1. Political Criticism of Democrats
- Democrats use “free benefits” (e.g., student loan forgiveness, healthcare, phones) to gain votes.
- These policies are vote-buying tactics aimed at influencing elections.
- Examples cited:
- Student loan forgiveness proposals (Elizabeth Warren, Chuck Schumer).
- Affordable Care Act (Obamacare).
- “Obama phones” (government-subsidized phone programs).
2. Student Loan Forgiveness Framed as Strategy
- The proposal to cancel up to $50,000 in student debt is portrayed as:
- Politically motivated.
- A tactic to mobilize voters ahead of elections.
- Supporters (like Warren) argue it promotes:
- Economic equity.
- Racial justice.
- Financial relief for millions.
3. Accusation of Misleading Promises
- Past Democratic initiatives were misrepresented or exaggerated:
- Healthcare framed as cheaper than reality.
- Government benefit programs portrayed as misleading “freebies.”
- Suggests a pattern of “big campaign promises” that don’t deliver as claimed.
4. Shift to Foreign Policy & National Security
-
- Treasury Department urging banks to detect money laundering tied to Iran.
- Targeting sanction evasion, especially involving oil and crypto networks.
5. Stronger Enforcement Under Trump
-
- Previous administrations failed to enforce sanctions strictly.
- The Trump administration is actively enforcing and expanding sanctions.
- Banks are now expected to:
- Flag suspicious transactions.
- Monitor shell companies and fake oil shipments.
6. Concerns About Global Financial System Abuse
- Highlights claims that:
- Iranian-linked networks moved billions of dollars (e.g., ~$4B in 2024).
- Some banks and institutions allegedly ignore suspicious sources for profit.
- Emphasizes new pressure on:
- U.S. banks.
- Foreign institutions (China, UAE, Hong Kong).
7. Economic Pressure Strategy
- The current approach toward Iran is:
- Combining financial sanctions + military pressure.
- Using secondary sanctions to penalize countries doing business with Iran.
- Goal: economically isolate and weaken Iran.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Without you, you we have without you, we have Somalia. Okay,
fine place where we have a congresswoman who immediately came
over to the country by marrying her brother, comes to
our country and then she tells us how to run
the United States of America. It's an amazing thing how
they could get away with it, and the people don't
want that to happen.
Speaker 2 (00:21):
You're listening to the forty seven Morning Update with Ben ferguson.
Speaker 3 (00:25):
Good Wednesday morning. Nice to have you with us on
the forty seven Morning Updating. We've got two big stories
for you. First up, you want to know how Democrats
are planning on winning the midterms. Apparently it's literally by
buying votes. What is their new plan. I'll explain it
to you in just a moment. Also, Iran is on notice,
Well maybe it's more of the people that are helping
(00:45):
them get their money. Many banks are now put on
notice by the Trump administration that if you're helping Iran
sell their oil and funnel their cash, you are in
serious trouble. But before we get to that, I want
to take a moment and ask you to help the
people in Israel. With my friends at the IFCJ working
(01:06):
right now on the ground for all those in need.
When we talk about Israel, we're not just talking about
a place. We're talking about a people connected to a promise,
a promise made by God, one he has never broken
and one that continues even today. Because God's character doesn't
change what he begins, He sustains what he promises, he fulfills,
(01:29):
and that matters today. Right now in Israel, families run
to shelters as sirens sound. Now this isn't just a crisis.
It's a call to respond for Christians. Caring for Jewish
people isn't rooted in politics. It's rooted in trust and
a God who keeps his word. So we don't stay distant.
We step in with prayer and practical help. The International
(01:53):
Fellowship of Christians and Jews is on the ground, bringing food,
caring for the vulnerable, and reminding people they're not alone.
This is what it looks like to line your heart
with Gods, to pray, to show up, and to care.
So join us and praying for peace of Jerusalem and
for the people who need it right now. Visit pray
(02:15):
I have CJ dot org. That's pray, I have CJ
dot org. It's the forty seven Morning Update, and it
starts right now.
Speaker 2 (02:25):
Story number one.
Speaker 3 (02:27):
If you're a Democrat ahead of the midterm elections, what
is the easiest way to get someone to vote for
you instead of Donald Trump? It is to offer you
free stuff. Now, we know that Democrats love to offer
free stuff. We know like they absolutely love to offer
the free stuff. Elizabeth Warren. I'm going to take you
(02:49):
back in time to twenty twenty one, when Elizabeth Warren
jumped on the bandwagon that you, as an American, should
not have to pay for college anymore, and if you
took out a bunch of debts, the American people should
pay off your student loan debt, even if you've failed
out of school.
Speaker 4 (03:04):
We are just about out of time, but I have
to ask you about this. You and I have talked
before about student loan debt. Senator Schumer is out this
morning with the new op ed asking the President to
extend that payment pause on student loans. He also wants
him to cancel fifty thousand dollars in student debt. We've
reached out on our end of the White House on this.
I have to ask you. The President has been reluctant
to take this step, this cancelation, when he's been asked
about it. Have you gotten, Senator, recently, any assurances from
(03:26):
the White House that this might actually be under consideration
from the President.
Speaker 5 (03:30):
I am not going to talk about private conversations, but
I will say the same thing in public. Debt, I know,
but I'll say the same thing in public that I
say in private, and that is, we need to cancel
fifty thousand dollars in student loan debt. That would free
up about thirty five million Americans from having any student
loan debt at all. It would be the single best
(03:51):
way that the President of the United States could help
close the black white wealth gap for people with student
loan debt. It's about racial justice, it's about economic justice.
It's about building a strong future going forward. He can
do this today.
Speaker 4 (04:06):
Private conversations aside, are you at least optimistic or do
you still see this as an uphill challenge?
Speaker 5 (04:10):
But I am optimistic, and I'm optimistic for exactly the
reason I gave, and that is it is the right
thing to do, and I believe Joe Biden will recognize that.
Speaker 4 (04:21):
Senator Elizabeth Warren, thank you again for your time and
for being on this morning.
Speaker 3 (04:24):
Now, let me just put it into context. Why I
just played for you that clip. We are now hearing
that Democrats are seriously considering bringing back the lie that
they are going to pay your student loans off if
you'll just elect them in the midterm elections. This is
not a joke. Democrats are having meetings now trying to
(04:47):
figure out what they can promise you that will get
you to the polls, what they can promise you that
will make you want to vote for them. Now it's
getting more and more expensive the promises, right, like they're
having to up the anni the original like just buy
a vote campaign by Democrats. That was all when Obama
(05:09):
was in office. And you may remember that Barack Obama
was a guy that was out there that was very excited,
and he wanted you to have what many described as
a Obama phone, and if you voted for Barack Obama,
he was going to give you one of those Obama phones.
And those Obama phones were free, right, you got free
(05:29):
cell phone minutes, right. And not only were they going
to do that, but then I go back to Barack
Obama and what he said about healthcare. Remember when Obamacare
was supposed to be free. Let's go back to twenty thirteen,
when the Lives are being told on Telemundo. He was
saying this to you guessed it illegal immigrants Latino community.
Speaker 6 (05:48):
I'd understand because nobody is more likely to have health
insurance than Latinos in this country, and they stand to,
for the first time, get affordable healthcare coverage that they
can count on for themselves and their families. And they
don't have to take my word for it. They'll be
able to go to a website or a place a
phone call, and they'll be able to look at the plans,
how much they cost, they deal that they get for it,
(06:11):
and choose one that's right for them. And I think
what people will find is, in fact, that it's an
absolute good deal and they should take advantage of it.
And when you look at some states like California who
are really moving this forward, they've already started to estimate
what their premiums are going to be. People are potentially
(06:31):
going to be able to get health insurance for less
than their cell phone bill. They'll have that security in
that coverage.
Speaker 3 (06:38):
Less than their cell phone bills. So not only will
we give you Obama phone, but we're going to give
you healthcare. It's going to be less than a cell
phone bill. By the way, that was a lie. We
knew it was a lie. Then we warned it was
a lie. But they passed Obamacare, you know, the bill
that we won't know what's in the bill until after
you get the bill. Remember that, until after we passed
the bill for Nancy Pelosi. And then there was the
original Obama phone woman that went viral at that Romney
(07:01):
event back in twenty twelve, the big lie that started
all the Hey, we'll just say we're gonna give away
free stuff. The woman out there near Cleveland, Bama.
Speaker 5 (07:11):
You got Obama phone?
Speaker 2 (07:12):
Yes, everybody in Cleveland.
Speaker 3 (07:14):
Oh my, Nordy got Obama fallI.
Speaker 5 (07:16):
A woman president. You know he gave us a phone.
Speaker 6 (07:20):
He give you a phone.
Speaker 5 (07:21):
Let he give you a phone? You shun up during
u a full steps you all charity?
Speaker 4 (07:26):
You got lo here come you give some.
Speaker 6 (07:30):
Okay, what's wrong with Romney again?
Speaker 5 (07:31):
Romney?
Speaker 2 (07:32):
He sucks me.
Speaker 3 (07:35):
Romney sucks bad. We can agree with that part of
the statement. So there you have it. As we get
ready for the midterms, get ready for the big lies
that are coming your way. Free stuff for everyone.
Speaker 2 (07:47):
Next story number two.
Speaker 3 (07:48):
The Treasury Department has just come out telling US banks
to flag suspected Iranian money laundering networks. The Treasury Department
is wanting US banks and other financial institutions to monitor
what they describe as Iranian money laundering networks that use
their funds to spuggle sanctioned oil through shell companies, as
(08:11):
well as crypto networks. The move, which effectively deputizes the
global financial system to help disrupt Iran's sanctions evasion infrastructure,
comes as the US and Iran reached another impasse over
how the end the war will happen while their ceasefire
has grown increasingly shaky. President Trump on Monday said the
(08:33):
Iranian ceasefire is on life support after he rejected Tehran's
latest proposal to end the war as a non starter
because they want to keep and have nuclear weapons. The
Trump administration is calling on banks now to flag certain
customers who may launder funds for Rand's Revolutionary Guard.
Speaker 1 (08:50):
Now.
Speaker 3 (08:50):
The IRGC is an essence in charge of the government
right now, they are a declared terrorist organization. What's also
really interesting about what's happening is this is what should
have already have been had opening under prior administrations. Except
prior administrations they decided to just look the other way.
We had sanctions on Iran, they just were not imposed,
(09:11):
they were not actually used. Again, prior administrations looking the
other way, trying appeasement instead of actually saying that we
are going to stop Iran from doing what they were
doing as a state sponsored terrorism. Now, the Biden administration
was actually very smart. They didn't lift the sanctions on Iran.
They just deliberately chose not to enforce the sanctions that
(09:32):
we had in Iran because they didn't want to get
hit politically. Well, now the Trump administration is saying, not
only are we going to have sanctions on Iran, but
we are now calling on the banks to do their job. Now,
once the government says this, this changes everything in the
banking community. Do you want to be the bank that
gets busted laundering funds through Iran's Revolutionary Guard, which is
a terrorist organization, And that's exactly why the Trump administration
(09:55):
is saying this. Now they're also saying this includes newly
companies moving unusually large amounts of money. They said, firms
that route payments through multiple intermediaries or transactions connected to
Iranian crypto firms. Now, as part of the US initiative
to monitor Iranian oil sales, banks are being asked to
(10:17):
watch out for oil labeled as Malaysian blend to disguise
its Iranian origin, missing or falsified shipping documents, or ship
to ship oil transfer that obscure where cargo originally came from.
In other words, are saying ignorance in the banking world
is no longer bliss.
Speaker 1 (10:37):
Banks.
Speaker 3 (10:37):
By the way, many banks they don't care where the
money that comes to their bank actually comes from. They
don't care if the money is coming from a terrorist
regime because they make money off that money. Right they
want massive depodsit's coming into their bank. So for years,
banks and there's many banks out there, and there are
shady banks, yes in the United Sedates America that have
no problem helping launder money for cartels, for Russia oligarchs,
(11:03):
or for terrorist organizations and groups. In fact, we saw
that after nine to eleven. Now Treasury Financial Crimes Enforcement
Network report released on Monday says oil firms linked to
Iran conducted roughly four billion I'm gonna say that again,
roughly four billion in transactions in twenty twenty four alone.
How is that even possible? It is because the enforcement
(11:25):
mechanisms in our banking system deliberately look the other way,
because what bank doesn't want four billion dollars in transactions
or at least a piece of that four billion dollars.
And dozens of shipping companies based in Iraq, the United
Air of Emirates in Hong Kong are all connected to
transporting sanction Iranian oil as well. They say proceeded proceeds
(11:45):
about seven hundred and seven million through US accounts in
twenty twenty four. So they're also now saying, hey, if
you see companies in Iraq and the UAE Hong Kong
that are doing this, you also now have an obligation
to report it. Now, along with a bombing campaign in Iran,
the Trump administration is now turned towards an economic focused
(12:05):
effort aimed at choking Tehran into submission. They do this
not only through sanctions that are actually enforced, but also
the threat of secondary sanctions on Iran's allies, which is
now very important. In April, and this went very much unreported,
Treasury Secretary Scott Besson send a letter to financial institutions
in China. In Hong Kong, the UAE, and Oman threatening
(12:29):
to levy sanctions and secondary sanctions for doing business with Iran,
and accusing those countries of allowing Iranian illicit activities to
flow through their financial institutions. So here we are the
President of United States of America yet again saying if
you're helping Iran, you are on our list. And if
(12:49):
you're an American bank or any bank that's connected to
the US and our institutions, you are also on notice
that if we catch you helping a taris regime, there
will be hell to pay for it. And that is
how the present continues to fight Iran as we speak.
Speaker 2 (13:05):
Thank you for listening to the forty seven Morning Update
with Ben Ferguson. Please make sure you hit subscribe wherever
you're listening to this podcast right now and for more
in depth news, also subscribe to the Ben Ferguson podcast
and we will see you back here tomorrow
Without you, you we have without you, we have Somalia. Okay,
fine place where we have a congresswoman who immediately came
over to the country by marrying her brother, comes to
our country and then she tells us how to run
the United States of America. It's an amazing thing how
they could get away with it, and the people don't
want that to happen.
Speaker 2 (00:21):
You're listening to the forty seven Morning Update with Ben ferguson.
Speaker 3 (00:25):
Good Wednesday morning. Nice to have you with us on
the forty seven Morning Updating. We've got two big stories
for you. First up, you want to know how Democrats
are planning on winning the midterms. Apparently it's literally by
buying votes. What is their new plan. I'll explain it
to you in just a moment. Also, Iran is on notice,
Well maybe it's more of the people that are helping
(00:45):
them get their money. Many banks are now put on
notice by the Trump administration that if you're helping Iran
sell their oil and funnel their cash, you are in
serious trouble. But before we get to that, I want
to take a moment and ask you to help the
people in Israel. With my friends at the IFCJ working
(01:06):
right now on the ground for all those in need.
When we talk about Israel, we're not just talking about
a place. We're talking about a people connected to a promise,
a promise made by God, one he has never broken
and one that continues even today. Because God's character doesn't
change what he begins, He sustains what he promises, he fulfills,
(01:29):
and that matters today. Right now in Israel, families run
to shelters as sirens sound. Now this isn't just a crisis.
It's a call to respond for Christians. Caring for Jewish
people isn't rooted in politics. It's rooted in trust and
a God who keeps his word. So we don't stay distant.
We step in with prayer and practical help. The International
(01:53):
Fellowship of Christians and Jews is on the ground, bringing food,
caring for the vulnerable, and reminding people they're not alone.
This is what it looks like to line your heart
with Gods, to pray, to show up, and to care.
So join us and praying for peace of Jerusalem and
for the people who need it right now. Visit pray
(02:15):
I have CJ dot org. That's pray, I have CJ
dot org. It's the forty seven Morning Update, and it
starts right now.
Speaker 2 (02:25):
Story number one.
Speaker 3 (02:27):
If you're a Democrat ahead of the midterm elections, what
is the easiest way to get someone to vote for
you instead of Donald Trump? It is to offer you
free stuff. Now, we know that Democrats love to offer
free stuff. We know like they absolutely love to offer
the free stuff. Elizabeth Warren. I'm going to take you
(02:49):
back in time to twenty twenty one, when Elizabeth Warren
jumped on the bandwagon that you, as an American, should
not have to pay for college anymore, and if you
took out a bunch of debts, the American people should
pay off your student loan debt, even if you've failed
out of school.
Speaker 4 (03:04):
We are just about out of time, but I have
to ask you about this. You and I have talked
before about student loan debt. Senator Schumer is out this
morning with the new op ed asking the President to
extend that payment pause on student loans. He also wants
him to cancel fifty thousand dollars in student debt. We've
reached out on our end of the White House on this.
I have to ask you. The President has been reluctant
to take this step, this cancelation, when he's been asked
about it. Have you gotten, Senator, recently, any assurances from
(03:26):
the White House that this might actually be under consideration
from the President.
Speaker 5 (03:30):
I am not going to talk about private conversations, but
I will say the same thing in public. Debt, I know,
but I'll say the same thing in public that I
say in private, and that is, we need to cancel
fifty thousand dollars in student loan debt. That would free
up about thirty five million Americans from having any student
loan debt at all. It would be the single best
(03:51):
way that the President of the United States could help
close the black white wealth gap for people with student
loan debt. It's about racial justice, it's about economic justice.
It's about building a strong future going forward. He can
do this today.
Speaker 4 (04:06):
Private conversations aside, are you at least optimistic or do
you still see this as an uphill challenge?
Speaker 5 (04:10):
But I am optimistic, and I'm optimistic for exactly the
reason I gave, and that is it is the right
thing to do, and I believe Joe Biden will recognize that.
Speaker 4 (04:21):
Senator Elizabeth Warren, thank you again for your time and
for being on this morning.
Speaker 3 (04:24):
Now, let me just put it into context. Why I
just played for you that clip. We are now hearing
that Democrats are seriously considering bringing back the lie that
they are going to pay your student loans off if
you'll just elect them in the midterm elections. This is
not a joke. Democrats are having meetings now trying to
(04:47):
figure out what they can promise you that will get
you to the polls, what they can promise you that
will make you want to vote for them. Now it's
getting more and more expensive the promises, right, like they're
having to up the anni the original like just buy
a vote campaign by Democrats. That was all when Obama
(05:09):
was in office. And you may remember that Barack Obama
was a guy that was out there that was very excited,
and he wanted you to have what many described as
a Obama phone, and if you voted for Barack Obama,
he was going to give you one of those Obama phones.
And those Obama phones were free, right, you got free
(05:29):
cell phone minutes, right. And not only were they going
to do that, but then I go back to Barack
Obama and what he said about healthcare. Remember when Obamacare
was supposed to be free. Let's go back to twenty thirteen,
when the Lives are being told on Telemundo. He was
saying this to you guessed it illegal immigrants Latino community.
Speaker 6 (05:48):
I'd understand because nobody is more likely to have health
insurance than Latinos in this country, and they stand to,
for the first time, get affordable healthcare coverage that they
can count on for themselves and their families. And they
don't have to take my word for it. They'll be
able to go to a website or a place a
phone call, and they'll be able to look at the plans,
how much they cost, they deal that they get for it,
(06:11):
and choose one that's right for them. And I think
what people will find is, in fact, that it's an
absolute good deal and they should take advantage of it.
And when you look at some states like California who
are really moving this forward, they've already started to estimate
what their premiums are going to be. People are potentially
(06:31):
going to be able to get health insurance for less
than their cell phone bill. They'll have that security in
that coverage.
Speaker 3 (06:38):
Less than their cell phone bills. So not only will
we give you Obama phone, but we're going to give
you healthcare. It's going to be less than a cell
phone bill. By the way, that was a lie. We
knew it was a lie. Then we warned it was
a lie. But they passed Obamacare, you know, the bill
that we won't know what's in the bill until after
you get the bill. Remember that, until after we passed
the bill for Nancy Pelosi. And then there was the
original Obama phone woman that went viral at that Romney
(07:01):
event back in twenty twelve, the big lie that started
all the Hey, we'll just say we're gonna give away
free stuff. The woman out there near Cleveland, Bama.
Speaker 5 (07:11):
You got Obama phone?
Speaker 2 (07:12):
Yes, everybody in Cleveland.
Speaker 3 (07:14):
Oh my, Nordy got Obama fallI.
Speaker 5 (07:16):
A woman president. You know he gave us a phone.
Speaker 6 (07:20):
He give you a phone.
Speaker 5 (07:21):
Let he give you a phone? You shun up during
u a full steps you all charity?
Speaker 4 (07:26):
You got lo here come you give some.
Speaker 6 (07:30):
Okay, what's wrong with Romney again?
Speaker 5 (07:31):
Romney?
Speaker 2 (07:32):
He sucks me.
Speaker 3 (07:35):
Romney sucks bad. We can agree with that part of
the statement. So there you have it. As we get
ready for the midterms, get ready for the big lies
that are coming your way. Free stuff for everyone.
Speaker 2 (07:47):
Next story number two.
Speaker 3 (07:48):
The Treasury Department has just come out telling US banks
to flag suspected Iranian money laundering networks. The Treasury Department
is wanting US banks and other financial institutions to monitor
what they describe as Iranian money laundering networks that use
their funds to spuggle sanctioned oil through shell companies, as
(08:11):
well as crypto networks. The move, which effectively deputizes the
global financial system to help disrupt Iran's sanctions evasion infrastructure,
comes as the US and Iran reached another impasse over
how the end the war will happen while their ceasefire
has grown increasingly shaky. President Trump on Monday said the
(08:33):
Iranian ceasefire is on life support after he rejected Tehran's
latest proposal to end the war as a non starter
because they want to keep and have nuclear weapons. The
Trump administration is calling on banks now to flag certain
customers who may launder funds for Rand's Revolutionary Guard.
Speaker 1 (08:50):
Now.
Speaker 3 (08:50):
The IRGC is an essence in charge of the government
right now, they are a declared terrorist organization. What's also
really interesting about what's happening is this is what should
have already have been had opening under prior administrations. Except
prior administrations they decided to just look the other way.
We had sanctions on Iran, they just were not imposed,
(09:11):
they were not actually used. Again, prior administrations looking the
other way, trying appeasement instead of actually saying that we
are going to stop Iran from doing what they were
doing as a state sponsored terrorism. Now, the Biden administration
was actually very smart. They didn't lift the sanctions on Iran.
They just deliberately chose not to enforce the sanctions that
(09:32):
we had in Iran because they didn't want to get
hit politically. Well, now the Trump administration is saying, not
only are we going to have sanctions on Iran, but
we are now calling on the banks to do their job. Now,
once the government says this, this changes everything in the
banking community. Do you want to be the bank that
gets busted laundering funds through Iran's Revolutionary Guard, which is
a terrorist organization, And that's exactly why the Trump administration
(09:55):
is saying this. Now they're also saying this includes newly
companies moving unusually large amounts of money. They said, firms
that route payments through multiple intermediaries or transactions connected to
Iranian crypto firms. Now, as part of the US initiative
to monitor Iranian oil sales, banks are being asked to
(10:17):
watch out for oil labeled as Malaysian blend to disguise
its Iranian origin, missing or falsified shipping documents, or ship
to ship oil transfer that obscure where cargo originally came from.
In other words, are saying ignorance in the banking world
is no longer bliss.
Speaker 1 (10:37):
Banks.
Speaker 3 (10:37):
By the way, many banks they don't care where the
money that comes to their bank actually comes from. They
don't care if the money is coming from a terrorist
regime because they make money off that money. Right they
want massive depodsit's coming into their bank. So for years,
banks and there's many banks out there, and there are
shady banks, yes in the United Sedates America that have
no problem helping launder money for cartels, for Russia oligarchs,
(11:03):
or for terrorist organizations and groups. In fact, we saw
that after nine to eleven. Now Treasury Financial Crimes Enforcement
Network report released on Monday says oil firms linked to
Iran conducted roughly four billion I'm gonna say that again,
roughly four billion in transactions in twenty twenty four alone.
How is that even possible? It is because the enforcement
(11:25):
mechanisms in our banking system deliberately look the other way,
because what bank doesn't want four billion dollars in transactions
or at least a piece of that four billion dollars.
And dozens of shipping companies based in Iraq, the United
Air of Emirates in Hong Kong are all connected to
transporting sanction Iranian oil as well. They say proceeded proceeds
(11:45):
about seven hundred and seven million through US accounts in
twenty twenty four. So they're also now saying, hey, if
you see companies in Iraq and the UAE Hong Kong
that are doing this, you also now have an obligation
to report it. Now, along with a bombing campaign in Iran,
the Trump administration is now turned towards an economic focused
(12:05):
effort aimed at choking Tehran into submission. They do this
not only through sanctions that are actually enforced, but also
the threat of secondary sanctions on Iran's allies, which is
now very important. In April, and this went very much unreported,
Treasury Secretary Scott Besson send a letter to financial institutions
in China. In Hong Kong, the UAE, and Oman threatening
(12:29):
to levy sanctions and secondary sanctions for doing business with Iran,
and accusing those countries of allowing Iranian illicit activities to
flow through their financial institutions. So here we are the
President of United States of America yet again saying if
you're helping Iran, you are on our list. And if
(12:49):
you're an American bank or any bank that's connected to
the US and our institutions, you are also on notice
that if we catch you helping a taris regime, there
will be hell to pay for it. And that is
how the present continues to fight Iran as we speak.
Speaker 2 (13:05):
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Host
Ben Ferguson
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