US Treasury Secretary Scott Bessent says the Iran confrontation is entering its “endgame" as Washington prepares an unprecedented economic offensive.
US Treasury Secretary Scott Bessent said Sunday that Washington is approaching the “endgame" in its confrontation with Iran, following what he described as the destruction of much of Tehran's military capabilities. “President Trump has dismantled Iran’s military capabilities, destroyed nearly 100 percent of its military factories, and buried its nuclear program," Bessent wrote on social media. “We are now entering the endgame. At dawn begins an economic D-Day - the single greatest financial offensive ever marshaled against an adversary," he added. Bessent argued that the Trump administration had fundamentally changed the balance of pressure between Washington and Tehran.
“The Islamic Republic has subsisted by dressing extortion as security guarantees. It has drawn strength from a calculus that regards Iranian retaliation as certain and American enforcement as negotiable. Under President Trump, that era is over. And those who fear the danger of defying Tehran ought not to discount the cost of testing Washington," warned Bessent. He said Trump had also laid the groundwork for an expansive campaign targeting Iran's remaining economic lifelines.
The Treasury Secretary further stated that Trump “has created the conditions to leverage every agency, every authority and action many assumed we would never summon. Our objective is to sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone." Bessent's announcement followed Trump's declaration Wednesday of a sweeping new economic campaign against Iran. In a Truth Social post, the president described the effort as "an economic D-Day" and warned countries providing economic assistance to Tehran that they would face consequences. (Read More)
