VideoNewsLive
REPORTING 21D AGO C-SPAN

Treasury Secretary announces "Operation Economic Outcast" Against Iran

24 AUG 2026 · 13:14 ET·2:48·874 VIEWS·0.0× USUAL PACE

U.S. Treasury Secretary Scott Bessent announced "Operation Economic Outcast," an unprecedented campaign targeting Iran's global financial connections. Under President Trump's direction, the initiative aims to sever economic lifelines sustaining the Iranian regime, with the goal of isolating the country and preventing its nuclear weapons program. The operation utilizes intelligence on Iran's oil smuggling and sanctions evasion networks to block revenue sources for the IRGC and the regime.

WHY IT MATTERS

This operation aims to significantly impact Iran's economy and its ability to fund illicit activities, potentially forcing a shift in the regime's behavior or leading to its further isolation.

OPERATION ECONOMIC OUTCAST SCOTT BESSENT IRAN DONALD TRUMP TREASURY DEPARTMENT

POST ON X EMAIL

MORE FROM C-SPAN

  1. David Maraniss on Father's Lost Statement on Being an American 44M
  2. David Maraniss on Finding Obama's Old Girlfriend 48M
  3. David Maraniss on Bill Clinton's Reaction to Book 51M
  4. Mullin says Iran talks "ambitious game" on cyber warfare C

Top video stories delivered to your inbox daily

One email a day. No sponsored placement.