America can bankrupt Iran’s insiders — And it should

The U.S. Treasury Department has frozen bank accounts belonging to Iranian leadership and is coordinating with allied nations to eliminate sanctions loopholes and seize assets held by regime insiders. The Trump administration is intensifying financial pressure on Iran's ruling class as part of its broader strategy to constrain Iranian influence and destabilize the regime's economic foundation. Asset seizures and account freezes target the personal wealth of top officials, which historically has been shielded through shell companies and foreign bank havens. By coordinating internationally, the U.S. aims to close the offshore channels that have allowed Iranian elites to move and hide money despite existing sanctions. The strategy represents an escalation of economic warfare designed to weaken the financial network that sustains Iran's government.