Scott Bessent warns countries aiding Iran will be cut off from US dollar

Treasury Secretary Scott Bessent announces powerful secondary sanctions on Iran. Economist Steve Moore discusses the zero-leakage strategy targeting the regime and its global facilitators, including China, on 'America Reports.'

Treasury Secretary Scott Bessent warns global financial institutions that any entity facilitating money laundering for Iran will be banned from the United States dollar system. Fox News co-anchor Sandra Smith and economist Steve Moore dissect the impact of these secondary sanctions, noting that China remains the critical trading partner that must comply to ensure the zero-leakage strategy succeeds.