Treasury Secretary Scott Bessent talking with CNBC on Aug. 4th, 2026.
CNBC
The U.S. will probably be making use of financial measures “which have by no means been seen on Iran,” in response to Treasury Secretary Scott Bessent.
“Will probably be a mix of financial isolation like the world has by no means seen earlier than, and the continued blockade in the Strait of Hormuz that may hold something from stepping into or out of the Iranian ports,” Bessent stated in an interview with Newsmax, with out elaborating additional.
His statements come as U.S. Protection Secretary Pete Hegseth reportedly stated late Thursday stateside that the U.S. navy can hold a naval blockade of Iran going “indefinitely.” The Navy will rotate ships out and in “as now we have, and we’ll proceed to,” Hegseth advised reporters.
Media studies have stated that the U.S. plane provider USS George Washington was headed to switch the united statesAbraham Lincoln, which has been deployed for over 250 days within the Center East. Its deployment had been anticipated to finish in Could.
The George Washington strike group departed Vietnam on Aug. 12, the Navy stated in a press release.
Hegseth additionally advised reporters that studies about poor circumstances aboard the Lincoln, together with meals shortages, declining morale, and even makes an attempt by sailors to leap overboard, had been “utterly misrepresented.”
After Hegseth’s feedback, Rep. Mike Levin (D-Calif.) stated on X that he had despatched a letter to Hegseth and Performing Secretary of the Navy Hung Cao to precise critical considerations about circumstances aboard the Lincoln.
“The studies coming from navy households and family members concerning the circumstances aboard the united statesLincoln are merely unacceptable. Experiences embrace considerations of moldy showers, damaged bogs, lack of sizzling water, lack of entry to contemporary produce, and provide shortages,” the letter stated.
Sailors and marines are additionally stated to have an “overwhelming workload,” which is contributing to “excessive fatigue and burnout,” it stated.
In a submit on X, U.S. Central Command stated that studies alleging a brawl aboard the provider had been false, and that no service members have died.
This got here after Iranian media claimed on Tuesday that seven U.S. Navy personnel have been killed and several other wounded “in a violent conflict” on the Lincoln.
