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Bessent to speak as Trump administration expected to unveil new Iran sanctions

Washington — Treasury Secretary Scott Bessent is holding a press conference Monday at the Treasury Department as the Trump administration announces the details of what it’s calling “economic D-Day” for Iran.  Bessent is expected to broaden the administration’s current sanctions regime with the threat of stronger secondary sanctions on entities and countries that transact with…

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Trump orders scale-back of military exercises with South Korea after refusal to help with Iran’s denuclearization

President Trump announced Sunday that he has ordered the Pentagon to scale back joint military exercises with South Korea, saying that the country recently declined to join the U.S. effort to denuclearize Iran. Mr. Trump said on his Truth Social platform that the exercises are costly and they “send a signal that is totally inappropriate…

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