American Treasury Secretary Scott Besant on Iran: "Regarding Iran, the president, even when I took office, told me in March 2025: 'Scott, go in with them.' And we started a maximum pressure campaign. I gave a speech at the Economic Club of New York, and as someone who came from the world of finance I said: 'I understand a thing or two about currency trading. I think the Iranian currency is about to collapse.' It was then 600 thousand to the dollar. Now it stands at 3 million. So they have 200% inflation, and the economic situation is now so bad that it is illegal to print the price."

American Treasury Secretary Scott Besant on Iran: "Regarding Iran, the president, even when I took office, told me in March 2025: 'Scott, go in with them.' And we started a maximum pressure campaign. I gave a speech at the Economic Club of New York, and as someone who came from the world of finance I said: 'I understand a thing or two about currency trading. I think the Iranian currency is about to collapse.' It was then 600 thousand to the dollar. Now it stands at 3 million. So they have 200% inflation, and the economic situation is now so bad that it is illegal to print the price."