Saturday, August 22, 2026

The Iran war is testing a depleted Treasury - POLITICO

“If you’re focused on everything, you’re focused on nothing,” said a former administration official, who, like others in the story, was granted anonymity to speak candidly. “If you’re a job candidate and you want to go work in the government and the writing on the wall is clear now that the Treasury Department is focused on Iran, can you recruit the best people to [help manage jittery investors in U.S. government debt]? Especially if you’ve seen the pattern of departures that you have?”

 https://www.politico.com/news/2026/08/21/bessent-portfolio-treasury-iran-01045672


 

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