Episode 1865 • • 1:00:32 - 1:05:50
1865: Wide Awakes
Scott Bessent, Operation Economic Fury and Iran Sanctions
Treasury Secretary Scott Bessent detailed "Operation Economic Fury," a maximum pressure campaign designed to collapse the Iranian economy. The strategy involved demonetizing Iranian debt, causing massive inflation and a 70% currency devaluation. Bessent reported that the U.S. has seized nearly half a billion dollars in crypto assets and is targeting "shadow fleet" oil tankers to stop Iran's funding of regional proxies.