“Nobody’s Getting $300 Billion Fund” - JD Vance On Iran’s Reconstruction Fund Explained

**Patrick Bet-David** (0:00)
Meanwhile, Iran's holding the funeral for Ayatollah Ali Khamenei. And guess when they're doing it? Fourth of July.

**SPEAKER_2** (0:06)
Yeah.

**Patrick Bet-David** (0:07)
That's when they're doing it. You think it's accidental? When is Fourth of July? What day is it on? When is Fourth of July?

**SPEAKER_2** (0:12)
I think it's on a Friday.

**Tom** (0:13)
It's a weekend now.

**Patrick Bet-David** (0:14)
Is it? So maybe it's a coincidence. Maybe it's a coincidence. Maybe it's like an accidental coincidence.

**SPEAKER_2** (0:21)
90 days ago, how long was he killed ago?

**Patrick Bet-David** (0:23)
Yeah.

**JD Vance** (0:23)
He's been on ice.

**SPEAKER_2** (0:25)
I mean, how long did he go?

**Patrick Bet-David** (0:26)
Yeah, but they needed safety to be able to do the ceremony the way they're going to do it. They're probably going to do it pretty big.
Can you guys do me a favor? Can you pull up the clip of what Vance said denies that Iran will receive billions of dollars of assets in the deal? Because that's the kicker right there, right? Is it going to be just the frozen assets? The 300 billion is the real thing. And even though US is brokering the deal, if I'm not mistaken, it's not 300 billion dollars that taxpayers will be paying. I think it's an element of a multiple different countries that are involved in that. Is this it? Guys about the money?

**Tom** (1:01)
Yeah, and releasing frozen...

**Patrick Bet-David** (1:02)
Okay, go for it. Go for it.

**JD Vance** (1:04)
People say that billions of dollars of assets will be released. That's not true. What is true is that Iran will have a much better and much more prosperous future if they meet the obligations they make in this agreement. We'll of course see. That's one of the things we're going to work out in the technical talks that will follow the official signing on Friday.

**Ed O'Keefe** (1:22)
Mr. Vice President, it's Ed O'Keefe. We're so glad you're here in part because, as Republican Senator Lindsey Graham said yesterday, you are the architect of this deal, so let's walk through some of this. The Iranians are saying that they're going to have access to a $300 billion reconstruction fund. True or false?

**JD Vance** (1:38)
Well Ed, that's the sort of thing they could have access to, funded by the Gulf Coast Coalition, so long as they honor their and the obligation. I think that one of the things you're going to see, Ed, and people have to be skeptical of this, is that the hardliners in the Iranian system will over emphasize the benefits that Iran gets, while under emphasizing all the things that they have to concede, and all the things they have to provide in order to get these benefits. So we absolutely are open to the Gulf Coast countries investing in the reconstruction of Iran, but only if Iran ends their nuclear program, ends their enriched stockpile of material, and is really open to inspections and enforcement regime, that gives the American people confidence they're never going to have a nuclear weapon. So I think the dance you're going to see, Ed, which is going to be interesting, is the Iranian media, especially the hardline media, they're going to talk a lot about what they get without talking about what they give. It's important for all of us to correct that record.

**Patrick Bet-David** (2:36)
Well, pretty interesting.

**Adam** (2:38)
Well, listen, one thing he didn't want to hear is you are the architect. Yeah, I mean, that is like, you know, this is lawyer talk. Lawyer talk. This is presidential election talk, 2028
He's setting JD Vance up, or somebody is, for a big win or a big fall.

**Patrick Bet-David** (3:00)
Yeah, so this $300 billion is not reparations, just so you know. It's not a guarantee. Everybody wants to know who controls the money.

**Adam** (3:06)
You're right, it's a lot of release of...

**Patrick Bet-David** (3:09)
Apparently, golf states are going to be involved. Private investors are going to be involved.
US is going to be involved. It's not a check wire. We're handing it to you. Go do whatever you want to do. There are certain things that they could do to screw up even getting the money. But Tom, your thoughts? What else do you know about this $300 billion?

**Tom** (3:25)
I love the line that's in the 14 points.
While ensuring a financing of at least $300 billion, agreed upon by both parties for the rehabilitation and economic development of the Islamic Republic and of Iran, together with regional partners to create a comprehensive plan that will be formulated within 60 days. They're saying financing. They're not saying that this is more palates like Obama sent over there. They're talking about Gulf states. So let me just make it really simple. Do you remember everybody was upset when Dick Cheney, I mean the United States arranged for Halliburton to go back and rebuild Iraq?