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Scott Bessent: “A very large percent of [the money] will go to buy US…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Treasury Secretary Bessent: U.S. Treasury will oversee frozen Iranian funds when they're released

Published | Video Starts at 01:18

And the U.S. treasury will have people sitting, the initial money will likely be released from Qatar. US treasury will have people sitting in Doha overseeing that, how the money is allocated and A very large percent of [the money] will go to buy US Foodstuffs and medicines. So we will be recycling the money back into US Products, but it will be overseen by Treasury. The in the Middle east at this point. (01:18–01:25)

CLAIM

Asserts that a large portion of the funds will be used to purchase U.S. foodstuffs and medicines.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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