RAPID CITY, S.D. (KOTA) – It has been almost 100 days since the U.S. launched its attack on Iran, leading to more than a dozen deaths of U.S. service members and hundreds more injuries.
Wyoming Sen. John Barrasso questioned Treasury Secretary Scott Bessent Wednesday about what the administration is doing to achieve some sort of deal that could end the bloodshed and potentially begin to bring prices down at home.
“And then a final question. And it’s on continuing the economic pressure on Iran. The President talks about ‘Maximum Pressure.’ How does your budget help ensure that Treasury has the tools that you need to keep that economic pressure?” Barrasso said.
“We have a dedicated staff that had done a fantastic job of outlining the black market and the flow of Iranian oil and energy around the globe. We have frozen assets, we are holding those. And we have severely disrupted the Iranian economy and the Iranian war machine. We think inflation may be over 200%. Their currency has collapsed. We believe more than 50% of the army is not getting paid and that police are not reporting to the police station,” Bessent said.
The House has passed a resolution approving the War Powers Act, which will now head to the Senate.
Under the War Powers Act, the president is prohibited from keeping U.S. troops in active hostilities for more than 60 days without congressional approval.
If passed, the Act would force a halt to U.S. military operations against Iran.
See a spelling or grammatical error in our story? Please click here to report it.
Do you have a photo or video of a breaking news story? Send it to us here with a brief description.
Copyright 2026 KOTA. All rights reserved.