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Scott Bessent: “In December, their [Iran's] economy collapsed. We saw a…”

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 29:27

President Trump ordered Treasury and our OFAC division, Office of Foreign Asset Control, to put maximum pressure on, on Iran. And it's worked because In December, their [Iran's] economy collapsed. We saw a major bank go under. The central bank has started to print money. There is a dollar shortage. They are not able to get imports. And this is why the people took to the street. (29:27–29:32)

CLAIM

Asserts that Iran's economy collapsed in December, with a major bank going under.

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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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