Lawmakers press Treasury to target Chinese banks over Iran

A number of hawkish lawmakers on both sides of the aisle are urging the Trump administration to focus its effort to cut off Iran’s economic lifeline on one primary target: Chinese banks. Since Treasury Secretary Scott Bessent pledged Monday to sanction Tehran’s “enablers,” one big question has been whether the White House is willing to risk taking on Beijing, Iran’s biggest trading partner. On Capitol Hill, at least, the appetite appears to be there — particularly in terms of going after Chinese financial institutions. “Any country complicit in providing an economic lifeline to Iran’s terrorist regime, including China, must be…