Bessent handling Iran war’s economic pressure well: Tiana Lowe Doescher
Washington Examiner economics columnist Tiana Lowe Doescher on Monday praised Treasury Secretary Scott Bessent, who appears to be the new face of economic pressure placed on Iran.
TL;DR
- Tiana Lowe Doescher calls Treasury Secretary Scott Bessent the best-equipped person to handle economic pressure on Iran.
- Bessent unveiled secondary sanctions targeting Iran's financial supporters, including nearly 60 individuals, entities, and vessels.
- The sanctions primarily target allies doing business with Iran, with a significant focus on China's continued purchase of Iranian oil.
- Doescher argues that isolating Iran economically, rather than direct confrontation, is key to enforcing 'America First' policy.
- She believes that a financial cutoff, by preventing Iran from exporting oil and generating revenue, will lead to the regime's collapse.