Bessent declares that buying appeasement from Iran will no longer work with the United States.
“And on the other side, with this regime, trying to buy appeasement will no longer work in the eyes of The United States Of America.”
Bessent announces a wave of sanctions starting immediately with more to follow at a continuing pace.
“And I want to emphasize that we are spreading out across the world as we speak, that you will see a wave of sanctions when you leave this meeting today, and you should expect that cadence to continue.”
Bessent says Treasury is giving a cure period but will move very quickly if expectations are not met.
“We believe that it is important to level set and give people a cure period, but they should know that that will move very quickly and that we are serious.”
Bessent warns those who don't meet expectations should expect to leave the dollar system.
“And if people do not want to meet our expectations, then we expect and they should expect that they should will leave the dollar system.”
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 warns entities facilitating Iranian money laundering face removal from dollar system.
“any entity that facilitates money laundering on behalf of Iran will be removed from the US dollar system.”
Bessent announces new sectoral sanctions targeting five Iranian lifelines: digital assets, technology, gold, aviation, shipping.
“The new sectoral sanctions determinations issued today target five of Iran's most vital lifelines that it exploits in other countries: digital assets, technology, gold, aviation, and shipping.”
Bessent expects major financial institution to be sanctioned by end of week.
“I would expect that you will see a major announcement of a financial institution being sanctioned by the end of this week.”
Bessent argues nations financing Iran mistakenly believe they can evade the threat.
“The final refuge of this regime is a mistaken conclusion of nations that still finance the Iranian threat in the hopes of evading it.”
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 declares zero breathing space policy to prevent Iran from rebuilding terror capacity.
“There will be no minimal breathing space for the regime to rebuild its capacity to inflict terror against America and the world.”
Bessent threatens to remove from dollar system any entity facilitating Iranian money laundering.
“For example, every branch of bank melee must be shuttered and dark. And let me be clear, any entity that facilitates money laundering on behalf of Iran will be removed from the US dollar system.”
Bessent announces new sectoral sanctions targeting five Iranian economic lifelines in other countries.
“The new sectoral sanctions determinations issued today target five of Iran's most vital lifelines that it exploits in other countries.”
Bessent announces over 60 new sanctions on entities enabling Iran's nuclear, missile, cyber, and oil operations.
“As I speak, Treasury's Office of Foreign Assets Control is also sanctioning over 60 entities, individuals, and vessels around the world that enable the Iranian regime to procure illicit nuclear and missile technology, conduct cyber operations, and generate oil revenue.”
Bessent says Gulf oil production is five to ten million barrels daily even before Iran deal.
“even before we had the deal, we're getting out five, ten million barrels a day out of The Gulf.”
Bessent frames Iran sanctions campaign as parallel to World War II D-Day offensive.
““In the Second World War, D-Day marked the historic beginning of a campaign with our allies to target and drive the enemy from its positions, including those in third countries.”
Bessent states Treasury's goal is to sever every economic lifeline Tehran has left and end the Iranian regime threat.
““Treasury promised to sever every economic lifeline Tehran has left and finally end the threat of the Iranian regime,” said Secretary of the Treasury Scott Bessent .”
Bessent compares today's Iran sanctions campaign to D-Day, calling it an economic onslaught against global financial connections.
“Today, in that same spirit, we are launching an economic onslaught against Iran’s financial connections around the globe.”
Bessent states the objective is severing every economic lifeline sustaining Iran's regime until Tehran stands alone.
“Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone,” said Secretary of the Treasury Scott Bessent.”
Bessent characterizes Iran as seeking nuclear weapons to kill Americans.
“Iran’s fanatics devote themselves to “Death to America” and seek nuclear weapons to do just that.”
Bessent says Trump is ending Iran threat rather than managing it like predecessors.
““President Trump has taken action that his predecessors have long deferred. Under his leadership, America is no longer managing the Iranian threat. We are ending it.”
Bessent says Trump took action predecessors deferred and America is no longer managing the Iranian threat.
““President Trump has taken action that his predecessors have long deferred. Under his leadership, America is no longer managing the Iranian threat.”
Bessent warns countries partnering with Tehran will share in the isolation of a withering regime.
“Those who stand with the United States will reap the rewards of our partnership. Those who tether themselves to Tehran should expect to share in the isolation of a withering regime.””
Bessent says Trump is ending the Iranian threat, not merely managing it.
“And under his leadership, America is no longer managing the Iranian threat. We are ending it.”
Treasury press and remarks
“Treasury estimates that between January 2024 and June 2026, Banque Misr UAE processed approximately $1.8 billion for 103 companies that are potentially part of Iranian shadow banking networks.”
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 frames Iranian regime's choice as global isolation or economic reintegration.
“The Iranian regime faces a clear choice: severe global isolation or a path to reintegration with the global economy.”
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 announces Treasury will block every revenue source funding the IRGC and Iranian regime.
“Beginning today, the actions of Treasury and other agencies will tighten the noose and block every potential source of revenue that funds the IRGC and the Iranian regime.”
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.”
Bessent announces a zero-leakage sanctions approach with no breathing space for Iran to rebuild.
“We are enforcing a zero-leakage approach. There will be no minimal breathing space for the regime to rebuild its capacity to inflict terror against America and the world.”
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.”
Bessent threatens to remove entities facilitating Iranian money laundering from the dollar system.
“For example, every Bank Melli branch must be shuttered. And let me be clear: any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.”
Bessent warns entities facilitating Iranian money laundering will be removed from the dollar system.
“And let me be clear: any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.”
Bessent announces sectoral sanctions targeting digital assets, technology, gold, aviation, and shipping.
“The new sectoral sanctions determinations issued today target five of Iran’s most vital lifelines that it exploits in other countries: digital assets, technology, gold, aviation, and shipping.”
Bessent says new measures increase secondary sanctions risk and speed of enforcement.
“These measures broaden secondary sanctions risk for anyone foolish enough to continue conducting business with this regime—and accelerate the speed with which we pursue them.”
Bessent says OFAC is sanctioning over 60 entities enabling Iran's nuclear, missile, cyber, and oil activities.
“As I speak, Treasury’s Office of Foreign Assets Control is also sanctioning over 60 entities, individuals, and vessels across the world that enable the Iranian regime to procure illicit nuclear and missile technology, conduct cyber operations, and generate oil revenue.”
Bessent says OFAC is sanctioning over 60 entities worldwide enabling Iran's nuclear, missile, and cyber programs.
“Treasury’s Office of Foreign Assets Control is also sanctioning over 60 entities, individuals, and vessels across the world that enable the Iranian regime to procure illicit nuclear and missile technology, conduct cyber operations, and generate oil revenue.”
post Bessent claims U.S. has guided 130 million barrels out in 14 days while Iran exported zero under blockade
https://x.com/SecScottBessent/status/2093168168671813825
post Bessent claims U.S. has guided 130 million barrels out in 14 days while Iran exported zero under blockade
https://x.com/SecScottBessent/status/2093168168671813825
post Bessent recalls warning Iranians to exit rial in March 2025 when it was 887,500 to dollar with 35% inflation
https://x.com/SecScottBessent/status/2091928475485556903
post Bessent reports Iranian rial crashed through 2 million to the dollar as central bank cites revenue collapse
https://x.com/SecScottBessent/status/2091928477364555958
post Bessent reports Iranian rial crashed through 2 million to the dollar as central bank cites revenue collapse
https://x.com/SecScottBessent/status/2091928477364555958
https://x.com/SecScottBessent/status/2093348438343614943
post Bessent claims Trump destroyed nearly 100 percent of Iran military factories and announces economic D-Day
https://x.com/SecScottBessent/status/2091664440785502582
post Bessent claims Trump destroyed nearly 100 percent of Iran military factories and announces economic D-Day
https://x.com/SecScottBessent/status/2091664440785502582
post Bessent says Iran's shadow banking system buckling under Economic Fury, moving hundreds of millions
https://x.com/SecScottBessent/status/2085792841733755021
post Bessent says Iran's shadow banking system buckling under Economic Fury, moving hundreds of millions
https://x.com/SecScottBessent/status/2085792841733755021