The measures, which the Treasury Secretary first teased last week, are designed to punish “enablers” of Iran that purchase its oil and facilitate financial flows.
Treasury Secretary Scott Bessent warned that nations facilitating Tehran’s financial and trade networks must now choose between partnering with the United States or facing economic isolation.
Treasury Secretary Scott Bessent said on Sunday the United States is “entering the endgame” in the monthslong conflict with Iran as an “economic D-Day” is set to begin on Monday. In an opinion piece in the Financial Times, Bessent wrote about the strategy behind the planned slew of economic policies…
"The single greatest financial offensive ever" awaits Iran as the U.S.-Israel war with the totalitarian Islamic regime enters its "endgame," Treasury Secretary Scott Bessent warned Monday.
Treasury Secretary Scott Bessent on Sunday previewed the Trump administration’s economic offensive against Iran, set to begin Monday. Echoing President Trump’s rhetoric on the military operations against the Islamic Republic, Bessent said the U.S.
Treasury Secretary Scott Bessent has declared the "single greatest financial offensive ever marshaled" underway as of Monday morning, targeting Iran and its "enablers."
The Trump admin aims to choke off revenue streams to the Iranian regime by pressuring secondary countries to stop doing oil, energy and business deals with Tehran.
Treasury Secretary Scott Bessent on Monday announced an "economic onslaught" against Iran in the latest U.S. effort to put pressure on the Iranian regime. CBS News' Aaron Navarro, Javier David and Courtney Kealy have more.
Treasury Secretary Scott Bessent said Monday that the U.S. is launching an "economic onslaught" to isolate Iran from the global economy, warning that countries and businesses that do any business with Tehran will risk provoking U.S. sanctions.
Treasury Secretary Scott Bessent on Monday issued a global warning for countries to cut any financial ties with Iran or risk being cut off from the U.S. dollar system, launching a new economic pressure campaign against the Islamic Republic as the military front has reached a stalemate six months int…
The United States launched Operation Economic Outcast Monday to “tighten the noose” on Iranian forces by working with other countries to eliminate Iran’s trade options. “Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone,” said United Sta…
Treasury Secretary Scott Bessent on Monday launched what he called Operation Economic Outcast — a global campaign to shut down every last source of financial oxygen feeding a fractured rump regime in Tehran that’s already circling the economic drain.
Treasury Secretary Scott Bessent on Monday laid out the Trump administration's plan for a campaign to create "economic onslaught" against Iran and its partners. "Face the Nation" coordinating producer Richard Escobedo has more.
Six months into the war on Iran — and with less than three months left before the midterms — the Trump administration has decided it’s time for Plan C. Treasury Secretary Scott Bessent on Monday laid out his ambitions for an “economic onslaught” against the Islamic Republic that would target its “fi…
White House: This is the "single greatest financial offensive ever mounted against an adversary." The post Iran Threatens U.S. With ‘Seismic’ Attack as Trump Admin Launches ‘Operation Economic Outcast’ first appeared on Le·gal In·sur·rec·tion .
Treasury Secretary Scott Bessent warned that countries and companies continuing to do business with Iran could be cut off from the US dollar-based financial system. The move marks a major escalation in Washington’s economic pressure campaign as the Trump administration seeks to force Tehran to end a…
Washington Examiner economics columnist Tiana Lowe Doescher on Monday praised Treasury Secretary Scott Bessent, who appears to be the new face of economic pressure placed on Iran. “Bessent is indeed the best-equipped person to handle this.
Treasury Secretary Scott Bessent declared Tuesday that Iran’s leadership is already “panicking” under President Donald Trump’s mounting economic offensive — pointing to stark warnings from Tehran’s own president and parliament speaker about the country’s deteriorating economy while vowing to continu…
This week, the White House officially announced that “Operation Economic Outcast” is in effect. What does this new slogan represent? Secretary of the Treasury Scott Bessent explains: “We are launching an economic onslaught against Iran’s financial connections around the globe.
U.S. Treasury Secretary Scott Bessent is fighting back against Iran and its enablers with sanctions that are serious business. He outlines what they are and what nations are being looked at. The list includes China, Hong Kong and UAE, among others.