Treasury Secretary Bessent: U.S. Treasury will oversee frozen Iranian funds when they're released

Summary

Treasury Secretary Scott Bessent discusses a plan to use frozen Iranian funds to purchase U.S. agricultural commodities, the military and economic pressure that brought Iran to nuclear talks, and policies intended to strengthen the U.S. dollar through tax and regulatory certainty.

• Frozen Iranian funds will be overseen by U.S. Treasury in Doha and largely used to buy U.S. corn, wheat, soybeans, and medicines.
• U.S. military strikes destroyed most of Iran's missile production capabilities, contributing to Iran's willingness to negotiate its nuclear program.
• President Trump posted that Iran is not imposing tolls or charges in the Strait of Hormuz, warning false information would end negotiations.
• Secretary Bessent says the administration achieved a 'regime change' in behavior without regime change.
• The administration aims for a strong dollar, citing tax certainty from the Working Families Tax Cut and deregulation.