Scott Bessent: “We’ve become addicted to this government spending, and there’s going to be a detox period.”

Core inflation is low. Consumer confidence is strong. We have the highest consumer confidence — it came out today — in five months.

Those who stand with the United States will reap the rewards of our partnership. Those who tether themselves to the Iranian regime should expect to share in the isolation of a withering regime.

I think there is a chance we may have a deal today or tomorrow to open the Strait and move towards a more normalized position in this conflict.

Any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.