• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

US ends terrorist designation of Syrian militant leaders

by July 8, 2025
by July 8, 2025

The Trump administration revoked the terrorist designation for Hay’at Tahrir al-Sham, the militant group who overthrew President Bashar al’Assad and assumed control of the Syrian government. 

The group was formed as Syria’s al-Qaeda branch. In an astounding turnaround, the group’s interim leader Ahmed al-Sharaa went from a $10 million U.S. bounty on his head to the de facto leader of Syria who scored a meeting with President Donald Trump in June. 

Al-Sharaa had been campaigning hard for a relationship with Washington and sanctions relief: He offered to build a Trump Tower in Damascus, ease hostilities with Israel, and give U.S. access to Syria’s oil and gas. He worked to soften the image of Hay’at Tahrir al-Sham and promised an inclusive governing structure. 

‘In consultation with the Attorney General and the Secretary of the Treasury, I hereby revoke the designation of al-Nusrah Front, also known as Hay’at Tahrir al-Sham (and other aliases) as a Foreign Terrorist Organization,’ Secretary of State Marco Rubio wrote in a memo made public Monday. 

The move comes a week after Trump signed an executive order ending sanctions imposed on Syria. Trump said he’d lift the sanctions on Syria to give the nation, ravaged by decades of civil war, a chance at economic development. 

Treasury Secretary Scott Bessent said that lifting sanctions would help Syria ‘reestablish ties to global commerce and build international confidence,’ while continuing to prevent ‘Assad, his cronies, terrorists, and other illicit actors from attempting to destabilize Syria and the region.’ 

HTS, a Sunni Islamist group, emerged out of Jabhat al-Nusra, Syria’s former al-Qaeda affiliate. The State Department under Trump in 2018 added HTS to the existing al-Nusra foreign terrorist designation.

Some sanctions still will need to be lifted by Congress. In a bipartisan pairing from opposite sides of the political spectrum, Reps. Ilhan Omar, D-Minn., and Anna Paulina Luna, R-Fla., recently introduced legislation to lift sanctions on Syria. 

U.S. sanctions have included financial penalties on any foreign individual or company that provided material support to the Syrian government and prohibited anyone in the U.S. from dealing in any Syrian entity, including oil and gas. Syrian banks also were effectively cut off from global financial systems. 

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Fed’s Bowman on the Risks of ‘Set It and Forget It’ Regulatory Culture
next post
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Related Posts

Kavanaugh cites 3 presidents in explaining Supreme Court’s...

August 2, 2025

China’s growing nuclear arsenal aims to break US...

August 2, 2025

Trump ally Bukele’s party amends El Salvador constitution...

August 2, 2025

Trump endorses ‘MAGA warrior’ for RNC chairman after...

August 2, 2025

Trump repositions 2 nuclear submarines after ‘highly provocative’...

August 2, 2025

Trump moves nuclear submarines weeks after praising sub’s...

August 2, 2025

WATCH: Trump says he is hopeful Hillary Clinton...

August 2, 2025

Recess on ice as Republicans hunker down for...

August 2, 2025

Iran says it has ‘plenty of scientists’ left...

August 2, 2025

Cambodia to nominate Trump for Nobel Peace Prize...

August 2, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • BYD’s July sales stall, casting doubt on 2025 delivery target

    August 2, 2025
  • US stock plunge as jobs data disappoints and tariff tensions rise

    August 2, 2025
  • Moderna cuts 2025 revenue to $2.2B after UK booster delay

    August 2, 2025
  • Brazil antitrust watchdog probes Microsoft after Opera complaint over edge browser practices

    August 2, 2025
  • Reddit shares surge 20% on record profit and strong revenue outlook

    August 2, 2025
  • OpenAI raises $8.3B as AI demand grows: report

    August 2, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025

Categories

  • Economy (2,057)
  • Editor's Pick (203)
  • Investing (185)
  • Stock (1,371)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

White House plans ‘extraordinary’ Holy Week as...

April 14, 2025

Deficits, Debts, and the Big Beautiful Bill

June 13, 2025

‘AmerExit’? Republicans push for US to leave...

March 4, 2025