Scott Bessent
Bipartisan House group warns PA fiscal collapse could strengthen Hamas, Iran-backed groups
In a letter to Rubio and Bessent, US lawmakers said a fiscal crisis weakening the PA would create “exactly the kind of vacuum” Hamas and other Iran-backed actors seek.
Military, economic pressure on Iran may lead to internal uprising, US officials say
Bessent: Iran in 'death throes,' US allies will support efforts to economically 'asphyxiate' IRGC
Russia, US see grounds for financial ties, Russian finance minister says following G20 meeting
Bessent expects new US secondary sanctions weekly, aiming to increase pressure on Iran
"You're going to see a lot more of these every week," Bessent said ahead of a Group of 20 finance leaders meeting. "We're starting with the banks, and we're telling the banks it's not okay to have Ir
US Treasury revokes 'critical node' of Iranian access to US dollars in latest Tehran sanctions
The new sanctions come two days after the Treasury cracked down on what it called “far-left terrorist networks.”
Strategy or physical withdrawal: What does Washington’s shift from airstrikes to sanctions signify?
Despite the apparent success of the US’s blockade and sanctions campaign, Iranian officials have repeatedly expressed that they would not falter in maintaining control over the Strait of Hormuz.
Iran economic sanctions leading to extremist regime elements gaining power, dissident says - report
"Under President Trump, the Treasury Department will continue to cut off every economic lifeline sustaining this regime, until Tehran is left completely alone," Treasury Secretary Scott Bessent said.
US can still strike Hormuz targets, Hegseth warns as 'Economic D-Day' takes aim at Iran's economy
"By no means are we foreclosing using kinetic strikes anywhere in the Strait of Hormuz or around Iran," Hegseth told reporters.
US Treasury announces 'Operation Economic Outcast' on Iran following warning of 'economic D-Day'
"It is now a time for world leaders to make a decision between prosperity and isolation, peace and terror, America and Iran," declared US Treasury Secretary Scott Bessent.
Treasury Secretary Bessent says US entering 'endgame' with Iran, will sever economic lifelines
"Any remaining tie to Tehran will hasten the economic ostracism of countries and entities, whether that tie be purposefully constructed or wilfully ignored."
Trump says Iran 'would love' to make a deal with the US but isn't prepared to make the right one
Trump also said that the US had total control over the "entire region having to do with the Strait of Hormuz."
Treasury Secretary Bessent says US will 'squash' Iranian economy, collapse 'murderous regime'
"I see lots of reports that said, 'oh, well, this has never worked.' It does work, because we have a combination. It is a one-two punch," Bessent said.
US hits Hezbollah with fresh sanctions, emphasizing ties to Iranian government
The Treasury Department redesignated the group "for service to the Iranian regime under the command of Iran’s Islamic Revolutionary Guard Corps-Quds Force," according to a statement.