The Trump administration is pushing back against reported details regarding the proposed deal with Iran, with Vice President Vance insisting Tehran would not be “receiving any cash” under the agreement.

Vance on Friday morning reupped President Trump’s dismissal of details leaked by Tehran about a possible memorandum of understanding between the two sides. 

“I’m seeing a lot of fake information about a potential deal to reopen the Strait and end Iran’s nuclear weapons program,” Vance wrote in a social media post. 

“First, the Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting,” he continued. “The deal is structured to ensure that the US and its allies concerns are prioritized, and that if the Islamic Republic of Iran meets its obligations, then economic benefits will flow to them and to the entire region.” 

Vance added that the deal “has the potential to remake the region and lead to lasting peace.” 

An Axios report of the agreement’s details on Thursday, which cited a U.S. official and a diplomat from a country involved in the mediation process, said it would reopen the Strait of Hormuz and lift U.S. sanctions on Iranian oil for 60 days during an extended ceasefire period. 

Additionally, The New York Times reported the agreement included a provision for a $300 billion reconstruction investment fund for Iran, citing information from an Iranian official and a diplomat.

Sen. Lindsey Graham (R-S.C.) called the reported fund “tone deaf” in a social media post on Friday and expressed his relief to hear Trump dispute Tehran’s account. 

“It would be akin to a Marshall Plan for Germany with the Nazis still in charge,” Graham said, in reference to the reported reconstruction fund. “That wouldn’t have been a good idea then, and any reconstruction fund that benefits this terrorist regime wouldn’t be a good idea now.”

A U.S. official told NewsNation on Friday that the two sides are 75 percent of the way to finalizing a deal. The official said the agreement includes provisions to reopen the strait, cut off Iran’s funding to terrorist groups and disable the country from obtaining a nuclear weapon. 

“While this is tentative, we feel confident that we will be signing this in the next few days,” the official said. 

Iranian Foreign Minister Abbas Araghchi said the two sides have “never been closer” to reaching an agreement in a Friday social media post. 

“Pending its finalization, the media should refrain from entering speculation about its content,” he wrote. “In line with our responsible and transparent approach, all details will be shared with the public in due course.”

Vance ended his Friday morning post with an assurance that Trump will “get us a good outcome, one way or the other.”

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