WASHINGTON, D.C. — Treasury Secretary Scott Bessent has relocated to a U.S. military base because of security concerns as the Trump administration continues an aggressive financial campaign against Iran.
A person familiar with the matter told the Associated Press that the move was prompted partly by media reports that helped identify Bessent’s home address. The New York Times first reported the relocation.
The security concerns come as U.S. intelligence indicates Iran has stepped up efforts to target American personnel in the Middle East and elsewhere. Those warnings contributed to the State Department reducing staffing at four U.S. embassies in the region last month.
Bessent has been a central figure in the administration’s effort to isolate Tehran economically. The Treasury Department announced what it called an “economic D-Day” campaign in August, pressuring countries and businesses to cut financial ties with Iran or risk U.S. retaliation.
The pressure has produced some results. Turkey and the United Arab Emirates reportedly halted transactions involving Iran’s leading commercial bank, while Iranian airlines have lost access to several important regional routes.
President Donald Trump said this week that the eight-month Iran war is “militarily effectively over,” although U.S. sanctions, a naval blockade and other economic pressure remain in place.
Bessent is not the only senior Trump official living on a military installation. Secretary of State Marco Rubio and Defense Secretary Pete Hegseth also reside on military bases because of security concerns.
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