Bessent says U.S. will sanction another bank over Iran ties
By The BriefBrief
U.S. Treasury Secretary nominee Scott Bessent told AP that the U.S. plans to sanction another bank to clamp down on Iran transactions. In the interview, he said the approach is meant to stop such activity, calling it “financial violence” if needed.
WHO:Scott Bessent
WHAT:Bessent said the U.S. plans to sanction another bank to clamp down on Iran transactions.
WHEN:Reported Aug 30, 2026 at 6:28 PM ET
WHERE:USA
WHY:Bessent linked the planned sanctions to efforts to stop Iran-related transactions.
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