“Rats are leaving the ship”; Iran’s leadership is “frantically” moving money out of the country to flee

[Starmix]

According to the report, the US Treasury Secretary Scott Bessent said that Iranian leaders are moving money out of the country like crazy, which he views as a sign that the end may be near for the current regime. Testifying before the Senate Committee on Banking, Housing, and Urban Affairs, Bessent explained that this means the rats are leaving the ship. He added that this is a good sign, as such actions indicate that the end may be near.

The report stated that it was the reason why the Central Bank of Iran had to print money, that the Iranian currency had gone into free fall, inflation had exploded, and as a result, the people had taken to the streets, and they are expressing that they will continue to monitor Iran.

The report said that the Treasury Secretary addressed various other topics during the hearing, including potential credit card rate caps. He noted that President Trump has discussed implementing a one-year cap on credit card rates, adding that the profits of credit card firms need not be hit by such measures. Bessent mentioned that Treasury is examining what caps might do to the asset-backed securities market, with impacts depending on duration. When asked about cryptocurrency regulation.