and Nose Balm Stick - All-Natural Moisturizer with Coconut Oil for Dry, Cracked Pads and Snout

$11.69
$15.59 25% OFF
View Deal

Men's Quick Dry Moisture Wicking Polo Shirt - High Elasticity Slim Fit Athletic Top (Runs Small)

$6.99
$29.99 77% OFF
View Deal

Men's Running Shorts with Zipper Pockets - Lightweight, Quick-Dry, Multi-Sport

$12.95
$23.99 46% OFF
View Deal

NEWFAST NF-RE523 AC1200 WiFi Extender - 1200Mbps Dual Band Signal Booster & Internet Repeater

$18.5
$36.99 50% OFF
View Deal

G Gradual Men's 7-inch Workout Running Shorts - Lightweight, Quick-Dry, Comfort

$12.91
$24.99 48% OFF
View Deal

NOVETE Under Sink Water Filter - 3 Years, 30,000 Gallons, High-Efficiency Filtration

$41.99
$59.99 30% OFF
View Deal

HDPE All-Weather Adirondack Chair with Built-In Cup Holder - Tool-Free Assembly (Grey)

$69.99
$139.99 50% OFF
View Deal

HOMETUK Clear Plastic Storage Bins with Dividers - 3-Pack Stackable Acrylic Organizer Containers for Fridge and Pantry

$19.99
$49.99 60% OFF
View Deal

G Gradual Men's Fishing Shirt - UPF 50+ Lightweight Short Sleeve Button Down with Zipper Pockets

$14.99
$35.99 58% OFF
View Deal

Everyfun 60" Rectangular Platform Tree Swing - 700lbs Heavy Duty Adjustable Outdoor Swing (Colorful)

$49.99
$110.99 55% OFF
View Deal

Ekouaer Women's Casual Loose Jumpsuit - One-Piece Printed Sleeveless Wide Leg Romper with Pockets

$14.99
$37.99 61% OFF
View Deal

Men's Athletic Running Shorts with Zipper Pockets - Lightweight & Quick Dry

$12.74
$19.99 36% OFF
View Deal

Modern Ceiling Fan with Light and Remote - Reversible Quiet DC Motor

$69.3
$179.99 61% OFF
View Deal

MOOKA H13 True HEPA Air Purifier for Home Large Room - 1076 sq ft Odor Eliminator

$39.97
$79.95 50% OFF
View Deal

X-Sense XS01-WX Smart Smoke Alarm - 2.4 GHz Wi-Fi Photoelectric Fire Detector with Mobile App Alerts

$65.99
$109.99 40% OFF
View Deal