Scott Bessent

President Trump: The United States is removing sanctions on Turkey.

"It's time. We don't want to sanction friends."

"We're gonna be taking the sanctions off. OK? I don't want him to waste his time answering that question."

"We're working closely with Rubio, Bessent, Hegseth. It's time."

US Treasury Secretary, Bessent:

The Iranians are masters of propaganda.

The negotiating team is from the government, and they are playing to a hardline audience back in Tehran.

Just like we have hardliners in our system, they have hardliners.

Treasury Secretary Bessent:

We had to go in Iran because they were two weeks away if they wanted from a nuclear weapon.

Treasury Secretary Bessent: Iranian funds to be released through Qatar initially.

Treasury Secretary Bessent on Iran: "Any money Iranians receive is for Iranians."

-CNBC

US Treasury Secretary Bessent:

Last night we saw that Mamdani is the leader of the Democrats

IRGC-affiliated Tasnim News is pushing back on U.S. Treasury Secretary Bessent's statement that IAEA inspectors have been allowed into Iran, claiming no such permission was confirmed by Iranian negotiators or government officials.

Tasnim added that any inspector presence would require a final agreement, one it says is "unlikely to be reached" given past experience with the U.S.

JUST IN 🔴

U.S. Treasury Secretary Bessent: A temporary 60 day general license has been issued allowing Iran to resume oil production and export sales.

U.S. Sec. Scott Bessent:

“The Iranian regime will lose the zero-sum game it is playing.

Any damage it inflicts on our allies in the Gulf will be paid for with funds extracted from Iranian Accounts.

Any tolls paid to the Persian Gulf Strait Authority will be offset by funds extracted from their accounts.

Every attack Iran launches will only deepen the economic and financial consequences it faces.”

This is a big move.

Treasury Secretary Bessent:

The Iranian regime will lose the zero-sum game it is playing.

Any damage it inflicts on our allies in the Gulf will be paid for with funds extracted from Iranian Accounts.

Any tolls paid to the Persian Gulf Strait Authority will be offset by funds extracted from their accounts.

Every attack Iran launches will only deepen the economic and financial consequences it faces.

US Treasury Secretary Bessent:

The US is disrupting procurement networks that support Iran.

Bessent on Iran: “We have seized about $1 billion of Iran’s crypto. We just outright grabbed the wallets.”

“Some of them may be typing in right now and might not realize their wallet has been grabbed.”

Bessent on tariffs: "The EU is willing to pay 15% tariffs and take down the tariffs on us. It's an incredible deal."

Treasury Secretary Bessent: The U.S. has seized about $1 billion in Iranian crypto assets.

Reporter: "You wrote 'resilience' on your Cabinet meeting notes... why did you write all those notes?"

Sec Scott Bessent: "So people could look over my shoulder, photograph them, and think they got a scoop."

Bessent on Iran: "We are being patient. We do not have unlimited patience. Trump always prefers a peace deal. So everything we have done thus far has been defensive... But if President Trump doesn't think he can get a peace deal, then kinetic is back."

A $250 bill with Trump's portrait is being designed, Treasury Secretary Bessent confirmed to Fox News. Bills in the House and Senate would lift the ban on living individuals appearing on U.S. currency.

Bessent: "He (Trump) has several red lines and Iran has to turn over their highly enriched uranium. They cannot pursue a nuclear weapon and the Strait of Hormuz."

Treasury Sec. Scott Bessent:

"3 weeks ago, I got an honorary degree from the University of South Carolina. So if you really want to get a question, you can call me, 'Dr. Bessent.'"

REPORTER: "Dr. Bessent!!"

Bessent: President Trump has done something that no other administration is able to do. We have gotten the Iranians to talk about their nuclear program and to perhaps commit to not having one, that has never happened before.

Reporter: “Is sanctions relief for Iran on the table?”

Bessent: “Nothing is going to be on the table until we see the Strait of Hormuz open and the Iranians agree that they have to turn over the highly enriched uranium and that they can't have a nuclear program.”

Bessent:

Trump has done something that no other administration has been able to do.

We have gotten the Iranians to talk about their nuclear program and perhaps commit to not having one.

That has never happened before.

Reporter: Is sanctions relief for Iran on the table?

Bessent: Nothing is going to be on the table until we see the Strait of Hormuz open and the Iranians agree that they have to turn over the highly enriched uranium and that they can't have a nuclear program.

JUST IN

Bessent says the U.S. will now cut Iranian airlines off from landing rights, refueling, and ticket sales.

Thursday: U.S. Treasury Secretary Scott Bessent will brief the media at the White House at 2 p.m. ET.

Contributed by @AZ_Intel_.