Treasury Department
@USTreasury
Executive agency responsible for promoting economic prosperity & ensuring financial security of the United States. Led by 79th Treasury @SecScottBessent
Joined March 2010
195 Following 1.1M Followers
Today, Treasury’s Office of Foreign Assets Control designated two firms integral to an Islamic Revolutionary Guard Corps-backed extortion scheme that forces commercial vessels to purchase mandatory maritime “insurance” to transit the Strait of Hormuz. Although this coverage purports to protect vessels from risks such as seizures, these risks are overwhelmingly created by Iran itself.
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