US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
ASHEVILLE, N.C. (AP) — The Trump administration plans to impose sanctions on another bank this week in an effort to clamp down on Iran transactions, Treasury Secretary Scott Bessent said Sunday. Bessent spoke with…
Treasury Secretary Scott Bessent announced on Sunday that the Trump administration intends to impose sanctions on an additional bank this week, aiming to restrict Iran's financial transactions. During an interview with The Associated Press ahead of the Group of 20 meetings in Asheville, North Carolina, Bessent expressed his determination to take "financial violence" measures if necessary.
He emphasized the importance of identifying and exposing those involved in Iran's transactions. Bessent recently initiated a campaign to urge countries still engaged in business with Iran to discontinue their financial connections or face repercussions from the United States.
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