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Scott Bessent Says Iran 'Funneling' Billions to Its Terrorist Proxies as Its People Struggle: 'Corrupt Regime' Is Squandering Enormous Sums Abroad

Aug 28, 2026 · 01:05 AM ET· updated 1h ago
Scott Bessent Says Iran 'Funneling' Billions to Its Terrorist Proxies as Its People Struggle: 'Corrupt Regime' Is Squandering Enormous Sums Abroad

Treasury Secretary Scott Bessent accused Iran's government of funneling billions to terrorist proxies while its own citizens struggle.

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Why It Matters

A U.S. government leader said Iran's leaders are sending lots of money to groups they support overseas instead of helping their own people at home. This kind of news can make people think about which countries are stable and trustworthy for business.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.