US Treasury Secretary John Snow echoed McPherson’s words the following day, emphasising the magnitude of the task. ‘We are not dealing with two weeks of conflict but two decades of misrule.’ He said that economic reconstruction could be partially paid for by the $1,700 million of frozen Iraqi assets in US banks, and that he had contacted international finance ministers requesting that they take similar action to seize assets. Snow also called for international creditors to consider debt relief.