was the military used to fly the money to iran? how did iran receive the cash. please articulate the exact process of the money exchanged from the moment the state went to the bank and withdrew the cash and the moment iran received the money. >> there were two payments. they were done in generally the same manner. i will break them down and walked through the flow of how they each work. $400 million principal was held in the account. those funds were transferred to the swiss national bank. >> who was in charge of gathering that money? who was in charge of gathering the $400 million? >> it was a wire transfer to that account. once in the account, the foreign national bank converted those funds. >> as i said in my opening statement -- >> sorry, i missed that. >> it was a department of defense-controlled account. the accounting servers was the one to initiate that wire payment. we helped them do that. the funds were transferred to the foreign central bank, which converted them into swiss francs . they were then withdrawn as banknotes. they were transported from one

iran's budget is opaque. after the verdict back in 1999 or 2000 where the judges assigned damages based on the line item for existence, it disappeared in subsequent budgets. that didn't mean that the iranians stopped conducting terrorism. the iranian response has been more terrorism and hostage taking. that was the case with the reagan era for hostages scheme. they have seized more than a half dozen western hostages in the months since. rather, the problem is that the irgc continues to dominate the iranian dmi. allowing them to have custody of the money is to allow the group to launder cash for its own purposes. even iran's justice minister just a month ago said that 50 million bank accounts in iran are opaque or their ownership unclear. 50 million bank accounts the justice minister in iran says are basically bogus. i also highlight how the irgc often uses the tehran stock exchange to launder money and play a shell game with companies to evade proliferation and terrorism sanctions. this is another danger of m

for iran, much of the funding comes when iran's small network of leaders pilfer iran's economy. iran's top political military leaders control roughly 1/3 of iran's economy. including large portions of the telecommunications, construction, airport and seaport sectors. this cozy arrangement provides iran's radical islamic leaders with significant cash to export terror and evil, while leaving iran's citizens to suffer the effects of a depleted economy. the iranian leadership asset transparency act will shine a bright light on the rampant corruption and the self-serving behavior of the iranian mullahs . through this report, we hope to make international cooperation -- corporations aware of how their dealings with iran are supporting terrorism and the evil, and to help the iranian people understand how their supposed leaders are not operating in their best interest. through this report, the american people will also better understand why president obama's $1.7 billion ransom payment to iran is likely to be used again to support terrorism and why president obama's unyielding commitmen

but returned to under $29 to iran. -- $229 million to iran. since that time, the fund has amounted to about $400 million. treasury worked with dfas and the federal reserve bank of new york to transfer to a european bank. they were converted to a foreign currency, withdrawn and physically transported to geneva. on january 2017, treasury disbursed the payment for transfer to tehran. the funds were under u.s. government control until their disbursement pursuant to the settlement. the second payment was disbursed out of the judgment fund. the judgment fund is the source of funding congress has provide the for use generally in paying judgments and settlements of claims against the united states when there is no other source of funding. awards and settlements of tribunal claims have been paid from the judgment fund in the past. though the payment to settle the dispute over crude interest was one payment, the judgment fund system as a technical limitation that prevents it from processing individual claims in amounts over ten digits in length. the sin

and iran. therefore, wire transfer was not an option it would have taken too long. in order to abide by the settlement, the u.s. government had to make an immediate payment. so mr. chairman, that's the reason i will have to oppose this amendment even though i appreciate that the chairman is seeking to clarify and make -- clarify the bill and make it better. and i reserve the balance of my time. the chair: the gentleman reserves. the gentleman from california is recognized. , royce: reclaiming my time mr. chairman. i will just make the following points. did have another way to ansfer any agreed upon settlement without transferring palettes of cash. we know that because the administration had made other transfers to iran, so this bill does not withdraw the u.s. from the claims tribunal or algiers accords. it doesn't impact that. nor does it effectively prevent the united states from paying out awards rendered by the tribunal. as i've indicated, we simply with this bill prohibit cash from being us

claims predating the eye p iran revolutire -- the iran revolution. any details about the payment surfaced in august when the "wall street journal" reported that $400 million of that payment was converted into swiss francs and euros and flown to iran in cash on the same day that five american detainees were released from the islamic republic. they were forced to admit the remaining $1.3 billion was also handed over in cold hard cash. despite vigorous denials that there was any link between the payment and the release of american prisoners, the evidence presented by the administration makes it difficult to believe. iran officials certainly believe that this was a ransom payment. a revolutionary guard commander said on state media quote, taking this much money back was in return for the release of the americans, period, end quote. and one of the prisoners, pass sor abedini, recalled that waiting to be freed, he was told, quote, we are waiting for another plane. if the plane doesn't come, we never let you go. this committee requested records about the pa

but returned to under $29 to iran. -- $229 million to iran. since that time, the fund has amounted to about $400 million. treasury worked with dfas and the federal reserve bank of new york to transfer to a european bank. they were converted to a foreign currency, withdrawn and physically transported to geneva. on january 2017, treasury disbursed the payment for transfer to tehran. the funds were under u.s. government control until their disbursement pursuant to the settlement. the second payment was disbursed out of the judgment fund. the judgment fund is the source of funding congress has provide the for use generally in paying judgments and settlements of claims against the united states when there is no other source of funding. awards and settlements of tribunal claims have been paid from the judgment fund in the past. though the payment to settle the dispute over crude interest was one payment, the judgment fund system as a technical limitation that prevents it from processing individual claims in amounts over ten digits in length. the sin

iran policy. but i do know that pushing legislation just to embarrass the white house won't help to resolve those differences we might have. i also question the bill's focus on cash. look, i share the view that any sum dumped into iran's bank account may be put to bad use. but, mr. speaker, i'd have that concern whether the money got to iran via cash, check, wire transfer, or stacks of gold bars. money is money. it's fungible. we have no way of knowing what happens to it once it's in iran's hands. we can guess. but we have no way of knowing. does that irk me? sure, it does. iran's leaders do all sorts of things that irk me and make the world less safe. whether we like it or not, the payment we're talking about was iran's money. we paid it as part of a settlement under the algiers accords, which the united states signed in 1981. and in that time, regardless of how we sent the money, we haven't had any control over what iran does with it. i agree it is deeply frustrating because we know what they ar

, that iran was a tunnel for al qaeda. bin laden told his followers not to attack the iranians. >> reporter: the administration argued that iran's more aggressive conduct only underscores the value of the nuclear diplomacy. >> because the last thing anyone would want to see in the region is a nuclear-armed iran. >> reporter: critics of the nuclear deal see disturbing trends of their own in which the obama administration has purportedly been willing to let a lot slide in order to prevent erosion in public support for the deal. >> and certainly investigating a close connection between iran and al qaeda would raise suspicions that this nuclear deal with iran is not in america's national security interest. >> reporter: nor is the iran/al qaeda connection solely a thing of the past. this summer, the treasury department sanctioned three senior al qaeda figures living in iran using the country for a base from which to move money around, acquire weapons and coordinate with other terrorists. >> james rosen of the state department.

there are a number of other nationals who are seized in iran today. this is at the center point of the legitimacy of the iranian regime. thank you. >> thank you. the chair now recognizes himself for five minutes. ms. maloney, you talk about prior presidencies using sanctions and incentives in the past, and i wouldn't dispute that point. but can you give me an example of one prior president that has, in essence, given $400 million of iranian cash back to them, $1.3 billion of taxpayer money back to them in the form of interest, and the fact that we've unfrozen billions of dollars in assets, what other president has given that much to iran? >> president ronald reagan sold arms to iran while it was in a war with iraq. george h.w. bush, under -- >> how many billions of dollars? >> -- tribunal. >> how many billions? >> hundreds of millions -- >> did you say hundreds of millions or hundreds of billions? don't talk over me. hundreds of millions or hundreds of billions. >> hundreds of millions. >> fair to say not to the tune of $33.6 billion. i think that's w

, that iran was a tunnel for al qaeda. bin laden told his followers not to attack the iranians. >> reporter: the administration argued that iran's more aggressive conduct only underscores the value of the nuclear diplomacy. >> because the last thing anyone would want to see in the region is a nuclear-armed iran. >> reporter: critics of the nuclear deal see disturbing trends of their own in which the obama administration has purportedly been willing to let a lot slide in order to prevent erosion in public support for the deal. >> and certainly investigating a close connection between iran and al qaeda would raise suspicions that this nuclear deal with iran is not in america's national security interest. >> reporter: nor is the iran/al qaeda connection solely a thing of the past. this summer, the treasury department sanctioned three senior al qaeda figures living in iran using the country for a base from which to move money around, acquire weapons and coordinate with other terrorists. >> james rosen of the state department.

is iran -- i'm not apologizing for iran by any means but iran to my knowledge does not fund ma dramadrassas. saudi arabia funds madrassas that teaches hatred of the west, christianity. by the way, if you're a christian, don't bother going to sawed rake. you're not allowed and god forbid you try to bring a bible into your country. this is who you want to send more weapons to? what of the yemen war? what happens as the weapons pour into yemen? is it possible that isis and al qaeda and the arab peninsula sit by laughing and rubbing their hands and watching the war between the houthis and the salafists and stepping into the breach? it's what happened in syria. are we not to learn the lessons of the middle east? are we to completely stick our head in the sand and say we must always give weapons and if we don't give weapons, that's isolationism. that's literally what some people are saying. oh, it's isolationism not to send a hundred billion dollars worth of weapons. to send one billion less would somehow be isolationism. perhaps it would send a message. there have been people who have described

/iran claims tribunal, all u.s. citizens' claims against iran that were registered under the algiers accords have also been resolved, and americans as a result have gotten, what is it, about $2.5 billion in payments? >> i don't know the total. to my knowledge they've all been paid. >> so let me -- i mean, and the record should be clear about that, this was a smart deal done utilizing leverage that you had, you have leverage, you don't give it up, you utilize it. it was done by the administration. and the fact of the matter is, i would like to say it was something nobody else did, but other administrations have done the same thing, democrats and republicans; is that not correct? >> settling outstanding claims? that's right, that's not a new phenomenon. it obviously is a new conversation. for decades we haven't had an ability to have a conversation with iran to settle this, and we faced the possibility of an enormous judgment against the united states. >> let me go back to what we were talking about in the time i have

owed to iran. the story says that iran also u.s. some money. it says they have a significant counterclaim against iran arriving out of the foreign sales program, leading to , but theyl damages left their own counterclaim for future litigation. we do not know whether the wedted states code iran -- o iran anything at all. can you talk about these claims and counterclaims? guest: this is one of the reasons why iran had to settle they-- for much less than were asking for. they quoted figures like $10 billion rather than $1.3 billion. it is so difficult to litigate. there is no fixed figure. you are essentially saying, and you have justification for this, property took american and goods. under some conditions, you have a potential claim here. the problem is that you would have to litigate this on the basis of whatever figure you wanted to present. the question then would be whether iran never paid. this is not the kind of thing where you are sort of litigating in the u.s. court. it is a body which can reach a decision and have both sides promptly i

iran releasing an anti-american propaganda video as we find out we made secret deals helping iran after the nuclear agreement. we report, you may want to hide. today on forbes on fox, new questions about the clinton foundation after a new report says bill clinton's age used tax dollars to subsidize a charity and hillary's private e-mail server. more than a million social security numbers stolen from taxpayers. and the irs knew all about it. why aren't they giving you a >> welcome back. it wasn't just secret closed-door meetings leading up to the iran nuclear deal. the administration now said to have agreed to secret exemptions for iran after the deal and this is their thanks. iran just releasing a new video showing a u.s. ship sinking and an american flag burning. charlie, the administration is denying these claims. do you think it's time to toss this bad deal overboard? >> i think it was time not do to do the deal. i wasn't a zealot against the deal. iran's population is -- a lot is secular. these are -- this is a culture, an advanced culture for many years. this isn't like the stone a

let's start with iran. earlier this week iran threatened to shoot down two u.s. navy surveillance aircraft for flying too close to iranian air space. yes, the country that the obama administration bent over backwards to appease -- once again. this is the latest in a long line of provocations directed by iran towards the united states. last month iran harassed our war ships in the persian gulf on at least five occasions. iran's beligerance has been matched by the nation's pursuit of weapons all of which is being enabled by the terrible nuclear deal president obama brokered, a deal that has -- a deal that iran has zero intentions of abiding by. earlier this month, the regime in tehran deployed a russian supplied surface to air missile defense system around its underground uranium enrichment facility. this potent missile defense system was part of an $800 million deal russia signed with iran in 2007. that deal has been voluntarily put on hold because of a 2010 u.n. security council resolution but that hold was lifted after president obama's weak iran deal signaled t

was owed to iran... settling a decades old dispute about a failed arms deal.an agreement they say coincided with the prisoner release... and the implementation of the iran nuclear deal.the president has insisted the deals were not connected... and not ransom. "we do not pay ransom for hostages."but critics of the deal with iran say the when and how the cash was sent... and say hundreds of millions in cash could end up in the hands of terrorists iran backs... and endanger americans.the white house insists it revealed the cash payments in august when asked whether an additional 1.3 billion dollars had been sent to iran... just like the initial 400 million dollar payment."we haven't been as specific about the mechanism of the payment for the 1.3 billion in interest other than to say we had a similar arrangement with a central insists that some of these details must be kept secret and that it had to use cash because the to use cash because the international sanctions against iran. still republicans on the hi

we must stop giving in to iran and start standing up to iran. by putting our foot down, the american people and our allies in the middle east will be safer and stronger. mr. speaker, i urge my colleagues to support house resolution 879 so we can move forward with consideration of this important bill. i reserve the balance of my time. the speaker pro tempore: the gentleman from alabama reserves the balance of his time of the the gentleman from florida is recognized. mr. hastings: thank you very much, mr. speaker. i yield myself such time as i may consume. the speaker pro tempore: the gentleman from florida is recognized. mr. hastings: i thank the gentleman from alabama for yielding to me the customary 30 minutes for debate. i rise today in opposition to the rule. let's not paragraphs words. this bill -- pars words. this bill is a republican attempt to politicize the recent payment by the united states to the government of iran. the legislation equates the payment which was made as part f a settlement of -- a 35-year-old dispute before the united

iran releasing an anti-american propaganda video as we find out we made secret deals helping iran after the nuclear agreement. we report, you may want to hide. today on forbes on fox, new questions about the clinton foundation after a new report says bill clinton's age used tax dollars to subsidize a charity and hillary's private e-mail server. more than a million social security numbers stolen from taxpayers. and the irs knew all about it. why aren't they giving you a head's up. this may make your head explode. see you at the top of the hour. along with diet and exercise, once-daily toujeo® may help you control your blood sugar. get into a daily groove. ♪ let's groove tonight. ♪ share the spice of life. ♪ baby, from the makers of lantus®, ♪ slice it right. toujeo® provides blood sugar-lowering activity for 24 hours and beyond, ♪ we're gonna groove tonight. proven blood sugar control all day and all night, and significant a1c reduction. toujeo® is used to control high blood sugar in adults with diabetes. it contains 3 times as much insulin in 1 milliliter as standard insul

iran releasing an anti-american propaganda video as we find out we made secret deals helping iran after the nuclear agreement. we report, you may want to hide. today on forbes on fox, new questions about the clinton foundation after a new report says bill clinton's age used tax dollars to subsidize a charity and hillary's private e-mail server. more than a million social security numbers stolen from taxpayers. and the irs knew all about it. why aren't they giving you a ♪ [announcer] is it a force of nature? or a sales event? the summer of audi sales event is here. get up to a $5,000 bonus on select audi models. always has to be who sat your desk? phone now, with one talk from verizon... hi, pete. i'm glad you called. (announcer vo) all your phones can work together on one number. you can move calls between phones, so conversations can go where you go. take your time. i'm not going anywhere. (announcer vo) and when you're not available, one talk helps find the right person who is. hi, john. (announcer vo) so wherever work takes you, you can put your customers first. introducing one tal

now we've built up iran to be a big power. iran is on the side of assad, syria. russia is on the side of assad. syria. so we build these people up. we created this strong power in iran which seriously, folks, you know better than anybody, four years ago they were dying, they were gasping for air. all we had to do is let them sit for a little longer, in fact double up your sanctions. you could have really negotiated a deal. how kerry never left that deal was incredible. everybody knew it was bad. they're dancing on the streets all over iran and literally they're all celebrating, shouting "death to america," "the dumb americans." what they're saying is incredible. they're saying "death to israel." this is the in middle of a negotiation. if i had a negotiation that, i would say let's check this negotiation. something is not going well. he never left the table once. if he would have left that table and said i'm sorry, you guys, first of all we should have gotten our hostages back before we started the negotiation. okay? 100%. we should have said very nicely, with res

iran is one of their biggest trading partners. iran has power over north korea. and when they made that horrible deal with iran, they should have included the fact that they do something with respect to north korea and they should have done something with respect to yemen and all these other places. and when asked to secretary kerry, why didn't you do that, why didn't you add other things into the deal? one of the great giveaways of all-time, of all-time, including $400 million in cash, nobody's ever seen that before, that turned out to be wrong. it was actually $1.7 billion in cash. obviously, i guess, for the hostages. it certainly looks that way. so you say to yourself, why didn't they make the right deal?

would he have bombed iran? if he's going to criticize a deal that has been very successful in giving us ac

and iran's terror. with the nuclear constraints on iran one year closer to being removed, let me be clear: israel will not allow the terrorist regime in iran to develop nuclear weapons -- not now, not in a decade, not ever. ladies and gentlemen: i stand before you today at a time when israel's former president, shimon peres, is fighting for his life. shimon is one of israel's founding fathers, one of its boldest statesmen, one of its most respected leaders. i know you will all join me and join all the people of israel in wishing him refuah shlemah, shimon, a speedy recovery. i've always admired shimon's boundless optimism, and like him, i too am filled with hope. i am filled with hope, because israel is capable of defending itself by itself against any threat. i am filled with hope, because the valor of our fighting men and women is second to none. i am filled with hope, because i know the forces of civilization will ultimately triumph over the forces of terror. i am filled with hope, because in the age

. >> can iran live with a syria who is not headed up by assad? >> this is m trks prtp daily an starts now. >> it's days like today when we feel like we can bring sunday to every day of the week. welcome to a packed edition of "mtp daily" the new "wall street journal" poll is now gone. if you think the race has changed in the past month, think again. days to the first debate and clinton in our poll is holding fast to a five-point lead among registered voters in the four-way matchup and a six-point lead among the first attempt at creating a likely voter model. in a two-way matchup, clinton is up seven points and that does not budge among likely voters. despite a terrible stretch, she still has got what one could call a durable lead. not insurmountable lead, but durable. the fundamentals have not changed. voters have major doubts about trump's ability to do the job. even among trump's supporters, 52% said he would make a good president and 46% said he is better than the alternative and compare that to 70% who said she would make a good commander in

everything out of this iran deal. administration secretary clinton secretary kerry gave every thing to iran and more because they hope we'd have good relations with iran going forward. iran is buzzing our ships taking american sailors prisoner. deirdre: unfortunately you told me this i think it months ago. he said in the last months of the obama presidency every single bad actor is going to come out of the walls and push our limits because we haven't made some parties respect us or our position in the world. trump supporter retired lieutenant general -- general put out this statement. pxi said it's clear what you just said. president obama gave the store to secure agreements full of loopholes that ultimately never blocks iran from getting nuclear weapons. hillary clinton's continual support of this dangerous deal shows how bad her judgment really is. aside from the politics of this how long before iran has a functioning nuclear weapon arsenal? >> three things for a nuclear weapon. you need uranium, you need the materi

made secret ransom payments to iran. other efforts to destabilize the agreement have been aimed squarely at violating the terms of the agreement itself. for example, republicans it would block the sale of aircraft to iran, despite the fact that these sales were a central component of the nuclear agreement. republicans rushed legislation to the floor before leaving for the last congressional recess to undermine iran's conduct of banking transactions outside of the united states. activity that became per miss i believe as part of the nuclear deal. while the bill before us today, h.r. 5461 may appear to contain a simple reporting requirement, it is not a bill that promotes our national security interests. by requiring an extraneous report on the assets of iranian leaders without regard to current sanctions or other obligations, the bill would prevent the iranian people from receiving the full benefit of this agreement. this would put the agreement in jeopardy and strengthen the hand of the hard liners in iran who want nothi

iran is one of their biggest trading partners. iran has power over north korea. and when they made that horrible deal with iran, they should have included the fact that they do something with respect to north korea and they should have done something with respect to yemen and all these other places. and when asked to secretary kerry, why didn't you do that, why didn't you add other things into the deal? one of the great giveaways of all-time,

why is iran boycotting the hajj this year? guest: there was a deadly accident with hundreds of thousands of pilgrims being -- hundreds, in some cases thousands, of pilgrims being crushed to death. iran said it wanted to ensure the safety of its citizens, and there have been talks about the logistics of iranians' participation as part of the pilgrimage. those talks went down in the spring. iran's claim was that saudi arabia had made it unusually difficult for iranians to participate. saudi arabia said iran was making unreasonable demands. the talks did not go anywhere, and iran decided it would not send anyone this year. yousef: there is no real precedent for this, is there? what is the road look like on this particular front? reporter: we know that this is a very tense time, because on top of other conflicts that the two countries are engaged with, we are in a situation where over the past week, we saw a flurry of comments back and forth between iranian and saudi officials, and in his annual hajj message, he had very saudil co

the minute the iran deal was made, she was full throated for it. she has backed away from president obama's foreign policy moves. this is not one of them. she has embraced this. >> quickly, joanna, i want to turn to the fbi, the complaint they filed does not include against this rahami guy the bomber in new jersey and new york, does not include a reference to isis. and, yet, there is in his bloody journal writing about adnani who was the spokesperson who essentially said he was killed by the u.s. but he said that all of the isis operatives should stay at home and do exactly what this guy did. yet, the fbi didn't mention isis. >> yeah, no, look, it's funny, i was talking to steve hayes about this before i came on. they did this plenty of other times where they try to down play connections, lone wolves, pacs of lone wolves and all these sorts of silly things. i understand it fits a political narrative that barack obama is wanting it sustain which is becoming increasingly unsustainable. we aren't having terror attacks. isis isn't a danger to us. more

. >>> plus reports that the obama administration allowed iran's secret exemptions in that iran deal just as a way to meet their timeline. this all comes as a u.s. commander claims that iran has been accelerating its harassment of u.s. sailors in the persian gulf. stick around. there's no one road out there. no one surface... no one speed... no one way of driving on each and every road. but there is one car that can conquer them all. the mercedes-benz c-class. five driving modes let you customize the steering, shift points, and suspension to fit the mood you're in... and the road you're on. the 2016 c-class. starting at $38,950. mercedes-benz. the best or nothing. this is my retirement. retiring retired tires. and i never get tired of it. are you entirely prepared to retire? plan your never tiring retiring retired tires retirement with e*trade. i'm in vests and as a vested investor in vests i invest with e*trade, where investors can investigate and invest in vests... or not in vests. sign up at etrade.com and get up to six hundred dollars. are those made with all-beef, karen? yeah, they'r

you started the iran deal. that's another beauty where you have a country that was ready to fall, they were doing so badly. they were choking on the sanctions, and now they're probably going to be a major power at some point the way they're going. but when you look at nato, i was asked on a major show. you have to understand i'm a business person, i did well, but i have common sense. i said well, i'll tell you, i haven't given lots of thought to nato, many of them aren't paying their fair share. that bothers me, because yes, we're defending them, they should be at least paying us what they are supposed to be paying by treaty and contract. and number two, i said in very strongly, nato could be obsolete, because, and i was very strong on this, and it was actually covered very accurately in the "new york times," which is unusual for the "new york times" to be honest, but i said they do not focus on terror. and i was very strong. and i said it numerous times. and about four months ago, i read on the front page of t

. >>> plus reports that the obama administration allowed iran's secret exemptions in that iran deal just as a way to meet their timeline. this all comes as a u.s. commander claims that iran has been accelerating its harassment of u.s. sailors in the persian gulf. stick around. >>> breaking tonight, we're keeping close tabs on a hurricane that is now bearing down on the florida panhandle. the center of hurricane hermine is expected to make landfall tonight or early tomorrow morning. when if does, it will be the first hurricane to directly hit the state since 2005. right now winds have increased to nearly 80 miles an hour with higher gusts. the national hurricane center is warning it could strengthen even before making landfall. with millions of people across the southeast potentially in its path. the governor is telling folks to stay away from the coast. they say this is a life-threatening situation. >>> we've got new details developing tonight from a report that broke earlier today suggesting the administration secretly agreed to cut iran some slack following the nuclear deal. chief wash

but it was very shortly there after diminished by the crisis with iran. thereafter diminished by the crisis with irawith iran. >> ayatollah khomeini, the rebel priest, was called on to depose the shah. >> khomeini called on an islamic state. >> i don't think the united states as a secular country understood that islam could oust a monarchy that prevailed for a system of government. >> we support the shah. >> we did put the shah in but you are saying we can't keep him in? >> i think that's a decision to be made by the people of that country. >> good evening, the shah of iran is in egypt tonight. his countrymen are deliriously rejoicing at his departure. and all around the world, government leaders are trying to come to grips with the fall of the man known as the king of kings. >> the old chant of "death to the shah" replaced by a new one, "death to carter." >> jimmy carter knows we want freedom. we don't want his human rights anymore. >> the source of energy was a core question. the iranian revolution is drying up our energy supply. we are literally runnin

let's reflect the threat from iran itself. if you wonder whether iran intends what they say, think about their continued aggression in the region. think about their testing of ballistic missiles capable of carrying nuclear war heads. and in case there are -- is any mistake about how we might interpret it, they put on the side of these missiles in arabic in farsi, and in hebrew, the words israel must be wiped out. that's the action of the iran revolutionary guard corps. that's what it puts on its missiles. of course, under the administration's iran deal, tehran will keep much of its nuclear infrastructure and continue to develop advanced centrifuges, faster and faster. they can continue to work on this thus gaining the ability to produce nuclear fuel on an industrial scale and the ayatollah won't even have to cheat to be just steps away from a nuclear weapon 10 years from now, when that agreement is phased out. expires. that's about the same time that the next m.o.u. will expire. so for those who are wondering why we're passion

. >>> plus reports that the obama administration allowed iran's secret exemptions in that iran deal just as a way to meet their timeline. this all comes as a u.s. commander claims that iran has been accelerating its harassment of u.s. sailors in the persian gulf. stick around. this is my retirement. retiring retired tires. and i never get tired of it. are you entirely prepared to retire? plan your never tiring retiring retired tires retirement with e*trade. i'm in vests and as a vested investor in vests i invest with e*trade, where investors can investigate and invest in vests... or not in vests. sign up at etrade.com and get up to six hundred dollars. ♪ it's peyton on sunday ♪ mornings. ♪ e-man! what up, peyt. you know i have directv nfl sunday ticket. i get every game, every sunday. all in hd. yeah. i know that. so you wanna come over? i'll make nachos! i can't right now man. i'm playing. oh yeah. alright. i'll pencil you in for tuesday. (vo) get nfl sunday ticket included at no extra charge. only on directv. the wolf was huffing and puffing. like you do sometimes, grandpa? well,

now we've built up iran to be a big power. iran is on the side of assad, syria. russia is on the side of assad, syria. so we build these people up. we created this strong power in're which seriously folks you know better than anybody, four years ago they were dying, they were gasping for air. and all we had to do is let them sit for longer. double up your sanctions, you could have really negotiated a deal. how kerry never left that deal was incredible. everybody knew it was bad. they're dancing all over the streets all over iran and literally they're all celebrating, shouting "death to america" "dumb americans" what they're saying is incredible. they're saying death to israel this is in the middle of the negotiation. if i had a negotiation like that i'd say let's check this negotiation, something isn't going very well. he never left the table once. if he would have left that table and said i'm sorry -- first of all, we should have gotten our hostages back before we started the negotiation, okay? [ applause ] 100%. and veshd have sa-- very nicely with respect, sor

, i grew up in iran. i know about this history of this money and i believe this money is for iranian people and not the government and 90% of iranian people against the government. they don't like the government. we saw -- >> you think 1.7 billion, whatever it is, will get to the people? >> no, never goes. it goes to palestine, against israel, execution. >> do you think if the iranian government never got that cash you would be out right now? >> i don't think so. that if never -- if they didn't get the money they never let us go. as they told me. >> you think in the end that it was ransom? >> i prefer the politicians to answer this question but it seems like that. >> the fact that it was cash, pastor, that raised a lot of questions because why would they need cash? we have been told it's hard to get wire transfers into iran and the cash is all the more important to the iranians because they wanted cash. you know, foreign currency particularly swiss francs, very few u.s. tldollars and they wand that. >> ca

a significant exemption to the iran nuclear deal. we talk to the experts whose group claims they discovered a new loophole. it's not the first time the obama administration has had to defend itself against claims of a side deal. >> i know our critics are suggesting there's some kind of side deal going on. what i'm suggesting to you is that it's a critical part of the agreement. better buckle up. that inactive satellite radio of yours is ready to roll. because the siriusxm free listening event is on right now! just hit the sat button in your car and listen free thru sept 6. that's right, two glorious weeks of commercial-free music, plus talk, sports, comedy, news, and more. your ride has never, ever, rocked like this. oh yeah, siriusxm is on for free right now. so tune in and let's ride! if you have moderate to severe plaque psoriasis, isn't it time to let the real you shine through? introducing otezla (apremilast). otezla is not an injection or a cream. it's a pill that treats plaque psoriasis differently. with otezla, 75% clearer sk

you could say iran is the winner. we do not know what has been agreed and what will actually be limited. i would not rush out to suggest saudi arabia may be a loser. again, wait and see what role they take in the future. it may be extremely influential. angie: yeah. tony reagan, thank you. tony: next issue is what -- pleasure. angie: finish that thought very quickly. tony: ok, the issue is what happens to prices if we see prices are up at 60, 70, that is tremendous encouragement to non-opec producers to open the taps again. u.s. production has been coming down a little. 2016 production will be higher than 2014, and all of this started. the u.s. could turn those taps on relatively easily. we could be got to $30 oil. angie: good point. look like $60 might get everybody back in the market. tony reagan, thank you so much for that. independent oil and gas consulted joining us from singapore. the fight must go on. we will have the latest for you, next. this is bloomberg. ♪ yousef: companies are trading seoul.in the move b

so they allowed iran to increase more. this time the collection quota is very flexible so that iran can increase the production level. >> and saudis -- meanwhile, saudi arabia can meanwhile lower their production level. so they're balancing out the total production within the members. now, prices. where are they going to goo fro here? >> yeah. i think the effect will be short time. i think the market is too much production and supply more than demand. stock label is very high. so that it will push down the crude oil price. >> how is shale oil having an effect right now. >> shale oil producer are having difficulty increasing their production level. but in the united states has been gradually increasing. so if the price goes up, shale oil producers will produce more. that will effect the market. >> now, what's the level that shale oil producers -- a lot of them went out of business, by the way. that's the oil price level that the shale oils can stay in business? >> it depends on the shale oil producer. different by country.

as a senator i voted for every sanction that was put before the senate against iran. in our effort to try to prevent iran from moving forward on a nuclear program. it didn't stop them. they built covert facilities. they mastered the nuclear fuel cycle. they were able to acquire and put into operation a significant number of centrifuges. so our sanctions despite our best efforts, were not enough. although we have international sanctions against north korea, some of which i helped to negotiate when i was there, they aren't enough either, and they aren't enough for the same religion was responding to amy about because china has not yet made the decision it needs to make. that north korea poses a threat to the region and poses a threat to the kinds of stable border relationship that china has always valued with north korea. so we'll continue to look at how we tighten sanctions. i think there is a role for sanctions. the regime lives off goods and materials that can be smuggled in to keep their lifestyle and love of luxury going. so i think there is a lot more we can do, a

but with an exception for iran. we haven't interview with the russian leader. -- have an interview with the russian leader. 8:00 a.m. in dubai and welcome to the program. globaldramatic end for markets off the back of several major developments. let me run you through what's happened in the last couple sessions. we had the was non-foreign payroll. global macro movers is the chart you should bring up. you can see the scale around the world on the equity front. 100 up over 2%. of course a lot of the games you are seeking, especially on the commodities front is coming from the fact that crude is catching expressed. you can see that on the bottom right -- up over 3%. 2.44 dollars per barrel. snapping a four-day streak of decline. the liberal bloomberg commodities index up over 1%. a lot of it getting traction from the exclusive comment we got from vladimir putin. he said he would like russia and opec to agree to a freeze, but that would exclude iran. we will break that down for you throughout the program. let's take a c

we don't have to guess what iran is doing. we know what iran is doing. it's supporting the regime of assad which is committing terror throughout the region. it is still a threat to the united states. and that's why we still have sanctions on. but it's less of a threat without a nuclear weapon. it's not rust buying time. we have blocked that path. they may cheat in the future and that's why we're on top of it, but we will not lift sanctions until their behavior changes. the behavior did change on the iranian nuclear program and that's why we have had some sanctions lifted. the rest will be lifted when their behavior changes. an no one is holding their breath on that. >> so when what will that change look like?d no one is holding t breath on that. >> so when what will that change look like? >> i just think that a change would be, look, they have tested despite the agreement, they have tested -- they have new tests of ballistic missiles which have been this violation of u.n. sanctions. the u.n. did not do anything about it because we didn't push it. other c

are we making it or iran making it? >> it seems to reason iranians -- >> iran says we want the money -- >> give us the hostages. >> we want the money, you get the hostages. and mr. obama says, someone in mr. obama's shop says there's a law forbidding paying them in dollars, round up swiss francs and our ross and pay them in that. a way of circumventing the congress. >> back to 1979 and all of a sudden, we had to pay them -- by the way, $1.3 billion, interest, if you go to a basic inflation calculator you can see we overpaid by $200 million to $300 million. amazing what happened with this deal. it stinks all over. >> if you can circumvent congress on the sort of general theme of this we're not supposed to pay them, why can't you mail them a check? >> you actually can. the president has authorized an emergency -- there is a fund that the president can tap into in order to because if the -- if the point that the state department is making is that the president had to make this payment for critical funds needed in iran, the

now we've built up iran to be a big power. iran is on the side of assad, syria. russia is on the side of assad, syria. so we build these people up, we created this strong power in iran which seriously, folks, you know better than anybody, four years ago they were dying. they were gasping for air. and all we had to do is let them sit for a little longer, in fact double up your sanctions. you could have really negotiated a deal. how kerry never left that deal is incredible. everybody knew it was bad. they're dancing on the streets all over iran. literally, they're all celebrating, you know, shouting death to america, the dumb americans. what they're saying is incredible. they're saying death to israel. this is in the middle of the negotiation. if i had a negotiation like that, i would say, let's check this negotiation, something's not going very well. we just kept going right through. he never left the table once. if he would have left that table and said, i'm sorry, you guys. first of all, we should have gotten our hostages back before we started the negotiation,