IRAN: US Treasury Scretary Bessent Says 'Treasury Will Act' on Iran

US Treasury Secretary Scott Bessent on X: "Rather than build a prosperous Iran, the regime has chosen to squander what remains of the nation's oil revenues on nuclear weapons development, missiles, and terrorist proxies around the world. President Trump stands with the people of Iran and has ordered Treasury to sanction members of the regime. Treasury will continue to target Iranian networks and corrupt elites that enrich themselves at the expense of the Iranian people. This includes the regime's attempts to exploit digital assets to evade sanctions and finance cybercriminal operations. Like rats on a sinking ship, the regime is frantically wiring funds stolen from Iranian families to banks and financial institutions around the world. Rest assured, Treasury will act."

• Follows an announcement that the Treasury’s Office of Foreign Assets Control has taken additional action against Iranian officials, including Iran’s Minister of the Interior.