Treasury Secretary Scott Bessent
1,267 posts
Treasury Secretary Scott Bessent
@SecScottBessent
79th United States Secretary of the Treasury
Joined February 2025
The Iranian regime will lose the zero-sum game it is playing. Any damage it inflicts on our allies in the Gulf will be paid for with funds extracted from Iranian Accounts. Any tolls paid to the Persian Gulf Strait Authority will be offset by funds extracted from their accounts.- FISA is a critical tool that allows Treasury to stop terrorists from utilizing the financial system to carry out attacks against the United States and continues to be a critical component of our national and economic security. It is the most important tool we have to collect
- Through Economic Fury, the Treasury Department is disrupting the foreign procurement networks that support the Iranian military’s efforts to acquire weapons. Treasury has frozen the Iranian regime’s assets, severely disrupted its economy, and dismantled the Iranian war machine.Today, as part of Economic Fury, Treasury’s Office of Foreign Assets Control sanctioned nine individuals and entities that have supported weapons procurement on behalf of Iran’s Islamic Revolutionary Guard Corps and Ministry of Defense and Armed Forces Logistics. Treasury
- Iran’s economy is floundering and its military is decimated. Through Economic Fury, Treasury will continue to sever Iran’s shadow fleet, shadow banking networks, and access to global trade.Today, Treasury’s Office of Foreign Assets Control is designating a network of individuals, entities, and vessels responsible for shipping hundreds of millions of dollars’ worth of Iranian-origin liquid petroleum gas⸺intentionally disguised as Omani LPG⸺to end users in South
- .@POTUS has done more than anyone in history to secure our nation’s borders. Part of that effort includes securing our financial system. This Administration will not allow illegal aliens to abuse financial institutions to steal billions of dollars from hardworking AmericanToday, Treasury’s @FinCENnews issued an Advisory urging financial institutions to be vigilant against risks presented by the unlawful employment of illegal aliens. This is the first step in implementing @POTUS’ historic Executive Order entitled Restoring Integrity to America’s
- While Iran’s economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country. Iran’s current economic chaos is proof that @POTUS’ maximum pressure campaign hasToday, Treasury’s Office of Foreign Assets Control designated Nobitex, Iran’s largest digital asset exchange, along with three other Iranian digital asset exchanges, as part of Economic Fury and the Trump Administration’s efforts to eliminate the threat posed by the Iranian
- American families and workers overwhelmingly benefitted from the Working Families Tax Cuts, receiving the largest share of the historic tax relief delivered this past filing season. @USTreasury’s new analysis confirms @POTUS’ @TaxCuts delivered substantial tax relief toNew analysis of this past tax filing season confirms @POTUS’ Working Families Tax Cuts delivered the largest share of tax relief directly to millions of low- and middle- income Americans providing for their families, working overtime, living on fixed incomes, and running small
- In honor of National Small Business Month, @USTreasury convened a roundtable discussion with local business leaders on how @POTUS' Working Families Tax Cuts are helping businesses grow, invest, and create jobs. From full-expensing for R&D and manufacturing equipment to No Tax
- We continued the @TrumpAccounts Tour in Westlake Village, California, convening hundreds of local families, businesses, and community leaders for a conversation with @KelseyGrammer on how this Administration is shaping stronger financial futures for the next generation of
- For too long, our political class treated efficiency as a substitute for resilience and consumption as a measure of prosperity. Trade policy, industrial capacity, and national security are inseparable. And to allow foreign dependencies to degrade any one of those domains is to
00:00 - While America slept for decades, our vulnerabilities grew. But under President Trump’s leadership, we are alert to the risks we can no longer ignore—and attuned to the responsibilities we can no longer defer. Under @POTUS, we have awoken to morning again in America. And as we
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