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Scott Bessent: “In December [the pressure campaign] culminated in one of…”

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

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Paul Gigot in Conversation with U.S. Treasury Secretary Scott Bessent

Published | Video Starts at 01:23

Well, so since last March, the president gave the order for maximum pressure campaign and we started pressuring the Iranian assets around the world, cutting off their supply lines, which In December [the pressure campaign] culminated in one of their major banks going under. The central bank had to print money. Large inflation and then the riots that we saw out on the street. (01:23–01:29)

CLAIM

Asserts that a major Iranian bank collapsed in December due to the pressure campaign.

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