Treasury Secretary Scott Bessent said Thursday that Iran’s ruling elite are “wiring money out of the country like crazy,” declaring that “the rats are leaving the ship” as the Trump administration’s pressure campaign accelerates the regime’s economic collapse.
Bessent made the remarks during testimony before the Senate Committee on Banking, Housing, and Urban Affairs, telling lawmakers that Treasury is seeing unmistakable signs that Iran’s leadership believes the regime is approaching a breaking point.
The treasury secretary said the capital flight is the direct result of a deliberate pressure strategy that has hollowed out Iran’s economy…
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