‘Inept, incompetent, craven’: Scott Bessent struggles to clean up the president’s mess

The Guardian · August 29, 2026 Sanctions

There’s little optimism about treasury secretary’s ability to handle Trump’s tariffs, Iran sanctions and colossal US debt History remembers Gen Dwight Eisenhower , the supreme commander of the allied forces in Europe during the second world war, for his role in the D-day invasion of Normandy. Whether Scott Bessent will achieve similar posterity as the face of the “economic D-day” in Iran remains to be seen. The US treasury secretary, already trying to manage a $40tn national debt pile, this week took charge of Donald Trump ’s effort to reverse-engineer his war of choice.

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