Bessent's Bold Economic Gambit | Lubbock News

Treasury Secretary Scott Bessent is in Asheville rallying global finance leaders to boost growth and tackle debt — but with Iran’s escalating tensions and U.S. trade friction, his “Operation Economic Outcast” strategy threatens to ignite a financial cold war. He’s ready to sanction Iranian banks and even deploy “financial violence,” backed by the EU, while eyeing China as a target too — despite warnings of global chaos. Amid all this, he still hopes to push deregulation, energy independence, and debt relief — even as the world braces for economic fallout. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/70de10f80c1d5b91