Video available here.

In an interview with James Rosen that aired this evening on FOX News’ “Special Report with Bret Baier,” House Foreign Affairs Committee Chairman Ed Royce (R-CA) reacted to the U.S. State Department’s admission that a $400 million payment to Iran was specifically linked to Iran’s release of four Americans. Video and key excerpts below.

Chairman Royce: “It was ransom. We now know it was ransom. And on top of that it put more American lives at risk. And we’ve emboldened Iran. We’ve encouraged them, frankly, to take more hostages and put more American lives at risk of being taken hostage.”

James Rosen: “Chairman Royce said the House Foreign Affairs Committee will be holding hearings on this subject.”