Scott Bessent: “Do not retaliate. Sit back. Take it in. Because if you retaliate, there will be escalation. If you don’t retaliate, this…”

Core inflation is low. Consumer confidence is strong. We have the highest consumer confidence — it came out today — in five months.

Must be shuttered and dark," Bessent said about Iran's Bank Melli.

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.

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,