Treasury Secretary Scott Bessent appears on CNBC to discuss the Trump administration policies that were proactively deployed during Operation Epic Fury.
The goal of global financial stabilization is actually part of the strategic planning within the White House, including Treasury, Energy and Interior in alignment with the State Dept., Pentagon and national security agencies. Part of that plan was the announcement for the U.S. to underwrite maritime insurance to ensure a minimal disruption to the global energy markets.
Secretary Bessent discusses the insurance facet at the 3:00 minute mark of the video below. WATCH:
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Posted in Banking and Finance, Big Government, Donald Trump, Iran, media bias, Operation Epic Fury, President Trump, Uncategorized, US Treasury, USA
Out of the box thinking is a big reason why I voted for President Trump six times.
Three primaries, three general elections.
Same here. I just wish he would finish the border wall with the speed that was used in attacking Iran and same goes for deportations. Also, I wish he wasn’t taking orders from Bibi and thus having the US as Israel’s vassal.
Your concerns are duly noted. Please drop the “Bibi owns the world” narrative… it’s tedious.
And don’t forget stupid. Tiresome. Boneheaded. Completely divorced from reality.
He didn’t say “Bibi owns the world” – he said that the United States is a “vassal of Israel” and appears to have an issue with that.
We on the right constantly call out people that “own” others – e.g. “Soros owned DA” or “Hostage of the ACLU”. On the Left they do the same thing to us.
But, there is ONE lobby that nobody is allowed to mention.
When someone calls out out AIPAC (Israel), and their hold over the United States, they get attacked as if some divine law has been broken.
AIPAC does have a hold over our government.
You can pretend to not see it if you like, but pretending doesn’t get you anywhere. Calling it “tedious” is a childish denial of a situation that will eventually need to be resolved.
Do you ever look in the mirror and think, “How did I get to the point where I am willing to promote the same Jews-Rule-The-World propaganda that paved the way for the Holocaust?”
Do they pay you or do you do it for free? If they pay, what is the price of a soul going for these days?
You just proved my point.
I can attack any large political lobby – except ONE, is that correct?
So true.
Christian Zionism is a hell of a drug, sadly.
Holocaust, Shmolocaust.
How many wars will be caused by Israel?
Well, go ahead and name them?
AIPAC likely does have a significant hold, as you say, over many elected officials.
That doesn’t apply to Trump, who doesn’t need anyone’s money and doesn’t give a shit about anyone’s approval.
Doubt it since Miriam Adelson gave over $100 million, closer to $200 to Trump. Because of this “donation” Trump release Jonathan Pollard and Adelson had him flown to Israel on her private jet. Pollard was the worst spy in US history. Now, tell me AIPAC, strongly support by Adelson, doesn’t have a grip on Trump.
Jonathan Pollard was released on parole in 2015, which is before Trump became president. Please get your facts straight before making accusations.
https://www.britannica.com/biography/Jonathan-Pollard
Tucker and Owen’s fan in the house.
I’d like to believe that. I hope that the demolition of the current Iranian regime is genuinely beneficial to the interests of the American and Iranian people, and not just Israel’s dreams of being the middle-eastern hegemon.
“Please drop the “Bibi owns the world” narrative… it’s tedious.”
Sounds like the only reasonable reason the U.S. has fought so many wars, not for the interest of the U.S., but for the Israeli interest..
Yes! I was nodding in agreement with the poster, until they threw in that point.
Just an Israeli puppet ?
Oh, like Iran wasn’t our greatest enemy since the collapse of the Soviet Union. And has been heavily involved in all the proxy actions against us since ‘79.
It’s loooong overdue that a president had the balls to take them out. Finally.
What makes you think President Trump is taking orders from ‘BiBi’?
What if BiBi is taking orders from President Trump.
1950 miles of border and by the end of 2026 a little over 1100 miles will have a wall. Do you know around 525 miles will never have a wall because it is water (Rio Grande) and mountain desert unpassable territory, nothing but death awaits those going there. By 2029 the wall will be completed and the reason waiting for easements to build.
Want to know about the border wall. US Border Wall Statistics 2026 | Key Facts – The World Data
You really think Donald Trump takes “orders” from ANYONE??? LOL
I have always laughed at the rats calling him Putin’s puppet. He’s never been anyone’s puppet.
POTUSDJT is his own man – the Alpha.
People do strange things when loved ones are under threat
You win the comment of the day award. LOL
Tucker and Candice said Trump wears a yarmulke under his orange wig so it must be true. (S)
“ I wish he wasn’t taking orders from Bibi and thus having the US as Israel’s vassal.”
Even if this is true, it does not bother me in the slightest.
We are on the same side – God’s side.
If we ever stop supporting and defending Israel in these Last Days, we will be on the OTHER SIDE.
That’s my belief and opinion. It’s not a doctrine of my religion, AFAIK. I’m a member of the Church of Jesus Christ of Latter-day Saints.
I mention this because someone will likely want to know…
[Lloyd’s of London]
They are the “Warewolves of London”
AWOOOOOOO!
with a Chinese menu in his hand … Hmmmm Xi – everything good?
Thank you, Sundance.
Its seems like the decapitation strike didnt result in the venezuela scenario playing out in Iran as hoped. Now we’ll see how plan B works out.
It wasn’t expected to.
Beneath Maduro were non-ideological people who can clearly see the path to their entire future is cooperation with the US.
In Iran, the leadership and the immediate sub-tiers of government are all occupied by Religious Zealots who would rather die, and burn everything down with them, than yield to the US & Israel.
This was not unknown to the administration.
The hope, over the longer term, is that enough of these sub layers and military can be eliminated so the citizens can overcome what’s left.
Did you read somewhere that this was a rinse and repeat of the Maduro capture operation? Two entirely different scenarios.
That’s all over the MSM. That and oh noes another Iraq debacle
👎 Totally different animal here.
So can you explain to me exactly how insurance works to deliver oil if the ships are at the bottom of the ocean?
The insurance is being offered to prevent oil buyers from losing their investment if a freighter is sunk. You’ve paid an insurance premium before, right?
I hope Wyoming Treeper does have some understanding as to how insurance works with regard to risk asssessment(s) and partial losses.
That request for an insurance explanation is very strange. I thought that Wyoming residents were particularly skillful at living life as it is, not as we wish it was…and in today’s world, that requires a pragmatic use of insurance policies.
It’s not just oil tankers moving through the Persian Gulf. It’s for incidents like this:
https://www.zerohedge.com/geopolitical/unknown-projectile-strikes-container-ship-strait-hormuz-maritime-crisis-explodes
Well, since you ask,… Trump’s new American backed insurance allows the ship owners to sail their ships thru the Persian Gulf waters,….. with US Naval escorts,…. that keep them off of the bottom. That’s the Plan.
… and therefore remove the uncertainty that is currently driving up oil/gasoline prices and exciting our leftist friends.
Just like any other risk you take. There was a video here about insurance these tankers have. They are between a rock and hard place because there is a top insurer, Lloyds of London and then everybody competes on that number in the marketplace. They are also telling ships not to go through now even if they are insured because of they come out unscathed, they won’t be insured when the new contracts come up. See how that works? It is said that the Iranians are loading tankers with oil right now and that the Straits of Hormuz is not officially closed like the media has pronounced. I wish I could find the video for you. It was excellent to answer the question in real time that you have asked.
Now do Sharia Blighty and its appeaser oik PM…
It’s such a shame. I specifically recall the then leader of Spain verbally standing with the US, offering full support in the immediate aftermath of 9/11.
My lord, how far we’ve come in 25 years. Or should I say : Sunk.
“We’re fighting them ‘over there’ so we don’t have to fight them here.”
Wasn’t that the justification for the Iraq war?
What a difference 25 years of not remembering makes.
I recall a long – dead European saying something to the effect of “They have learned nothing and have forgotten nothing.”
In light of their decision to green light the Islamic flood and their decision to go full retard on governance, it’s past time to cut the cord…
It only took three days but apparently the Mullahs finally lobbed a single missile at Turkey. Erdogan must have told them they are making it look to obvious by leaving him out!
Sounds like the IDFco is going to replace the Lloyds of London crowd as International insure of the world. Sorry England you lose.
Stabilizing the region definitely helps with this plan
https://www.washingtonpost.com/documents/f86dd56a-de7f-4943-af4a-84819111b727.pdf
Isn’t the issue that Anthropic doesn’t want AIs operating weapons against human targets without human oversight? That seems like a reasonable thing to be cautious about.
I believe the no go is the determination of WHO that human is… the Anthrop board or the DoW.
Yes.
I am missing the connection, I was under the impression this deal was a prospectus put out by Michael Eisenberg and Lyron Tancman, COGAT, Boston Consulting Group, Jared Kushner and Steve Witkoff, and the Tony Blair Institute for Global Change. With several alternate plans coming from Israel, GAZA locals, etc. My observation was that in order for anyone, regardless of who wins the bid, to succeed in this they need to make sure the neighbors are friendly. Sorry if I missed something.
OpenAI isn’t the answer either…
Can’t hate insurance companies enough. Almost as scummy as politicians. Five insurers out of London, including Lloyd’s of London, basically shut down oil and cargo transit in one of the most important parts of the world.
I hope that the US continues this program for a couple of years, as punishment for those insurance company shenanigans.
Lloyds isn’t an insurance company. It’s a marketplace like the NYSE. Would you have insured cargo this week with your own money? No, I think not.
They were charging a war-time premium, which was 3x-5x higher than normal insurance rates. Then they bailed altogether. So, I guess you’re okay paying for a service then not receiving it …
A market place similar to the FED too?
Yes.
Gas here has gone up 40c/gal in the past 24 hrs
Here is an intelligent assessment of the marine insurance issues, naval escort claims, and whether the Strait of Hormuz is actually closed from marine shipping expert, Sam Mercagliano. The key points : (1) while there are undoubtedly war risks to any vessel transiting through the Strait and the Persian Gulf, the Strait and the Gulf have NOT been officially closed by Iran. The reason why most (but not all) vessels are not transiting through the Strait and the Gulf is because their insurance carriers have cancelled or threaten to cancel the vessel’s “War Risk” insurance coverage until they decide on the appropriate amount of the premium increase based upon the current risk assessment (coverage is only provided on a weekly basis and is expected to increase from approximately 1% of the vessel’s value to anywhere from 3% to 5% – once the new rates are decided and new insurance contracts are signed he expects the ships to start moving again). (2) Marine Insurance is not just provided by Lloyds. There are just one player in the game. The vast majority of Marine Insurance is actually provided by 11 or 12 “P&I Clubs”which are syndicates that are actually made up of shipowners. Above them are various levels of insurance and re-insurance (3 levels to be exact). Everyone in the insurance game is recalculating their premiums /rates based upon how their risk / threat assessments. (3) On average there some 125 vessels a day that transit around tbe Strait – tbe vast majority of which are oil / LNG tankers. Quite simply, tbe U.S. Navy does not have the assets (ships) to provide any sort of effective escort service for all the vessels that might need or want it. Watch his discussion.
All of them use Lloyds as the reference point…and there is a ton of UK propaganda about how indispensable they are and how the US can’t do the job – when the fact is that the US intelligence has been the ultimate source of both the intelligence used to determine the risk and the US military the ultimate security that backs it all up.
So how much liability to the U.S. taxpayer may be brought about by this “global financial stabilization”?
Do any treepers care about that?
Knowing Trump, he’ll seize Iranian Oil and use that to cover the cost.
How much does said stabilization effect the US economy, and it’s financial and national security?
Or is that something people don’t care about?
It won’t affect our economy. But the effects of it will be felt throughout the region and the insurance markets.
And then there is the revenue generated that would help offset the cost of naval protection. And if by suggesting we’d do it, the markets remain calm and supply lines open, then we all benefit from stable prices.
Two long detailed sets of commentary regarding the truth about Lloyds and their insurance scam, which the UK has used forever as a lever to control the flow of commerce. They’ve done this for at least half their time based on US intelligence and the US Navy. From the sounds of what Bessent and PDJT said, they’ve decided it’s time to break another UK colonial harness…
https://nitter.poast.org/ColonelTowner/status/2028874984219644077#m
I’m hoping this post is redundant, it’s obvious. But underwriting maritime insurance doesn’t solve all of the current Hormuz crisis. No shipper wants to lose the ship(s). No insurance floats replacements in any time frame called ‘quick’