Treasury Secretary Scott Bessent Rolls Out Operation Economic Outcast: Total Isolation of the Iranian Regime

Treasury Secretary Scott Bessent outlines Operation Economic Outcast against Iran. What’s left of Iran’s economy is toast. Thank you, President Trump.

Notable from the Treasury Secretary has been his language making clear the objective is the end of the regime: President Trump has taken action that his predecessors have long deferred. And under his leadership, America is no longer managing the Iranian threat. We are ending it. Our great armed forces have laid the groundwork for achieving the president’s objective of preventing Iran from ever obtaining nuclear weapons. They have shown America’s resolve to finally end this threat. And the strength of America’s economy under President Trump allows us to wage this sustained financial operation alongside the might of our military (Rapid Response).

CNBC summarizes the key components: The new sectoral sanctions target five areas that Washington considers vital to Iran’s economy: digital assets, technology, gold, aviation and shipping. Bessent said the measures would significantly expand the risk of secondary sanctions for companies and financial institutions that continue to conduct business with Iran. The Treasury Department’s Office of Foreign Assets Control is also sanctioning more than 60 entities, individuals and vessels worldwide, according to Bessent. The targets are accused of helping the Iranian regime obtain nuclear and missile technology, conduct cyber operations and generate oil revenue (CNBC).

Secretary Bessent is superb. Watch his brilliant statement below. And watch General Jack Keane’s analysis as well.

Related – Iran’s Currency Hits Record Low as U.S. Rolls Out ‘Economic D-Day’ Sanctions

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… pic.twitter.com/1fLyobUucu

— Treasury Secretary Scott Bessent (@SecScottBessent) August 24, 2026

President Trump just declared Economic D-Day on Iran. Trump is launching the most crushing economic isolation in history. Iran’s military is in ruins and its currency is worthless. Any country that helps them will face severe consequences. Iran will never get a nuclear… pic.twitter.com/9U2kGuOsgJ

— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) August 19, 2026

ICYMI:
US announces ‘Economic D-Day’ against Iran | https://t.co/PIYs5LLy1i

— Jack Keane (@gen_jackkeane) August 24, 2026

“It takes courage for a president to authorize this kind of total financial warfare. But that’s exactly what appears to be happening with a Treasury Secretary empowered to do whatever it takes to bring down Iran’s financial house of cards.” Me in @nypost. https://t.co/FXjW6ywpry

— Richard Goldberg (@rich_goldberg) August 24, 2026

No administration has been tougher on the terrorists in Tehran than the Trump administration. https://t.co/Fst77fC2X7

— RJC (@RJC) August 24, 2026

Congratulations President @realDonaldTrump and Secretary @SecScottBessent on the latest sanctions against the Iranian regime.

You justly exact a steep price from that cruel dictatorship and from those who assist its continued aggression.

— Benjamin Netanyahu – בנימין נתניהו (@netanyahu) August 24, 2026

Operation Economic Outcast: Total Isolation of the Iranian Regime

By The White House, Aug 24th, 2026

Today, the Trump Administration unleashed Operation Economic Outcast, an unprecedented campaign to sever every remaining economic lifeline sustaining the Islamic Republic of Iran. After President Trump and the overwhelming might of the U.S. military dismantled Iran’s military capabilities and crippled its nuclear program, America is entering the endgame with the single greatest financial offensive ever mounted against an adversary.