U.S. Treasury will oversee frozen Iranian funds when they’re released, Bessent says
The Treasury Department will oversee Iranian funds when they are released under President Donald Trump‘s interim Iran agreement, Treasury Secretary Scott Bessent said Wednesday on CNBC’s “Squawk Box.” “A very large percentage of it will go to buy U.S. foodstuffs and medicines,” Bessent said, repeating what the president had said about how the unfrozen funds…