BESSENT: Iran 100K barrels now 1.7 million exports; no Central Bank Digital Currency, debt limit

BESSENT: Iran was down to 100,000 barrels of oil exports when President Trump left office — they’re now exporting ~1.7 million.

We can make the Iranian regime broke again — and at the same time, increase our domestic production with the highest energy standards in the world.

BESSENT: “I see no reason for the U.S. to have a Central Bank Digital Currency.”

BESSENT TO WARREN: If President Trump wants to eliminate the debt limit, I will work with him and you on that.

BARRASSO: What would letting the Trump tax cuts expire mean for small businesses?

BESSENT: “It would be devastating, especially for small businesses… I believe Wall Street has done great the past few years, and that Main Street has suffered. I think it’s Main Street’s time.”

BESSENT: Opportunity zones are “a fantastic way to address the housing crisis.”

Treasury Secretary-designate Scott Bessent: Free trade must be also balanced against fair trade, and clearly what has happened is the trade has not been fair. That has fallen on the American workers… China is the most unbalanced economy in the world. They are in a recession and they are trying to export their way out of that.

https://www.facebook.com/HygoNewsUSA/videos/585974737531837

BESSENT: Iran 100K barrels now 1.7 million exports; no Central Bank Digital Currency, eliminate debt limit

Key Points

BESSENT: Iran was down to 100,000 barrels of oil exports when President Trump left office — they’re now exporting ~1

• We can make the Iranian regime broke again — and at the same time, increase our domestic production with the highest energy standards in the world
• BESSENT: “I see no reason for the U
• to have a Central Bank Digital Currency

Transcript Highlights

The following is transcribed from the video audio:

• I would view that as we can raise US production, we would squeeze down the bad actors, especially Iran
• I think I’m right, maybe not in the exact numbers, but in order of magnitude, I believe Iran was down to 100,000 barrels of oil exports when President Trump left office
• I believe that they are now exporting in excess, or approximately 1
• So through sanctions policy, I believe that we can, again, as I like to say, make Iran poor again, not the Iranian people, the Iranian government
• And then at the same time, they have our domestic producers push that up with the highest energy standards in the world
• On CBDCs, I see no reason for the US to have a central bank digital currency
• And once President Trump takes office, and if I’m confirmed, if he wants to eliminate the debt limit, I will work with him and you on that
• Great, great, because I agree with President-elect Trump that the debt limit should be repealed
• And I recently read data that in terms of affordable housing, the Opportunity Zones have created more affordable housing within the zones than any other federal government program since Opportunity Zones were created
• So I think that it’s a fantastic way to address the housing crisis

Full transcript: 548 words transcribed via Whisper AI.