US Plans to Sanction Another Bank in Effort to Clamp Down on Iran Transactions: US Treasury Sec Bessent

Asheville: President Donald Trump’s administration plans to impose sanctions on another bank this week as it intensifies efforts to economically isolate Iran, U.S. Treasury Secretary Scott Bessent told The Associated Press on Sunday. “This is going to be financial violence if we have to,” Bessent said in the interview. “We are showing people that we know who you are, you know who you are, and this has got to stop.” Bessent spoke with the AP ahead of Group of 20 meetings in Asheville, North Carolina, where he will huddle individually with his counterparts from the world’s major and developing economies…