US envoy Tom Barrack uses New York Fed to choke militia funding in Iraq

Tom Barrack, the US Special Presidential Envoy, has reportedly employed the New York Federal Reserve to restrict funding to Iraqi militias. This financial strategy aims to curb the influence of these groups, which have been involved in various political and military activities. The move is part of broader US efforts to stabilize Iraq and reduce the power of factions that could threaten regional security and US interests. This financial intervention is significant because it highlights a non-traditional approach to geopolitical strategy, leveraging economic tools to influence regional dynamics.