Money• April 24, 2026 • By Staff Writer

Bessent defends U.S. dollar swap lines as Iran war harms global finances

President Donald Trump, asked on CNBC’s “Squawk Box” this week about a possible UAE swap line, appeared to say he is in favor of it.

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Written by a Staff Writer at this publication, this article reflects the work of our editorial team. Our staff writers cover topics locally and nationally to keep you informed on the top stories of our time.

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