{"id":7865,"date":"2026-09-01T20:09:44","date_gmt":"2026-09-01T20:09:44","guid":{"rendered":"https:\/\/metrotransitreview.com\/?p=7865"},"modified":"2026-09-01T20:09:44","modified_gmt":"2026-09-01T20:09:44","slug":"scott-bessent-vows-to-asphyxiate-iran-with-sanctions-taking-away-irgcs-offshore-accounts-luxury-homes","status":"publish","type":"post","link":"https:\/\/metrotransitreview.com\/?p=7865","title":{"rendered":"Scott Bessent vows to ‘asphyxiate’ Iran with sanctions, taking away IRGC’s offshore accounts, luxury homes"},"content":{"rendered":"
\n

WASHINGTON \u2014 Treasury Secretary Scott Bessent said Tuesday that he will \u201casphyxiate\u201d the Iranian government until it agrees to a peace deal with President Trump \u2014 saying he\u2019s working to seize offshore bank accounts and luxury properties owned by Tehran\u2019s notorious Islamic Revolutionary Guard Corps.<\/p>\n

Read more US strikes Iran for second time in two days in battle for Strait of Hormuz<\/a><\/p>\n

Bessent specified he plans to target assets in the British Virgin Islands and \u201c$100 million houses\u201d \u2014 likely a reference to Supreme Leader Mojtaba Khamenei\u2019s alleged $130 million London real estate portfolio.<\/p>\n

\u201cWe are going to economically asphyxiate this regime,\u201d Bessent said during a discussion moderated by economist and Fox Business Network host Larry Kudlow ahead of meetings with G20 finance ministers in Asheville, NC. <\/p>\n

\u201cMy job is to make sure that they want to have a deal, and they will want to have one.\u201d<\/p>\n

The Treasury Department last week announced \u201cOperation Economic Outcast\u201d in a bid to isolate the Islamic Republic in tandem with a US Navy blockade reimposed by Trump in July.<\/p>\n

\u201cWe are tracking down the IRGC\u2019s assets, and I will say it on worldwide TV, just so you know: We know where in the British Virgin Islands your accounts are at these trust companies,\u201d Bessent said Tuesday.<\/p>\n

\u201cWe know the $100 million houses you have around the world. We are going to freeze those. We are going to our partners. We are going to close all that down.\u201d<\/p>\n

The UK embassy in Washington directed The Post to a statement issued last week by Chancellor of the Exchequer John Healey pledging support for Operation Economic Outcast.<\/p>\n

Read more Florida sickos kept 4 kids in \u2018rolling dungeon\u2019 semi-truck where they were sexually abused for 6 years: authorities<\/a><\/p>\n

Bessent likened the Iranian government to a poisonous snake whose head has been chopped off, but whose body is still wriggling due to involuntary muscle contractions.<\/p>\n

\u201cWhen I was a kid in South Carolina, we lived near a swamp, and as a result, we\u2019d end up with a lot of poison snakes in our yard. And you would take either a rake or a machete, or a paddle from a boat, and you cut the head off,\u201d he said.<\/p>\n

\u201cBut the snake, the tail kept wiggling, and you had to bury the head of the snake because the head of the snake was still poisonous, and there was venom there. So we are burying the head of the Iranian snake. The snake doesn\u2019t know it\u2019s dead yet, but it will stop wiggling when the sun goes down.\u201d<\/p>\n

\n<\/div>\n

Bessent predicted last week that sanctions would either \u201ccollapse this regime\u201d in Iran \u2014 or force it back to the negotiating table.<\/p>\n

The Trump administration has credited sanctions on Venezuela with weakening that country\u2019s government ahead of the January military operation that toppled strongman Nicolas Maduro.<\/p>\n

But in other cases, long-term sanctions failed to dislodge dictators like Saddam Hussein in Iraq and the Castro brothers in Cuba.<\/p>\n

Read more Tua Tagovailoa, wife caught in apparent \u2018burner\u2019 situation amid nightmare training camp<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Treasury Secretary Scott Bessent said Tuesday that he will “asphyxiate” the Iranian government until it agrees to a peace deal with President Trump.<\/p>\n","protected":false},"author":1,"featured_media":7864,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-7865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nScott Bessent vows to 'asphyxiate' Iran with sanctions, taking away IRGC's offshore accounts, luxury homes - Metro Transit Review<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/metrotransitreview.com\/?p=7865\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scott Bessent vows to 'asphyxiate' Iran with sanctions, taking away IRGC's offshore accounts, luxury homes - 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