Scott Bessent

Trump administration to sanction unnamed 'large' bank on Monday, Bessent says

Bessent said the move was originally scheduled for Friday but was postponed because of the ceremonies marking the 25th anniversary of the September 11 attacks.

US Treasury Secretary Scott Bessent speaks during a press conference to outline further sanctions against Iran, at the Treasury Department in Washington, DC, US, August 24, 2026.
The Palestinian Authority Security Forces have expanded significantly since the Oslo Accords, becoming a central focus of debate over security and governance in the West Bank.

Bipartisan House group warns PA fiscal collapse could strengthen Hamas, Iran-backed groups

A security personnel stands guard as Iranians take part in a protest marking the annual al-Quds Day, on the last Friday of the holy month of Ramadan, in Tehran, Iran, March 13, 2026

Military, economic pressure on Iran may lead to internal uprising, US officials say

US Treasury Secretary Scott Bessent speaks during a press conference, as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, US, September 1, 2026.

Bessent: Iran in 'death throes,' US allies will support efforts to economically 'asphyxiate' IRGC


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.

Supporters of Lebanon's Hezbollah wave flags while commemorating Israel’s withdrawal from southern Lebanon in 2000, in the southern suburbs of Beirut, Lebanon, May 25, 2026.

US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden

The federal government's IOU has now more than doubled in less than a decade, from $19.95 trillion when US President Donald Trump was sworn in for the first time in January 2017.

The US Department of the Treasury Building in Washington, DC, US, July 11, 2026.

US imposes sanctions on ICC President Tomoko Akane, Treasury Department confirms

The sanctions freeze any US assets the individuals may have and essentially cut them off from the US financial system, with which almost all internationally operating banks have close ties.

Judge Tomoko Akane arrives prior to the announcement of the International Criminal Court (ICC) verdict that sentenced Malian Jihadist police chief Al Hassan Ag Abdoul Aziz Ag Mohamed Ag Mahmoud to 10 years in jail for war crimes and crimes against humanity.

US Treasury Secretary Bessent says US to apply measures 'never seen before' on Iran

"It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of Hormuz that will keep anything from going in or out," Bessent said.

U.S. Vice President JD Vance speaks next to Treasury Secretary Scott Bessent and acting Attorney General Todd Blanche during a cabinet meeting in the Cabinet Room at the White House, in Washington, D.C., U.S., May 27, 2026.

Senators press Rubio, Bessent on lack of counter-evasion sanctions on Russia

The US last imposed major sanctions on Russia in October 2025, when the Treasury Department targeted Russian oil companies Rosneft and Lukoil.

(File Photo) Marco Rubio and Scott Bessent arrive before US President Donald Trump, First Lady Melania Trump, Britain's King Charles III and Queen Camilla participate in an arrival ceremony on the South Lawn of the White House in Washington, DC, on April 28, 2026.

US targets UAE-based crypto exchange over alleged Iran sanctions evasion scheme

“Treasury will hunt down and dismantle the illicit financial networks that keep the regime afloat,” Secretary of the Treasury Scott Bessent said in a statement.

 The bear market in crypto erased $2 trillion in market value and led to several bankruptcies among crypto firms like Celsius, Voyager Digital and Three Arrows Capital, among others.

New Iran-related sanctions targeting tankers issued by US Treasury Department

“With its economy in freefall and inflation in the triple digits, the regime is desperate for cash,” said Treasury Secretary Scott Bessent.

A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran; Illustrative.

Trump signature to appear on US currency, ending 165-year tradition

The first $100 bills bearing Trump's signature and those of US Treasury Secretary Scott Bessent will be printed in June, followed by other denominations in subsequent months.

US President Donald Trump writes his signature, as he signs executive orders and proclamations in the Oval Office at the White House in Washington, DC, US, April 9, 2025.

US has 'plenty of money' to fund war in Iran, Treasury Secretary Scott Bessent says

US President Donald Trump has not yet sent a request for the Senate and House of Representatives to approve additional funding, and his administration has made clear that the number could change.

US Treasury Secretary Scott Bessent looks on as he speaks to the media after two days of meetings with a Chinese delegation, in Paris, France March 16, 2026