Executive agency responsible for promoting economic prosperity & ensuring financial security of the United States. Led by 79th Treasury @SecScottBessent
Today, following Iran’s resumption of attacks on international shipping in the Strait of Hormuz, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned an Iranian financial facilitator who has effectively institutionalized large‑scale embezzlement within the Iranian regime, diverting publicly funded wealth offshore. OFAC today also targeted key Iranian exchange houses that move billions of dollars annually on behalf of sanctioned Iranian banks.