U.S. Treasury Secretary Bessent has commended Federal Reserve Chair Warsh for eliminating forward guidance, emphasizing the importance of not relying on dot plot forecasts. Bessent anticipates a return to pre-April real wage growth rates and expects economic growth to accelerate without triggering inflation. He highlighted the critical role of the U.S. dollar's dominance, suggesting that post-conflict Russia and Venezuela are likely to reintegrate into the dollar system. Bessent also addressed AI regulation, cautioning against allowing it to hinder progress. On the Iran issue, he stated that the U.S. Treasury will manage the distribution of funds to Iran through Qatar, ensuring that a significant portion is allocated to purchasing U.S. food and medicine, with oversight to ensure the funds benefit the Iranian people.