US will sanction a large bank on Monday, treasury secretary says

NEWS SUMMARY

US Treasury Secretary Scott Bessent announced that the Trump administration will sanction a large, unnamed bank on Monday as part of ongoing economic pressure against Iran. This action, postponed from Friday due to 9/11 anniversary ceremonies, aims to compel Tehran to end the protracted conflict with the United States.

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US treasury secretary Scott Bessent has said the Trump administration will sanction a large bank next week as it continues to apply economic pressure on Tehran to end a more than six-month US conflict with Iran. He named neither the financial institution nor its country during his appearance on "Real America's Voice," but said the move would happen on Monday.

US will sanction a large bank on Monday, treasury secretary says

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