Scott Bessent
Bipartisan House group warns PA fiscal collapse could strengthen Hamas, Iran-backed groups
In a letter to Rubio and Bessent, US lawmakers said a fiscal crisis weakening the PA would create “exactly the kind of vacuum” Hamas and other Iran-backed actors seek.
Military, economic pressure on Iran may lead to internal uprising, US officials say
Bessent: Iran in 'death throes,' US allies will support efforts to economically 'asphyxiate' IRGC
Russia, US see grounds for financial ties, Russian finance minister says following G20 meeting
US national debt tops $40 trillion for first time, doubled under presidents Trump, Biden
The federal government's IOU has now more than doubled in less than a decade, from $19.95 trillion when US President Donald Trump was sworn in for the first time in January 2017.
US imposes sanctions on ICC President Tomoko Akane, Treasury Department confirms
The sanctions freeze any US assets the individuals may have and essentially cut them off from the US financial system, with which almost all internationally operating banks have close ties.
US Treasury Secretary Bessent says US to apply measures 'never seen before' on Iran
"It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of Hormuz that will keep anything from going in or out," Bessent said.
Senators press Rubio, Bessent on lack of counter-evasion sanctions on Russia
The US last imposed major sanctions on Russia in October 2025, when the Treasury Department targeted Russian oil companies Rosneft and Lukoil.
US targets UAE-based crypto exchange over alleged Iran sanctions evasion scheme
“Treasury will hunt down and dismantle the illicit financial networks that keep the regime afloat,” Secretary of the Treasury Scott Bessent said in a statement.
New Iran-related sanctions targeting tankers issued by US Treasury Department
“With its economy in freefall and inflation in the triple digits, the regime is desperate for cash,” said Treasury Secretary Scott Bessent.
Trump signature to appear on US currency, ending 165-year tradition
The first $100 bills bearing Trump's signature and those of US Treasury Secretary Scott Bessent will be printed in June, followed by other denominations in subsequent months.
US has 'plenty of money' to fund war in Iran, Treasury Secretary Scott Bessent says
US President Donald Trump has not yet sent a request for the Senate and House of Representatives to approve additional funding, and his administration has made clear that the number could change.
