Scott Bessent was moved to a military base amid safety concerns. The relocation underscores heightened risks surrounding Washington's financial pressure campaign against Iran.Image used for representational purposes onlyWashington,Nov 11, 2026 22:16 ISTUS Treasury Secretary Scott Bessent was recently moved to a military base because of concerns over his safety, as he leads a major economic campaign aimed at cutting Iran's remaining financial links worldwide.The relocation comes as the Trump administration continues financial pressure on Tehran over its nuclear programme, even as President Donald Trump said this week that the more than eight-month-old Iran war was “militarily effectively over”.A person familiar with the matter told The Associated Press on Wednesday that media reports which helped identify Bessent's home address were partly responsible for the move.
The person spoke on condition of anonymity because of the sensitive nature of the details. The New York Times first reported the relocation.Other senior Trump administration officials, including Secretary of State Marco Rubio and Defence Secretary Pete Hegseth, also live on military bases.
The US Treasury Department pledged an “economic D-Day” against Tehran in August. The effort has since developed into a wide-ranging sanctions and influence campaign intended to force Iran to accept US demands over its nuclear programme.In recent months, US officials have travelled across Europe and the Middle East and held closed-door meetings on the sidelines of the UN General Assembly.
They urged some of Iran's closest and most important trading partners to cut financial ties with Tehran or face retaliation from the United States. Some countries appear to have acted on the US demands.
The United Arab Emirates and Turkiye, both key trading partners and regional neighbours of Iran, stopped the country's leading commercial bank from processing transactions in their territories. Some major Iranian airlines were also barred from important regional routes from Istanbul to Muscat in Oman.Bessent's move to a military base comes amid the continuing US sanctions campaign, which seeks to isolate Iran financially and increase pressure on Tehran over its nuclear programme.With PTI Inputs- Ends