Bessent: Iran's Economy Is Collapsing - and More Pain Is Coming
By Nick Arama | 3:10 PM on May 28, 2026
The opinions expressed by contributors are their own and do not necessarily represent the views of RedState.com.
As we reported, a Memorandum of Understanding (MOU) has reportedly been reached by negotiators between Iran and the U.S., but it hasn't been approved by President Donald Trump. We'll keep you apprised on that, but so far, the White House hasn't confirmed anything.
Iran was trying to float a fake MOU that the White House had called out the day before, but this new report was allegedly based on U.S. officials and not Iran.
READ MORE: Breaking: 'Memorandum of Understanding' Reportedly Reached Between Iran and US
Iran Tries Another Slick Move With Report on What's in Deal - White House Decimates Their Claims
Iran Tries Another Slick Move With Report on What's in Deal - White House Decimates Their Claims
In any event. Treasury Secretary Scott Bessent explained that Operation Economic Fury had led to some big consequences in Iran and more was on the way. Their economy was in "free fall," Bessent explained.
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READ MORE: https://redstate.com/nick-arama/2026/05/28/bessent-drops-more-economic-fury-n2202803
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