US Treasury Secretary in San described Iran as falling to its knees.

US Treasury Secretary in San described Iran as falling to its knees.

"They destroyed a lot of their missile and drone capability, but more importantly, 85 or 90% of their factories. Now we have what President Trump calls the wall of steel, the blockade. Nothing goes in or out.

Importantly, if nothing goes in, you can imagine, Larry, Iran has the third largest amount of energy assets in the world, but they have to, because of the neglect in the last forty-seven years, they need to import gasoline. So now there is a gas station. Then, our economic operation Outcast and I will tell you that our partners were great. We shut down three banks. And we are telling everyone, we know who you are, you know who you are, and we have people's attention.

We have a lot more new authorities now, whether it's on crypto, on the aviation airlines, maritime. And we are enforcing them. We shut down the Iranian airlines. They are isolated from the world. They are a pariah state. And my job is to make sure that when they come up with a deal they will want to stick to. They didn't stick to the MOU. Hmm.

And next time, if there is a deal subject to President Trump's discretion, that they stick to it because they are falling to their knees. Okay."