{
  "id": 2230359,
  "title": "U.S. Treasury Secretary to detail plans to isolate Iran’s economy on Monday",
  "url": "https://urgent.news/2026/08/20/u-s-treasury-secretary-to-detail-plans-to-isolate-irans-economy-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T21:40:38.000Z",
  "source": {
    "name": "National Post",
    "slug": "national-post",
    "url": "https://nationalpost.com/news/u-s-treasury-secretary-to-detail-plans-to-isolate-irans-economy-on-monday"
  },
  "original_language": "en",
  "account": null,
  "summary": "US Treasury Secretary Scott Bessent will hold a press conference on Monday to discuss plans to isolate Iran's economy. He also sought to increase pressure on US allies to join the effort.\n\nBessent has been working to manage interest rates and government debt. Recently, he announced that the Treasury would double the size of a bond buyback program to $4 billion per operation, aiming to reduce the supply of 10-year to 30-year bonds and boost their prices.\n\nAccording to Bessent, the bond repurchase program could potentially be larger than $4 billion, as he stated that the Treasury has a \"big toolkit\" at its disposal. He expressed his belief that current yields do not reflect the underlying fundamentals.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "Instant View: US Treasury will double some bond buy backs",
        "url": "https://urgent.news/2026/08/19/instant-view-us-treasury-will-double-some-bond-buy-backs",
        "published": "2026-08-19T13:43:28.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Bessent becomes most interventionist Treasury chief in decades",
        "url": "https://urgent.news/2026/08/20/bessent-becomes-most-interventionist-treasury-chief-in-decades",
        "published": "2026-08-20T19:07:36.000Z"
      },
      {
        "outlet": "Associated Press",
        "title": "Why Treasury Secretary Bessent’s moves to calm the bond market haven’t worked so far",
        "url": "https://urgent.news/2026/08/20/why-treasury-secretary-bessents-moves-to-calm-the-bond-market-havent",
        "published": "2026-08-20T19:53:01.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Warsh faces Fed independence test as Bessent moves in on central bank's turf",
        "url": "https://urgent.news/2026/08/20/warsh-faces-fed-independence-test-as-bessent-moves-in-on-central",
        "published": "2026-08-20T20:02:18.000Z"
      },
      {
        "outlet": "Qatar Tribune Business",
        "title": "Dollar slides as Treasury acts to calm bond market turmoil",
        "url": "https://urgent.news/2026/08/20/dollar-slides-as-treasury-acts-to-calm-bond-market-turmoil",
        "published": "2026-08-20T21:00:00.000Z"
      },
      {
        "outlet": "This Is Money",
        "title": "Bitcoin above $70k for first time since early June after Bessent's intervention in bond markets",
        "url": "https://urgent.news/2026/08/20/bitcoin-above-70k-for-first-time-since-early-june-after-bessents",
        "published": "2026-08-20T21:10:48.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "US bond selloff resumes despite Treasury intervention",
        "url": "https://urgent.news/2026/08/20/us-bond-selloff-resumes-despite-treasury-intervention",
        "published": "2026-08-20T21:41:21.000Z"
      },
      {
        "outlet": "The Hill",
        "title": "Turmoil in Treasury bond yields sparks global worries: What to know",
        "url": "https://urgent.news/2026/08/20/turmoil-in-treasury-bond-yields-sparks-global-worries-what-to-know",
        "published": "2026-08-20T22:27:09.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "US bond sell-off resumes despite Treasury intervention",
        "url": "https://urgent.news/2026/08/20/us-bond-sell-off-resumes-despite-treasury-intervention",
        "published": "2026-08-20T22:51:35.000Z"
      },
      {
        "outlet": "Jerusalem Post",
        "title": "Treasury Secretary Bessent says US will 'squash' Iranian economy, collapse 'murderous regime'",
        "url": "https://urgent.news/2026/08/20/treasury-secretary-bessent-says-us-will-squash-iranian-economy",
        "published": "2026-08-20T23:36:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}