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Scott Bessent: “I said that I believe the Iranian currency was on the verge…”

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

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BREAKING NEWS: Scott Bessent Questioned About Trump's Greenland Ambitions, Tariffs At WEF In Davos

Published | Video Starts at 29:08

Okay, so two things there. There are treasury sanctions, and if you look at a speech that I gave at the Economic Club of New York last March, I said that I believe the Iranian currency was on the verge of collapse. that if I were an Iranian citizen, I would take my money out. President Trump ordered Treasury and our OFAC division, Office of Foreign Asset Control, to put maximum pressure on, on Iran. (29:08–29:14)

CLAIM

Asserts belief that the Iranian currency was on the verge of collapse.

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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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