Steven25's Blog

The US Keeps Openly Admitting It Deliberately Caused The Iran Protests

06.02.2026

Caitlin Johnstone

@caitoz

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Reading by Tim Foley

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2:54 / 6:03

Speaking before the Senate Banking Committee on Thursday, US Treasury Secretary Scott Bessent explicitly stated that the US deliberately caused a financial crisis in Iran with the goal of fomenting civil unrest in the country.

Asked by Senator Katie Britt

what more the US can be doing to place pressure on the Ayatollah and Iran, Bessent explained that the Treasury Department has implemented a “strategy” designed to undermine the Iranian currency which crashed the economy and sparked the violent protests we’ve seen throughout the country.

“One thing we could do at Treasury, and what we have done, is created a dollar shortage in the country,” Bessent

said

. “At a speech at the Economic Club in March I outlined the strategy. It came to a swift and I would say grand culmination in December when one of the largest banks in Iran went under. There was a run on the bank, the central bank had to print money, the Iranian currency went into free fall, inflation exploded, and hence we have seen the Iranian people out on the street.” (…)