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Trump admin imposes sanctions against Bank of Yemen for supporting Houthis

The Trump administration announced sanctions against the International Bank of Yemen Y.S.C. (IBY) on Thursday for its financial support of Houthi terrorists.
Along with the bank, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning key leaders of IBY, like its Chairman of the Board of Directors Kamal Hussain Al Jebry; Executive General Manager Ahmed Thabit Noman Al-Absi and Deputy General Manager Abdulkader Ali Bazara. By sanctioning IBY, the U.S. hopes to stop Houthi attacks on commercial ships in the Red Sea.
«Financial institutions like IBY are critical to the Houthis’ efforts to access the international financial system and threaten both the region and international commerce,» Deputy Secretary of the Treasury Michael Faulkender said. «Treasury remains committed to working with the internationally recognized government of Yemen to disrupt the Houthis’ ability to secure funds and procure key components for their destabilizing attacks.»
Based in Sana’a, Yemen, the IBY is controlled by the Iran-backed Houthis and provides the group with access to the bank’s Society for Worldwide Interbank Financial Telecommunications (SWIFT) network to make international financial transactions, the Treasury said.
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Houthi followers burn the Israeli and American flags during a tribal gathering on January 14, 2024 on the outskirts of Sana’a, Yemen. Houthi followers gathered to protest against the U.S.-U.K. airstrikes on positions in areas under their control. (Mohammed Hamoud/Getty Images)
The IBY, for instance, has allegedly aided Houthi businesses and officials to pursue oil on the SWIFT network, while also facilitating attempts by the terrorist group to evade sanctions oversight.
Under Thursday’s sanctions, all property and interests in property of the leaders named, that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. Additionally, any entities that are owned, directly or indirectly, individually or in the aggregate, 50 percent or more by one or more blocked persons are also blocked.
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State Department spokesperson Tammy Bruce sent a warning to those who support foreign terrorist organizations like the Houthis. (State Department)
OFAC’s regulations generally prohibit all transactions by U.S. persons or within, or transiting, the United States that involve any property or interests in property of designated or otherwise blocked persons.
U.S. State Department spokesperson Tammy Bruce spoke about the sanctions during a press briefing Thursday, sending a message to anyone who supports foreign terrorist organizations like the Houthis.
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Iranian Supreme Leader Ayatollah Ali Khamenei attends a meeting with a group of students in Tehran, Iran, on Wednesday, Nov. 1. (Office of the Iranian Supreme Leader via AP)
«The United States is committed to disrupting the Houthi financial networks and banking access as part of our whole-of-government approach to eliminating Iran’s threat network,» she said. «Moreover, we can confirm the reporting that Chang Guang Satellite Technology Company Limited (CGSTL) is directly supporting Iran-backed Houthi terrorist attacks on U.S. Interests. Their actions and Beijing’s support of the company, even after our private engagements with them, is yet another example of China’s empty claims to support peace.
She continued, urging partners of the U.S. to judge the Chinese Communist Party and Chinese companies on their actions, and not just their words.
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«Restoring freedom of navigation in the Red Sea is a priority to President Trump,» Bruce said. «Beijing should take this priority seriously when considering any future support of CGSTL. The United States will not tolerate anyone providing support to foreign terrorist organizations such as the Houthis.»
State Department,Terrorism,Iran,Sanctions,World
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Iran moderates pushing Trump deal risk being ‘eliminated’ as regime fractures deepen

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Iranian officials pushing for negotiations with the United States risk being labeled traitors and «most likely eliminated,» according to a policy expert, as internal fractures emerge inside Iran’s new regime.
Hooshang Amirahmadi, president of the American Iranian Council, said moderates advocating engagement with Washington are increasingly vulnerable at a moment when the Trump administration says it is in contact with elements of a «new» leadership.
«If the moderates were to push toward negotiation and a ceasefire, they will be considered traitors and will most likely be eliminated,» Amirahmadi told Fox News Digital.
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Amirahmadi’s warning came as Washington also appears to be navigating internal «fractures» amid the ongoing conflict.
President Donald Trump on Monday said the U.S. is engaged in serious talks with a «new» and «more reasonable» regime in Iran as the war enters its fifth week, while Secretary of State Marco Rubio declined to say who exactly the U.S. is negotiating with but cited «fractures.»
Secretary of State Marco Rubio attends a meeting with China’s Foreign Minister (not pictured) in Munich Feb. 13, 2026, on the sidelines of the Munich Security Conference. ( Alex Brandon/Pool/AFP via Getty Images)
«Well, I’m not going to disclose to you who those people are, because it probably would get them in trouble with some other groups of people inside of Iran. Look, there are some fractures going on there internally,» Rubio said on «Good Morning America.»
«Anyone in Iran who speaks of negotiation is suspected of paving the way for more war and destruction,» Amirahmadi said before stating that the moderate reformers are thought of as «infiltrators and deemed traitors.»
Amirahmadi also confirmed Rubio’s comments and highlighted an internal struggle within Tehran’s power structure, where remnants of what he called the «old regime,» or the Khamenei-era system, still exist.
«Many of them support negotiation or a ceasefire. But the emerging new regime is made up of more hard-line elements and views the others as traitors,» he said.
«For a long time, there has been a serious gap — what we call a cleavage — between the hardliners or radicals and the moderates or reformists.»
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Iranian Parliament Speaker Mohammad Bagher Ghalibaf attends a news conference at a conference hall in the Iranian Parliament building in Tehran, Iran, Dec. 2, 2025. (Morteza Nikoubazl/NurPhoto via Getty Images)
Amirahmadi also described how «assassination in the Islamic Republic is not a new phenomenon. It has been there for a long time.»
Amirahmadi spoke ahead of Secretary of Defense Pete Hegseth saying Tuesday that Washington remains firm on reaching an agreement to end the monthlong conflict involving the U.S., Israel and the Islamic Republic.
Speaking at a news conference, Hegseth reiterated that Trump is willing to make a deal to end the war, adding the new regime is now in place.
«If Iran is smart, it will make a deal. The new Iranian regime should already know that. This new regime, having undergone a regime change, should be smarter than the previous one. President Trump does not bluff and will not back down. He will make a deal, he is willing and the terms of the deal are known to them,» Hegseth said.
«The field and the war are in the control of the radical colonels, and that is what matters at this point,» Amirahmadi added.
«The established bureaucracy is still run by the same old moderate regime, but then that is not a new regime. The new regime is certainly more radical.»
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Iran’s power structure is increasingly dominated by IRGC figures like Ahmad Vahidi (Morteza Nikoubazl/NurPhoto via Getty Images)
Since the death of Supreme Leader Ayatollah Ali Khamenei and the succession of his son, Mojtaba Khamenei, the regime appears more reliant on the Islamic Revolutionary Guard Corps (IRGC).
Iran’s power structure is increasingly dominated by IRGC figures like Ahmad Vahidi and Qods Force chief Esmail Qaani, alongside judicial figures such as Mohammad Bagher Ghalibaf and Ayatollah Gholam-Hossein Mohseni-Ejei.
While President Masoud Pezeshkian’s influence could have waned, figures like Saeed Jalili, Guardian Council insider Ayatollah Alireza Arafi and Foreign Minister Abbas Araghchi continue shaping Iran’s security posture.
«There are basically the colonels; there are the Revolutionary Guards, people that are in the military. A few non-military hardliners are in universities, in government and places,» Amirahmadi added.
«They have changed the regime into a very radical regime,» Amirahmadi warned, «I don’t even think Khamenei’s son would favor negotiation, at least initially.
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«His position and condition are not entirely clear. His leadership appears symbolic — a reaction, even a gesture against figures like Trump.
«Trump and Netanyahu wanted regime change, and they have already achieved it, but the regime has just become more radical,» Amirahmadi concluded.
war with iran, iran, donald trump, marco rubio, treason, state department
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Kristi Noem, Trump respond to shocking cross-dressing photos tied to her husband

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President Donald Trump reacted on Tuesday after newly released photos appeared to show the husband of former Department of Homeland Security (DHS) Secretary Kristi Noem cross-dressing in private messages to a number of women.
The images were allegedly part of a trove of hundreds of messages sent between Noem’s husband, Bryon, and three women, obtained by The Daily Mail.
The father of three appeared to be pictured in hot pink underwear, wearing a skin-colored shirt with large, faux breasts worn underneath.
The New York Post reported the photos were taken while acting out a «bimbofication» fetish, which focuses on hypersexual, exaggerated physical appearances.
Bryon Noem (L), husband of US Secretary of Homeland Security Kristi Noem (R), listens as Secretary Noem testifies before the Senate Committee in Washington, DC, May 20, 2025. (Alex Wroblewski/AFP via Getty Images)
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Another image appeared to show Bryon Noem posing with large, fake breasts in a tight light blue T-shirt while making a kissy face.
Trump told the Daily Mail he did not know about the photos and was surprised the Noem family confirmed their authenticity.
«They confirmed it? Wow, well, I feel badly for the family if that’s the case, that’s too bad,» Trump told the outlet. «I haven’t seen anything. I don’t know anything about it. That’s too bad, but I just know nothing about it.»
It is unclear if anyone else inside the administration knew about the alleged photographs.
Fox News Digital was unable to authenticate the photos independently.

Bryon Noem, the husband of former U.S. Secretary of Homeland Security Kristi Noem listens as she testifies before the House Committee on Homeland Security in the Cannon House Office Building on December 11, 2025, in Washington, DC. The committee convened to hear testimony from top national security officials on potential worldwide threats. (Anna Moneymaker/Getty Images)
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Markwayne Mullin was sworn in as Homeland Security Secretary last week after Kristi Noem’s March 5 ousting.
Kristi Noem is currently serving as special envoy to the Shield of the Americas.
In a statement to The Post, a spokesperson for Kristi Noem said she was «devastated» by the discovery.
«The family was blindsided by this, and they ask for privacy and prayers at the time,» the spokesperson said.
While the couple has been married for more than 30 years, Fox News previously reported rumors of an alleged affair between Kristi Noem and her top advisor, Corey Lewandowski, contributed to her dismissal from the DHS post.

Bryon Noem, husband of Homeland Security Secretary Kristi Noem, center, watches as Kristi Noem, secretary of the US Department of Homeland Security (DHS), not pictured, testifies during a Senate Judiciary Committee hearing in Washington, DC, US, on Tuesday, March 3, 2026. (Graeme Sloan/Bloomberg via Getty Images)
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During her time as 33rd governor of South Dakota, Kristi Noem was sued by a transgender and «gender nonconforming» advocacy group, The Transformation Project, after the state terminated a contract with the organization.
She also received backlash from the LGBTQ community for signing the Religious Freedom Restoration Act, which advocates claimed sanctioned discrimination against queer people.
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The White House, Department of State and DHS did not immediately respond to Fox News Digital’s requests for comment.
This is a developing story. Please check back for updates.
kristi noem, homeland security
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