Scott Bessent: “There are no guarantees the U.S. would avoid a recession.”

I think there is a chance we may have a deal today or tomorrow to open the Strait and move towards a more normalized position in this conflict.

What we are going to see over the next two years — the strait is going to become irrelevant.

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,

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