Treasury Secretary Scott Bessent is scheduled to hold a press conference at the Treasury Department on August 24 at 2 p.m. ET, following recent market volatility in long-term Treasury yields and a spike in oil prices. Developments in the prior week include Treasury's expanded bond buyback program aimed at supporting longer-duration debt, ongoing fiscal consolidation efforts with OMB Director Russ Vought, and administration plans for additional sanctions targeting Iran amid concerns over energy flows. Bessent has already addressed reporters on these topics in recent gaggles, noting uncertainty around oil price movements, tariff refund impacts on deficit figures, and the view that growth can address the $40 trillion national debt level. Traders are likely monitoring for any new details on sanctions timing, buyback scale, or fiscal outlook that could clarify policy direction.