Wednesday, June 3, 2026
37.9 C
New Delhi

Iran war not to end soon? Treasury’s Bessent says US has ‘plenty of money to fund this war’

Iran war not to end soon? Treasury's Bessent says US has 'plenty of money to fund this war'

US treasury secretary Scott Bessent on Sunday said the United States has “plenty of money to fund” its war against Iran, asserting that President Donald Trump is keeping “all options on the table” amid the ongoing Middle East conflict.Speaking to NBC News, Bessent defended the administration’s actions, saying Trump acted within his legal authority. “President Trump was within his authority under the War Powers Act to initiate this action, and we actually now have plenty of money to fund this war. What we are doing is supplemental,” he said.”President Trump has built up the military as he did in his first term, as he is now doing in his second term, and he wants to make sure that the military is well supplied going forward,” he added.

Israel Iran War

Earlier, Trump indicated that his administration may seek around $200 billion in additional Pentagon funding amid the war, calling it a “small price to pay” to maintain US military readiness. Speaking from the Oval Office, he said the funds would help ensure military superiority and denied any shortages of weapons.”We’re asking for a lot of reasons, beyond even what we’re talking about in Iran…Munitions in particular – at the high end, we have a lot, but we’re preserving it,” Trump had said. US Secretary of War Pete Hegseth also confirmed that the Pentagon plans to request additional funding from Congress to support ongoing operations and replenish stockpiles. “As far as USD 200 billion, I think that number could move, obviously. It takes money to kill bad guys,” Hegseth said, referring to operations under “Operation Epic Fury” against Tehran.Bessent stressed that the administration would maintain strategic ambiguity. “He is not going to give away what we are going to do. As President Trump always does, he is leaving all options on the table,” he added.The remarks come amid an escalating conflict that began on February 28 following joint US-Israeli strikes on Iran, triggering retaliatory attacks by Tehran on Israel and US-linked targets across the region, disrupting key shipping routes and impacting global energy markets.

Go to Source

Hot this week

UK YouTuber murdered pregnant girlfriend and tried to hide it through a gaming livestream

A YouTuber who faked a gaming livestream to create an alibi while murdering his pregnant girlfriend has been jailed for at least 31 years. Read More

Day after texting brother about new job, Kolkata girl run over in UK by driver charged with DUI

LONDON/KOLKATA: Anisha Chakraborty texted her brother Raktim in the US from Birmingham last Friday to say she had good news to share. Read More

On Indo-China border, model village to come up in Ladakh for nomads

SRINAGAR: Ladakh Lt Governor Vinai Kumar Saxena Wednesday laid the foundation stone for the first model border village at Chumur, located at an altitude of 16,700 feet along the India-China border. Read More

National Conference’s ‘secretive’ Dachigam huddle ends with Delhi protest plan for J&K statehood

SRINAGAR: J&K CM Omar Abdullah whisked National Conference (NC) MLAs and MPs to Dachigam national park on Srinagar’s outskirts for a day-long strategy session Wednesday that ended with a political call to arms — a protest in New Delh Read More

Tragic end: Eight members of Gurugram CA’s family perish in Malviya Nagar fire

Gurugram/New Delhi, Jun 3 (PTI): A silent grief hung in the air as the residence of chartered accountant Vivek Agarwal in Gurugram lay deserted on Wednesday after almost the entire extended family was wiped out in the deadly blaze that ripped throug Read More

Topics

UK YouTuber murdered pregnant girlfriend and tried to hide it through a gaming livestream

A YouTuber who faked a gaming livestream to create an alibi while murdering his pregnant girlfriend has been jailed for at least 31 years. Read More

Day after texting brother about new job, Kolkata girl run over in UK by driver charged with DUI

LONDON/KOLKATA: Anisha Chakraborty texted her brother Raktim in the US from Birmingham last Friday to say she had good news to share. Read More

On Indo-China border, model village to come up in Ladakh for nomads

SRINAGAR: Ladakh Lt Governor Vinai Kumar Saxena Wednesday laid the foundation stone for the first model border village at Chumur, located at an altitude of 16,700 feet along the India-China border. Read More

National Conference’s ‘secretive’ Dachigam huddle ends with Delhi protest plan for J&K statehood

SRINAGAR: J&K CM Omar Abdullah whisked National Conference (NC) MLAs and MPs to Dachigam national park on Srinagar’s outskirts for a day-long strategy session Wednesday that ended with a political call to arms — a protest in New Delh Read More

Tragic end: Eight members of Gurugram CA’s family perish in Malviya Nagar fire

Gurugram/New Delhi, Jun 3 (PTI): A silent grief hung in the air as the residence of chartered accountant Vivek Agarwal in Gurugram lay deserted on Wednesday after almost the entire extended family was wiped out in the deadly blaze that ripped throug Read More

PM to virtually join inaugural event of 1st World Yogasana Sports Championship

New Delhi, Jun 3 (PTI): The 1st World Yogasana Sports Championship 2026 will commence in Ahmedabad on Thursday, Prime Minister Narendra Modi said, confirming his virtual participation in the event. Read More

Kick streamer Clavicular chased a new look through live rhinoplasty and left viewers speechless

Kick streamer Clavicular chased a new look through live rhinoplasty and left viewers speechless (Image via Getty) Braden Peters, better known online as Clavicular, surprised thousands of viewers on June 3 when he broadcast his own n Read More

Israeli strikes kill nine in Lebanon as Hezbollah fires rockets over border

The ministry also said that two paramedics were killed and a third was seriously wounded when Israeli forces “directly targeted an ambulance” in the Chehour area, which is about 14km (9 miles) to the east. Read More

Related Articles