US Treasury chief relocates to base after Iran threat

WASHINGTON: US Treasury Secretary Scott Bessent has relocated from his home in the Washington area to a military base “for his safety,” an official source familiar with the situation confirmed Wednesday — amid threats linked to Iran.

Bessent is the third senior official in President Donald Trump’s cabinet reported to have moved into military housing, following Secretary of State Marco Rubio and Defense Secretary Pete Hegseth.

Bessent has spearheaded a US push to cripple Iran’s economy since the start of the Middle East war through a web of sanctions.

Bessent “will not be deterred by the Iranian regime’s threats” and will continue implementing actions which are “collapsing Iran’s economy,” a Treasury spokesperson said.