The Memo: Trump and Bessent crank up economic pressure on Iran as other options fall short

Six months into the war on Iran — and with less than three months left before the midterms — the Trump administration has decided it’s time for Plan C. Treasury Secretary Scott Bessent on Monday laid out his ambitions for an “economic onslaught” against the Islamic Republic that would target its “financial connections around the...

Six months into the war on Iran — and with less than three months left before the midterms — the Trump administration has decided it’s time for Plan C. Treasury Secretary Scott Bessent on Monday laid out his ambitions for an “economic onslaught” against the Islamic Republic that would target its “financial connections around the...