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Trump Admin Renames Iran's $300 Billion Reparations Demand an 'Investment Fund' to Avoid a Political Firestorm at Home

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The man who spent a decade calling Obama a traitor for sending Iran $400 million is now floating a fund four hundred times that size, just with a friendlier name on the tin. A draft memorandum of understanding between the United States and Iran, reported by the New York Times on 28 May 2026, includes a proposed £224 billion ($300 billion) reconstruction mechanism for Iran. The fund's inclusion follows months of negotiations to end the 2026 US-Iran war, during which Tehran had explicitly demanded reparations for bombardment damage that some Iranian officials estimate at between £224 billion ($300 billion) and £745 billion ($1 trillion).

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