Remarks from Secretary of the Treasury Scott Bessent on Operation Economic Outcast against Iran

As prepared for delivery. Good afternoon.Today, at President Trump’s direction, the United States Treasury has begun Operation Economic Outcast – an unprecedented campaign against the Islamic Republic of Iran and its enablers.In the Second World War, D-Day marked the historic beginning of a campaign with our allies to target and drive the enemy from its positions, including those in third countries.Today, in that same spirit, we are launching an economic onslaught against Iran’s financial connections around the globe. Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.Iran’s fanatics devote themselves to “Death to America” and seek nuclear weapons to do just that. They have murdered and maimed more of our citizens and service members than any other terrorist regime on Earth.