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The Obama administration is facing criticism for paying Iran $1.7 billion in taxpayer funds as part of what critics described as a ransom bound up in a controversial hostage trade designed to secure the release of five Americans long held by Iran, according to conversations with administration officials and experts critical of the agreement.
Countries Are Donating Billions To A Global Fund â Here's What It's For. U.S. President Barack Obama gestures during remarks at the White House Tribal Nations Conference in Washington December 3, 2014. To say that money makes the world go 'round is no exaggeration â not even when it comes to fighting climate change. In fact, it's so important that the United Nations has created a fund just for climate-related cash â and its balance just broke $10 billion.