Scott Bessent: “I don’t think poor people are stupid. I think they have agency.”

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.

Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.

This is going to be the greatest coordinated economic isolation in the history of the world, and we are going to them and saying, you are either with us or against us.

Treasury promised to sever every economic lifeline Tehran has left and finally end the threat of the Iranian regime.