Donald Trump said Federal Reserve policymakers would be wrong to raise interest rates after a blowout US jobs report, while insisting he doesn’t want to influence Kevin Warsh before he chairs his first Fed meeting https://t.co/FWJlBIQCwB
BREAKING: The U.S. is reportedly considering using frozen Iranian assets to help Gulf allies rebuild and repair damage caused by Iran, according to Reuters.
U.S. Treasury Secretary Scott Bessent has ordered an assessment of the damage Iran has caused to Gulf allies and is considering using frozen Iranian assets to help pay for both past and future repairs.
The move comes just one day after an adviser to Iran's Supreme Leader said any peace deal would require the release of $24 billion in frozen Iranian assets.