Saudi Arabia Threatens To Sell $750 Billion In US Assets If Congress Passes New 9/11 Bill

Saudi Arabia has threatened to sell up to $750 billion worth of US assets if Congress passes a bill that would allow the Saudi government to be sued over 9/11, reports The NY Times.

According to the report, Saudi Foreign Minister, Adel al-Jubeir, personally passed on the message last month during a trip to Washington.

The Senate reintroduced last September the Justice Against Sponsors of Terrorism Act, (JASTA) which would let victims of 9/11 and other terrorist acts sue foreign sponsors of terrorism.

The Obama administration has been lobbying Congress to block the bill’s passage as it would put Americans at risk legally abroad. The Times writes: “The officials have warned senators of diplomatic and economic fallout from the legislation.”

Source: Business Insider

Source: Business Insider

Interesting. I really don’t like that a foreign government is threatening America like this.

It’s really time to step up electric car production and renewable energy. Can’t wait for that time to come.

Politics Saudi Arabia