US sanctions on Iran worked, Treasury chief Bessent says
“President Trump ordered the Treasury and our OFAC division to put maximum pressure on Iran and it worked,” US Treasury Secretary Scott Bessent said when asked whether US sanctions on Iran were effective.
“In December their economy collapsed. We saw a major bank go under. The central bank has started to print money. There is a dollar shortage. They are not able to get imports and this is why the people took to the street,” he added.
