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June 7, 2026       Share:    

Source: https://www.realclearpolitics.com/articles/2026/06/04/iran_facing_multifront_war_as_bessent_ratchets_up_financial_squeeze.html

U.S. Rachets Up Financial Squeeze on Iran

(RealClear Politics) Larry Kudlow - Treasury Secretary Scott Bessent told me in an interview on May 29 that America has seized roughly $1 billion in Iranian cryptocurrencies. He estimates that "40-50%" of Iran's troops "aren't getting paid. Police aren't reporting to the station. Inflation is probably over 200%."

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