Bessent warns countries have defined timelines to comply or face unilateral Treasury action.
“Every country has a defined timeline to shut down activities we have identified. If they do not take action, we will do so unilaterally through Treasury authorities.”
Bessent explains Treasury can use secondary sanctions because it does not take their use lightly.
“And in the terrorism finance department and at OFAC, the reason we are able to use secondary sanctions is because we do not take their use lightly.”
Bessent says Iran has long viewed retaliation as certain but American enforcement as negotiable.
“For decades, this regime has drawn strength from a calculus that regards Iranian retaliation as certain and American enforcement as negotiable.”
Bessent says Treasury has mapped every node Iran uses to smuggle oil and evade sanctions.
“Treasury has mapped every node, every facilitator, and every network that Iran has used to smuggle oil and evade sanctions.”
Bessent says Treasury is relentlessly targeting narcoterrorist networks profiting from poisoning Americans under Trump's leadership.
““Under President Trump’s leadership, Treasury is relentlessly targeting the narcoterrorist networks that profit from poisoning Americans,” said Secretary of the Treasury Scott Bessent .”
Bessent says Treasury is relentlessly targeting narcoterrorist networks under Trump's leadership.
““Under President Trump’s leadership, Treasury is relentlessly targeting the narcoterrorist networks that profit from poisoning Americans,” said Secretary of the Treasury Scott Bessent”
Bessent warns Treasury will use full economic tools against far-left extremists and their enablers.
““Far-left extremists, their fronts, and their enablers should be on notice: We will bring the full weight of our economic tools to bear,” said Secretary of the Treasury Scott Bessent”
Bessent reports OFAC has taken nearly 30 actions against over 300 individuals and entities since early 2025.
“In keeping with President Trump’s pledge to eliminate drug cartels, OFAC has prioritized targeting these and other criminal groups that threaten the welfare of Americans in close coordination with the Homeland Security Task Force, taking nearly 30 actions against over 300 individuals and entities since the beginning of 2025.”
Bessent states the action prevents illegal and non-qualified aliens from receiving public benefits they are ineligible for.
“This action cracks down on the abuse of taxpayer-funded refundable individual income tax credits and ensures that illegal aliens and other non-qualified aliens barred by federal law do not receive public benefits, which they are ineligible to receive.”
Bessent pledges uncompromising targeting of all Iranian regime illicit revenue sources.
“Working with our partners across the U.S. government, Treasury will be uncompromising in targeting any source of the regime’s illicit revenue.”
Bessent says Treasury, State, and War departments are demanding immediate global action on Iran.
“Teams from the Departments of Treasury, State, and War are engaging counterparts around the world to make clear that the United States expects immediate action.”
Bessent says Treasury has mapped every node Iran uses to smuggle oil and evade sanctions.
“Treasury has mapped every node, every facilitator, and every network that Iran has used to smuggle oil and evade sanctions.”
Bessent says countries get defined timelines to comply or face Treasury enforcement action.
“Every country will be given a defined timeline to shut down the Iran-related activity we have identified. If they fail to act, Treasury will act.”
Bessent says every country gets defined timeline to shut down identified Iran-related activity.
“Every country will be given a defined timeline to shut down the Iran-related activity we have identified.”
Bessent threatens to cut off any entity facilitating Iranian sanctions evasion from U.S. financial system.
“If they fail to act, Treasury will act. Any entity that facilitates money laundering or sanctions evasion on behalf of Iran risks being cut off from the U.S. financial system.”
Operation Pacific Viper has seized more than 225,000 pounds of cocaine in the Eastern Pacific as of June 2026.
“As of June 2026, Operation Pacific Viper has seized more than 225,000 pounds (approximately 112 tons) of cocaine in the EPAC.”
Bessent says countries have defined timelines to act or Treasury will impose unilateral sanctions.
“Every country has a defined timeline to shut down activities we have identified. If they do not take action, we will do so unilaterally through Treasury authorities.”
post Bessent says Treasury renewing Minnesota Geographic Targeting Order to combat fraud diverting state and federal dollars
https://x.com/SecScottBessent/status/2085776372073427127