U.S. Treasury Secretary Scott Bessent warned that another bank could be sanctioned next week, stating that "weekly sanctions will become the norm."
U.S. Treasury Secretary Scott Bessent warned in an interview on September 4, Eastern Time, that "another bank may be sanctioned next week," adding that the Treasury Department could roll out new secondary sanctions weekly, initially focusing on the banking sector. Last month, Bessent announced an "economic offensive" against Iran's global financial network, stating clearly that Washington's goal is to force Tehran back to the negotiating table.
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