Secretary Scott Bessent announced Operation Economic Outcast to sever the remaining financial lifelines sustaining the Iranian regime and its enablers. The U.S. Treasury's Office of Foreign Assets Control designated VTB Bank, a prominent Russian financial institution, for establishing correspondent relationships with sanctioned Iranian banks to evade restrictions. This effort seeks to disrupt the material, technological, and financial support that allows Iran to maintain its terrorist enterprise.

The Treasury is now soliciting insider information from employees and partners globally through a new tip line. Whistleblowers who provide actionable data on Iranian financial networks are eligible for awards, regardless of their residence or who pays their salary. This approach shifts the sanctions model from top-down targeting of institutions to a bottom-up method of identifying enablers.