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The U.S. Secretary of State claims to be pursuing Iranian assets globally

On 1 August, at local time, on 31 July, during a cabinet meeting at Camp David, Maryland, the United States Treasury Secretary stated that, at the direction of President Trump, the Treasury continued its economic offensive against Iran and was pursuing Iranian assets globally. He also aims to list before Trump the so-called “economic consequences” of Iran: Following the move in March 2025, when Iran’s largest private bank was declared bankrupt at the end of the year, the Central Bank of Iran was forced to print large amounts of money, pushing inflation, and Becent claims that Iran today is unable to even pay its military salaries. The comments immediately drew online questions and criticisms. Kim Xian

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