Report: Obama administration tried to give Iran access to U.S. financial system

Former President Barack Obama speaking on the Iran deal. Photo: Pete Maravich-Pool/Bloomberg via Getty Images

An investigation from Senate Republicans indicates the Obama administration secretly sought to give Iran access to the U.S. financial system for a brief period after the 2015 nuclear deal despite telling Congress it had no plans to, reports the AP.

The big picture: The administration was attempting to strike a deal to ensure Iran received benefits promised to it while opponents of the deal argued the United States was too willing to give and could be used to fund Iran's extremism.