Treasury Secretary Scott Bessent Moves to Military Base, AP Says

WASHINGTON – Treasury Secretary Scott Bessent has moved to a military base amid concerns about his personal safety.

The relocation comes after Bessent spent months leading an expansive economic campaign against Iran designed to sever Tehran’s remaining financial connections around the world.

A person familiar with the matter told The Associated Press on Wednesday that the move was partly prompted by media reports that helped reveal Bessent’s home address. The person spoke on condition of anonymity because the details are sensitive. The relocation was first reported by The New York Times.

Other senior Trump administration officials, including Secretary of State Marco Rubio and Defense Secretary Pete Hegseth, also reside on military bases.

President Donald Trump said this week that the more than eight-month-old war with Iran is “militarily … effectively over.” His administration, however, has continued its financial campaign in an effort to pressure Tehran into accepting U.S. demands regarding its nuclear program.

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In August, the Treasury Department promised an “economic D-Day” against Tehran, launching what has since become a sweeping sanctions and influence operation.

Over the past several months, U.S. officials have traveled across Europe and the Middle East and held private meetings on the sidelines of the U.N. General Assembly. Their message to some of Iran’s closest and most important trading partners has been direct: Cut financial ties with Tehran or risk retaliation from Washington.

Some countries appear to have responded. The United Arab Emirates and Turkey, both key trading partners and regional neighbors, stopped Iran’s largest commercial bank from processing transactions within their borders. Several of Iran’s leading airlines were also denied access to important regional routes, including those linking Istanbul with Muscat, Oman.