U.S. Warns Iran it Will Step Up Economic Pressure; Trump Asks SCOTUS to Allow Ballroom Construction

Secretary of War Pete Hegseth on Aug. 13 told reporters the U.S. military has the capability to maintain its naval presence to enforce its retaliatory blockade of Iran, which has inflicted severe economic damage on the country. Treasury Secretary Scott Bessent said the United States planned to inflict more financial damage on Ir...