Scott Bessent, the Trump‑appointed Treasury Secretary, convened a gathering of international finance leaders in Asheville, North Carolina, to drum up backing for Washington’s new economic strategy toward Iran. The meeting, part of a broader push to advance the administration’s hard‑line sanctions and trade policies, aimed to secure commitments from global counterparts to enforce stricter measures on Iran’s oil and banking sectors. Bessent’s outreach reflects a renewed focus on leveraging diplomatic pressure to curb Iran’s nuclear ambitions and reassert U.S. influence in the Middle East. The event underscores the Trump administration’s intent to use economic tools as a cornerstone of its foreign policy.
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Bessent rallies support for Trump agenda at G20 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...
