So at treasury, we control the sanctions authority. Many people ask me, in terms of the job, what's been your biggest surprise? I said that 40 to 60% is national security. And look, We are the reserve currency of the world, the US Financial system. Everyone wants access to it. And having access to it is a privilege. And if you violate the norms, whether it's human rights norms, whether it's sovereignty of other countries, … (04:31–04:36)
CLAIM
Asserts that the U.S. financial system is the world's reserve currency.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.