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Scott Bessent

Scott Bessent

United States Secretary of the Treasury

259 related reports

Profile details

United States Secretary of the Treasury (2025–)

Born1962-08-21 · Conway, South Carolina
PartyRepublican
Offices
  • United States Secretary of the Treasury2025-01-28–presentPreceded by: Janet Yellen
  • Acting Commissioner of Internal Revenue2025-08-08–2026-03-06Preceded by: Billy Long
  • Acting Director of the Consumer Financial Protection Bureau2025-02-03–2025-02-07Preceded by: Zixta Martinez · Succeeded by: Russell Vought
EducationYale University (BA)

Wikipedia

Portrait: United States Department of the Treasury · Public domain · Wikimedia Commons

Statements

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Related reports

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WorldWhy Bessent’s Iran ‘D-Day’ Threat Depends on Whether He’ll Target China

Treasury Secretary Scott Bessent’s warning of an “economic D-Day” against Iran could put the US on a collision course with China, its main trading partner. Bloomberg’s Jon Herskovitz examines how likely Washington is to take aggressive action against Beijing.

Scott BessentIranChinaeconomic sanctions

BBloomberg TelevisionOriginal★★★★☆2026-08-25 12:29

Why Bessent’s Iran ‘D-Day’ Threat Depends on Whether He’ll Target China
Why Bessent’s Iran ‘D-Day’ Threat Depends on Whether He’ll Target China

WorldCould Iran’s regime collapse? Experts assess Bessent’s bid to sever financial lifelines

Treasury Secretary Scott Bessent announced a sweeping U.S. economic offensive against Iran, dubbed an “economic D-Day,” aimed at cutting the global financial ties sustaining Tehran’s regime. The rial then fell to an all-time low of 2.02 million per dollar. Experts say combined economic and military pressure could fuel another uprising, though its timing cannot be predicted.

IranUS sanctionseconomic pressureregime stability

FFox NewsOriginal★★★★☆2026-08-25 12:09

Could Iran’s regime collapse? Experts assess Bessent’s bid to sever financial lifelines
Could Iran’s regime collapse? Experts assess Bessent’s bid to sever financial lifelines

WorldBessent’s Iran Threat Hinges on US Willingness to Hit China

Treasury Secretary Scott Bessent’s threat of an economic assault on Iran could put the US on a collision course with China, Tehran’s main trading partner. Global stocks rose as chipmakers rebounded and lower bond yields provided support after Brent crude fell below $90 a barrel. Volkswagen CEO Oliver Blume said about half of the company’s additional job cuts will need to take place in Germany.

USIranChinasanctionsmarkets

BBloomberg TelevisionOriginal★★★★☆2026-08-25 11:29

Bessent’s Iran Threat Hinges on US Willingness to Hit China
Bessent’s Iran Threat Hinges on US Willingness to Hit China

EconomyIran War: Bessent Sanctions Plan Threatens US-China Tensions

Treasury Secretary Scott Bessent’s threat to launch an “economic D-Day” against Iran risks putting the United States on a collision course with China, its main trading partner.

Iran warsanctionsUS-China relations

BBloomberg TelevisionOriginal★★★★☆2026-08-25 07:15

Iran War: Bessent Sanctions Plan Threatens US-China Tensions
Iran War: Bessent Sanctions Plan Threatens US-China Tensions

WorldChina in the Crossfire of Bessent’s Latest Iran Sanctions

The China Show examines US threats to sanction Iran’s trading partners and the implications for China. It also discusses reports that the US and China are extending their trade truce.

Iran sanctionsUnited StatesChinatrade

BBloomberg TelevisionOriginal★★★★☆2026-08-25 06:34

China in the Crossfire of Bessent’s Latest Iran Sanctions
China in the Crossfire of Bessent’s Latest Iran Sanctions

WorldExpert argues Bessent is ‘banking on’ a threat

Treasury Secretary Scott Bessent has threatened secondary sanctions against Iran. Foundation for Defense of Democracies senior fellow Miad Maleki weighs the implications of the threat and argues that Bessent is “banking on” it.

Scott BessentIransecondary sanctionseconomic pressure

FFox NewsOriginal★★★☆☆2026-08-25 04:15

Expert argues Bessent is ‘banking on’ a threat
Expert argues Bessent is ‘banking on’ a threat

World‘Economic asphyxiation’: Bessent outlines Trump’s plan to choke Iran into submission

Treasury Secretary Scott Bessent announced a new round of secondary sanctions targeting countries that continue to do business with Iran. The Trump administration is seeking to cut off Tehran’s financial lifeline to end the war.

Iransecondary sanctionsTrump administrationeconomic pressure

FFox NewsOriginal★★★★☆2026-08-25 02:45

‘Economic asphyxiation’: Bessent outlines Trump’s plan to choke Iran into submission
‘Economic asphyxiation’: Bessent outlines Trump’s plan to choke Iran into submission

WorldBessent’s sanctions threats may pressure countries to cut financial ties with Iran

Treasury Secretary Scott Bessent announced a new round of sanctions targeting Iran on Monday and warned countries doing business with the Islamic Republic to sever their financial ties or face retaliation from the United States.

US sanctionsIranfinancial ties

TThe Associated PressOriginal★★★★☆2026-08-25 00:13

Bessent’s sanctions threats may pressure countries to cut financial ties with Iran
Bessent’s sanctions threats may pressure countries to cut financial ties with Iran
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