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Politics

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

The Hill

PoliticsThe Hill·Aug 25, 2026·1 min read

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…

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