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Scott Bessent: “The central bank had to print money. Large inflation and…”

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 01:28

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 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. And to increase our negotiating leverage and finally put an end to the cash that is flowing into the IRGC coffers and into the country, we are partnering with our … (01:28–01:35)

CLAIM

Asserts that Iran's central bank printed money, causing inflation and riots.

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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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