Scott Bessent
Middle East conflicts, energy supplies, to dominate IMF-World Bank meetings in Thailand
The US-Israeli-led war with Iran, now in its eighth month, and the inflation and hardship it has caused will dominate the agenda and sideline conversations during the annual meeting.
Pakistani defense company, CEO, among entities sanctioned by US over alleged support to Iran regime
Influencer Jake Paul calls for amended US Constitution, says civilians should be able to bear RPGs
Iranian airlines to be cut off from global system as US Treasury announces secondary sanctions
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.
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.
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.
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.
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.
