Treasury Faces Staffing Crunch as Iran Strategy Expands

As the Trump administration sharpens economic pressure on Iran, Treasury Secretary Scott Bessent relies on a shrinking inner circle while seven Senate-confirmed officials depart since 2025. The exodus—amid a broad, high-stakes policy agenda from debt management to sanctions—could strain the department’s ability to coordinate economic pressure, manage markets, and sustain a wartime-level sanctions effort, even as Bessent pushes for aggressive action against Iran and tighter financial diplomacy.