Scott Bessent

This economic pressure campaign will not end until this regime stands alone,

We do not have infinite patience here," he told CBS News.

We are giving everyone the opportunity to remedy bad behavior," Bessent said.

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,

Unfortunately, Prime Minister Carney rose to power on an anti-American, anti-Trump platform. I believe he was more than 20 points behind, and you know he seems to have gone back to his old playbook.

Any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.

Those who stand with the United States will reap the rewards of our partnership. Those who tether themselves to the Iranian regime should expect to share in the isolation of a withering regime.

No one is above this. This is economic asphyxiation of this regime … and no one should test our resolve.

This is a sustained campaign to collapse every last option for Iran.

Let there be no ambiguity as to the position of the United States: an economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.

He vowed that this would be the 'greatest coordinated economic isolation in the history of the world.'

If you insist on doing business with them—either transferring money, buying oil, doing seaborne ship transport—then the US Treasury and the US government, they will put its full might and force towards enforcing against you.