Markets · delayed Markets · delayed · loading…
← Back to all news
World United StatesConflictsDiplomacy Checking in progress Published 12 November 2026 · Updated 12 Nov, 17:45 UTC

Trump says the US does not 'need a deal with Iran' and orders Vance to focus on fraud at home

President Donald Trump said on Thursday that he has asked Vice President JD Vance to give his 'complete and total attention' to what he called massive corruption and crime in Democrat-run cities and states, and wrote: 'We don't need a deal with Iran. Those days have long since passed.' The post came a day after reports that Vance was considering direct talks with a senior Iranian security official.

President Donald Trump at Arlington National Cemetery (file photo)
Photo: Official White House Photo by Daniel Torok via Wikimedia Commons · (File photo — not from this event)

Checking in progress

This story is still being checked. Claims below are published as claims — never dressed as facts — and each one moves only when the evidence earns it.

  1. Collecting reportsDone
  2. Grouping the versionsDone
  3. 3Checking claims4 of 5 claims checked
  4. 4Human gateStill to come

4 of 5 claims checked so far · step 3 of 4: Checking claims

Key points

  • Trump posted that Vance should give his 'complete and total attention' to corruption and crime in Democrat-run cities and states.
  • In the same post: 'We don't need a deal with Iran. Those days have long since passed.'
  • The post came a day after reports that Vance was considering direct talks with Iran's security chief Rezaei.
Show more (1)
  • Iran had not responded in the reporting read, and no formal change to the US negotiating team has been announced.
Your take
Sign in to record your take — it’s free, so one person counts once
Takes sit on a free account, so one person counts once.

What happened

The United States and Iran have been at war since February, and the June memorandum of understanding that was meant to open a path to a settlement lapsed without a final deal. Vance, who helped negotiate that memorandum, tried last month to revive contact by writing to Mohsen Rezaei, the secretary of Iran's Supreme National Security Council; Rezaei has publicly denied that negotiations are under way and says the Strait of Hormuz stays shut until Iran's seven conditions are met.

Trump's Thursday post redirects his vice president to a domestic brief — the anti-fraud task force Vance already chairs — and states in the president's own words that Washington does not need a deal. What that means for the talks themselves, and for the blockade and the strait, is not stated in the post.

What we know / what we don't know yet

What we know

  • That Trump posted the words quoted here on Thursday, in his own name.
  • That Vance chaired the administration's anti-fraud effort before this post, and helped negotiate the June memorandum with Iran.
  • That oil prices were mixed on Thursday after the comments, CNBC reported.

What we don't know yet

  • Whether Vance's role in the Iran negotiations has formally ended, and who leads them now.
  • How Iran will respond to the post — no Iranian response appears in the reporting read.
  • What evidence supports the post's figures on fraud losses and on Iranian money held — the post gives none.
§

Claim by claim

4 verified· 0 disputed· 1 not yet verified· 0 corrected
Show all claims (5)
Verified
President Trump posted on Truth Social on Thursday that he has asked Vice President Vance to focus his 'complete and total attention' on what he called the 'Massive Corruption and Crime' in Democrat-run cities and states, naming Minnesota, California and Illinois, and saying billions of dollars are stolen every month.

Why this label: These are the president's own words in his own post, quoted word for word by several outlets; that he said them is verified by the post itself. His claims about the scale of fraud are his assertions, carried as such.

On the ladder: a claim earns Verified from primary evidence, or from two independent sources that do not copy each other.

Verified
In the same post Trump wrote: 'We don't need a deal with Iran. Those days have long since passed. We've got their money, Hundreds of Billions of Dollars, and we've got their Strait!'

Why this label: The quotation is the president's own. What the United States holds of Iran's money, and who controls the Strait of Hormuz in practice, are his assertions and are carried as his words, not as findings.

On the ladder: a claim earns Verified from primary evidence, or from two independent sources that do not copy each other.

Verified
Vance was a key figure in the June memorandum of understanding between the US and Iran, which opened a 60-day window to finalise an end to the war; the window passed without a deal. Last month, with Trump's blessing, Vance sent a letter to Iran's security chief Mohsen Rezaei seeking a meeting, and the Wall Street Journal reported on Wednesday that he was considering face-to-face talks with Rezaei.

Why this label: The MOU history and the October letter are reported by the Post; the letter and Rezaei's denial of negotiations are also carried on Vozia's live story on Rezaei's seven conditions.

On the ladder: a claim earns Verified from primary evidence, or from two independent sources that do not copy each other.

Verified
Oil prices were mixed on Thursday after the president's comments, CNBC reported, as traders weighed whether an end to the US–Iran war was in sight.

Why this label: CNBC's market report of Thursday's trading; prices move for many reasons, and the report attributes the day's moves to the comments.

On the ladder: a claim earns Verified from primary evidence, or from two independent sources that do not copy each other.

Not yet verified
Whether the post formally ends Vance's role in the Iran negotiations is not settled: the New York Post reports it leaves envoys Steve Witkoff and Jared Kushner as the primary negotiators with Iran, but no White House statement confirming a change to the negotiating team appears in the reporting read, and Iran has not responded in that reporting.

Why this label: One outlet's account of the consequence; the post itself sets Vance's task but does not name a replacement negotiator.

On the ladder: the evidence so far sits low — early, single or social sources. We publish the claim as a claim, never as fact.

Why it matters

The vice president was the most senior US figure actively exploring talks with Tehran. If his own president has publicly closed the door on a deal, the remaining routes to ending the war narrow to the envoys' channel and to events on the water — where tanker incidents in the strait are continuing.

Background

Show the background timeline (4)
  • The US and Iran sign a 14-point memorandum of understanding opening a 60-day window to finalise an end to the war; the window lapses without a deal.

  • Vance writes to Iran's security chief Mohsen Rezaei seeking a meeting; Rezaei publicly denies negotiations are under way.

  • The Wall Street Journal reports Vance is considering face-to-face talks with Rezaei.

  • Trump posts that Vance should focus on domestic fraud, and that the US does not need a deal with Iran.

Update history

No silent edits. Every change is written here, with its time.

  • Latest

    Published in Checking state — the president's words are on the record, and Iran's response and any formal change to the US negotiating team are still to come.

← Back to all news