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 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 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 announces Treasury will double buyback operation sizes from $2 billion to at least $4 billion starting September 9, 2026.
“The current maximum size of $2 billion per operation will be at least $4 billion per operation.”
Bessent argues taxpayers should not fund benefits for those legally barred from receiving them.
““American taxpayers should not be forced to foot the bill for benefits going to those who are barred by law from receiving them.”
Bessent warns far-left extremists Treasury will use full economic tools against them.
““Far-left extremists, their fronts, and their enablers should be on notice: We will bring the full weight of our economic tools to bear,””
Bessent says the regulations end abuse, protect tax system integrity, and prioritize Americans.
“These proposed regulations end the abuse, protect the integrity of the tax system, and put Americans first.””
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 pledges to cut financial lifelines of political terrorist groups until eliminated.
““Political terrorism has no place in our society, and we will continue to cut the financial lifelines of these groups until they are eliminated.””
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.”
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.”
post Bessent mocks WSJ's Nick Timiraos as stenographer reduced to Fed gossip under Warsh leadership
https://x.com/SecScottBessent/status/2085016688223822214