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Trump administration plans new bank sanctions over Iran transactions, Bessent says

Treasury Secretary Scott Bessent told the AP that the Trump administration plans to sanction another bank this week as it increases economic pressure on Iran.

Treasury Secretary Scott Bessent told the Associated Press that the administration plans to sanction another bank this week as part of its effort to isolate Iran economically. He did not identify the bank in the report.

Sources

  1. PBS NewsHour Politics — U.S. plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP ↗