.@SecScottBessent: "Dollar dominance is essential, and everything @POTUS is doing here — if you look, the new Venezuela... the dollar is going to be the centerpiece of their trade... We're seeing in the Iranian negotiations, the Iranians will be invoicing in dollars. Everything we are doing is pushing the dollar back... we're reinforcing it."
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Data centers must bring their own power, they must reuse their own water, and they must reduce electricity costs for residential and small business customers.
We will slash incentives and protect Texas neighborhoods.
Those are bottom line expectations.
Under President @realDonaldTrump and @VP, we continue to make the world safer and more prosperous.
In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of Hormuz and to permit International Atomic Energy Agency (IAEA) inspectors into their country.
As part of the framework, Treasury has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil.
Traffic visible via https://t.co/Y4QTdcQsH7 in the Strait of Hormuz shows at least 2 dozen vessels have transited over the last 24 hours, with all but one vessel visible using the Iranian traffic separation scheme. It is highly likely more transits occurred than are shown with vessels turning off their automatic identification system transponder for the transit.