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Bessent Warns of Economic Asphyxiation | Bloomberg Businessweek Daily 8/24/2026

Treasury Secretary Scott Bessent delivered remarks to kick off the week, announcing a plan to to sever Iran from the global economy and threatening all nations to cut ties with Iran. A panel of Bloomberg experts -- Chief US Interest Rate Strategist Ira Jersey, Economics & Policy Correspondent Mike McKee, and Senior National Political Correspondent Nancy Cook -- react to Bessent's remarks, including the plan for bond buybacks next month. Then, TerraPower CEO Chris Levesque, discusses his compa...