Treasury Secretary Scott Bessent convened a gathering of global finance leaders in Asheville, N.C., to rally backing for the Trump administration’s hard‑line economic strategy toward Iran and China. At the G20 finance summit, he highlighted the Treasury’s intensified sanctions on the Islamic Republic and its allies while dismissing concerns over climbing bond yields. Bessent’s remarks underscored a broader push to tighten financial pressure on Tehran and curb Chinese influence in international markets. The meeting aimed to solidify international cooperation on these contentious economic fronts.
Treasury Secretary Scott Bessent hosted economic officials from around the world in Asheville, N.C., this week, seeking to rally support for the Trump administration’s financial agenda regarding Iran and China. During the Group of 20 (G20) finance summit, Bessent touted the Treasury Department’s beefed-up sanctions on the Islamic Republic and its benefactors and downplayed rising bond yields in the...
