Vice President JD Vance all but confirmed a detail being floated as part of the tentative U.S.-Iran peace deal: Iranian access to $300 billion in reconstruction funds.
Vance was asked by CBS’s Ed O’Keefe Monday morning about whether the rumored detail was true, and he said that it could be possible if Iran adheres to the agreement.
“That’s the sort of thing they could have access to, funded by the Gulf coast coalition, so long as they honor their end of the obligation,” Vance said. He noted that Iranian officials and media would be emphasizing the benefits they receive from the deal as opposed to what they concede.
CBS: The Iranians are saying they're gonna have access to a $300 billion reconstruction fund. True or false?JD VANCE: That's the sort of things they could have access to so long as they honor their end of the obligation pic.twitter.com/30Ip8CGItn
— Aaron Rupar (@atrupar) June 15, 2026Vance’s admission contradicts what he said on Friday, when he claimed in an X post that Iran would not be “receiving any cash, and no funds are being released simply for signing a deal or attending a meeting.” In addition to the U.S. paying $300 billion in reconstruction funds, Iran reports that the U.S. has agreed to release $25 billion in frozen Iranian assets.
Conservatives, including Trump and Vance, have long criticized the Obama administration’s 2015 nuclear deal, which involved the U.S. lifting sanctions and sending Iran $1.7 billion to settle decades-old failed contracts between the two countries.
That deal was also succeeding, with international observers stating that Iran was adhering to all its nuclear terms. It was Trump who decided to break it in his first term and then start a war with Iran in his second. Now, he’s only pushing a deal because his efforts are failing spectacularly, costing money, innocent lives, and American credibility.
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