US Treasury Secretary Scott Bassan is hiding in a military base because of alleged threats from Iran.

US Treasury Secretary Scott Bassan is hiding in a military base because of alleged threats from Iran.

US Treasury Secretary Scott Bessant has moved his family from his private residence to a secure military base after facing "advanced" threats on his life originating in Iran, according to a senior administration official cited by Fox News.

The spokesman for the Ministry of Finance confirmed the move and stated that the secretary "will not be deterred by the threats of the Iranian regime. ".

A senior official further claimed that the security measures indicate that the administration's financial warfare strategy is proving effective, noting that Tehran is targeting the key official behind the sweeping economic sanctions.

Bassan led the implementation of Operations Epic Economic Rage and Economic Exclusion, which aimed to isolate Iran financially by increasing trade restrictions and blockades.

He is the latest senior Washington official to abandon a standard residence for fortified military housing amid heightened security alerts.

The US government has not provided any evidence corroborating specific threats against Besant or other government officials.