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World

Trump administration to sanction unnamed 'large' bank on Monday, Bessent says

ספט 11, 2026 ·  Source: The Jerusalem Post 83Objectivity score83/100

Trump administration to sanction unnamed 'large' bank on Monday, Bessent says

Bessent said the move was originally scheduled for Friday but was postponed because of the ceremonies marking the 25th anniversary of the September 11 attacks.

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🗞️ In-depth summary

US Treasury Secretary Scott Bessent announced on Thursday that the Trump administration plans to sanction a “large” unnamed bank on Monday as part of its ongoing economic pressure campaign against Iran. Bessent, speaking on "Real America's Voice," did not identify the bank or its country, but stated the action was delayed from Friday due to 9/11 anniversary ceremonies. He emphasized the administration's commitment to making it “unprofitable” to deal with the Iranian regime, warning, “We are coming for you.” This move follows the launch of "Operation Economic Outcast" last month, which sanctioned nearly 60 entities and expanded secondary sanctions across various sectors to isolate Iran economically.

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This story is based on reporting by The Jerusalem Post.
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