The Biden administration has struck a deal with Iran to swap prisoners and release $6 billion in frozen Iranian funds.
Per the deal, Iran will release five American citizens detained in Iran and the U.S. release five Iranian citizens being held in the U.S.
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The deal creates a blanket waiver to transfer $6 billion in frozen Iranian money from South Korea to Qatar without fear of violating U.S. sanctions. The United States classifies Iran as a state sponsor of terrorism.
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Secretary of State Antony Blinken signed off on the deal late last week, but Congress was not notified of the decision until Monday, the 22nd anniversary of the 9/11 terrorist attacks, according to the notification, which was obtained by The Associated Press.
This is a developing story. Check back for updates.
The Associated Press contributed to this report.