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Bessent Warns Iran's Trade Partners to Cut Ties Ahead of New Sanctions | Balance of Power
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August 24, 2026
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36:49Now PlayingInsight & analysis on the White House and Capitol Hill.
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Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as part of what he called an “economic D-Day” campaign to isolate the country and end nearly six months of war.President Donald Trump is calling world leaders with “specific requests to cease their interactions with the regime” and countries will face a specific timeline to shut down links with Iran or face unilateral US punishment, Bessent told a press conference.
On this edition, Joe and Kailey speak with:
Tyler Kendall, Bloomberg Washington Correspondent
Joe Lavorgna, Chief Economist of SMBC Americas/Former-Counselor to Secretary Scott Bessent at the US Treasury Department
Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor & Leslie Shedd, President of Rising Communications and Republican Strategist
Vali Nasr, Professor of Middle East Studies and International Affairs at Johns Hopkins University School of Advanced International Studies
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Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
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