Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Thursday, Aug. 20, 2026.
Jacquelyn Martin/AP
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Jacquelyn Martin/AP
The Trump administration calls this "economic D-Day" on Iran. Iran vows to respond to fresh sanctions in a "seismic manner."
Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Thursday, Aug. 20, 2026.
Jacquelyn Martin/AP
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Jacquelyn Martin/AP

Treasury Secretary Scott Bessent said the new measures will be the "greatest financial offensive" ever.

The Trump administration, led by Treasury Secretary Scott Bessent, plans its strongest financial campaign yet against Tehran,…

US Treasury Secretary Scott Bessent has announced the launch of what he calls an 'economic D-Day' against Iran, describing the…

US Treasury Secretary Scott Bessent announced "an economic onslaught" against Iran, combining new sanctions with with threats…

U.S. Treasury Secretary Scott Bessent vowed an “economic D-Day” against Iran as Washington prepared to announce new sanctions…

US Treasury Secretary Scott Bessent plans to unveil what he calls the toughest sanctions in history against Iran, with pointed…