Treasury Secretary Scott Bessent has been moved out of his Washington DC home amid threats on his life from Iran.
Bessent has been taken to a military base in recent weeks after intelligence determined the threats had reached an advanced stage, The New York Times reported.
It is unclear how serious the threats are against Bessent but are in keeping with a theme of Iran going after US officials, including a plot to kill Donald Trump during the 2024 Presidential campaign.
The secretary has been in charge of American attempts at economic warfare during Trump’s battle with Tehran.
His treasury secretary has tried to isolate Iran by closing down trade routes and enacting tougher sanctions.
A spokesperson for the Department of the Treasure said that Bessent ‘will not be deterred by the Iranian regime’s threats’ and will continue that economic battle with Tehran.
Bessent is one of several Trump administration members who have been moved out of DC housing during Trump’s second term.
Current Chief of Staff Stephen Miller and former Attorney General Pam Bondi have previously been moved out.
Treasury Secretary Scott Bessent has been moved out of his Washington DC home amid threats on his life from Iran
The secretary has been in charge of American attempts at economic warfare during Trump’s battle with Tehran
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The Daily Mail has reached out to both the White House and the Treasury Department for comment.
Bessent hinted at what the ‘offensive’ may look like in his op-ed for the Financial Times as he directly threatened any country that does business with the Islamic Republic.
Dubbing the campaign ‘Operation Economic Outcast,’ Bessent said Trump has been ‘making phone calls to world leaders with specific requests to cease their interactions’ with Iran and has already seen results.
Trump’s pledge to unleash an “economic D-Day” against Tehran turned out to be new warnings to cut off Iran from the rest of the global economy.
Asked why the US was not imposing secondary sanctions on Iran’s trading partners, Bessent told reporters he wanted countries to have an opportunity to shift away from Iran before it was too late.
Bessent has tied his own fate to the war in Iran, privately talking Trump into trading airstrikes for a sweeping sanctions campaign.
However, the conflict has no clear end and the president told aides he expected another bombing campaign after the midterms.
Meanwhile, soaring gas prices are keeping inflation stubbornly high and economic growth has stalled at around 2 percent.
A bond selloff has also sent 10-year Treasury yields to their highest level in more than two decades, despite a buyback program Bessent launched to rein them in. The yield on the benchmark 10-year Treasury note hit 5.35 percent on Wednesday, its highest level since 2002.
The deficit has ballooned past 6 percent of GDP, double the 3 percent target Bessent sold to Trump, and the national debt recently blew through $40 trillion.
Trump, who calls him almost every day, has only pulled him closer, once joking at an event in Nevada: ‘I created a monster.’
