Treasury intends to use Iranian assets for Gulf allies to rebuild: CBS report

Source: thehill.com · Section: politics · Bias: Center-Right · Published: Mon, 08 Jun 2026 02:54:05 GMT

The Treasury Department is planning to use Iranian assets to assist Gulf allies in the rebuilding process resulting from Iranian damage from the war, according to a new report. CBS News, citing a source aware of Treasury Secretary Scott Bessent’s thoughts, reported Saturday that Iranian assets are set to be used by the department in...

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