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Source: https://home.treasury.gov/news/press-releases/sb0613
Treasury Launches Campaign Against Iranian Regime on Economic D-Day
(U.S. Treasury Department) Secretary of the Treasury Scott Bessent said Monday: "We are launching an economic onslaught against Iran's financial connections around the globe. Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone." "America is no longer managing the Iranian threat. We are ending it. Those who stand with the United States will reap the rewards of our partnership. Those who tether themselves to Tehran should expect to share in the isolation of a withering regime." "Any entity that facilitates money laundering or sanctions evasion on behalf of Iran risks being cut off from the U.S. financial system. Today's announcement also expands secondary sanctions exposure for those who continue doing business with the Iranian regime and will accelerate the pace of U.S. enforcement."