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June 15, 2026 / 10:29 AM EDT
/ CBS News
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Vice President JD Vance denied on Monday that Iran will receive "billions of dollars of assets" as part of a the U.S.-Iran deal that was announced Sunday and is set to be signed later this week. "When people say that billions of dollars of assets will be released, that's not true," Vance said on "CBS Mornings." "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."The U.S. has yet to release the terms of the agreement. But Iran's powerful Revolutionary Guard said Monday that under the agreement, the country will receive $24 billion in frozen funds during the 60-day final negotiation period, of which half must be made available before final negotiations begin.Pressed on the possibility of unfreezing Iranian assets, Vance said while "we're open to a lot of things that are on the table," the $24 billion figure "just doesn't appear anywhere in any of the texts that we've talked about with the Iranians.""What we have said is that we're willing to talk about unfreezing assets, but a much, much bigger deal is unsanctioning their economy — so long as they make the long-term commitments on the nuclear program," Vance said.Vance stressed that "one of the things these hardliner elements in their country are going to do is misrepresent the deal, so that they can sell it to certain elements of their domestic audience.""But I think, again, the text is very clear," he added. "There's nothing about $24 billion."
