NotableEconomynypost·Scott Bessent
Bessent vows to ‘asphyxiate’ Iran with sanctions, taking away IRGC’s offshore accounts, luxury homes

Treasury Secretary Scott Bessent stated his intent to "asphyxiate" the Iranian government through sanctions until a peace deal with President Trump is reached. Bessent announced efforts to seize offshore bank accounts and luxury properties owned by the Islamic Revolutionary Guard Corps.
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Tuesday, September 1, 2026 at 12:46 PM EDT
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