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Trump Administration to Sanction Unnamed ‘Large’ Bank on Monday, Bessent Says

Summary by WTVB
By Jasper Ward WASHINGTON, Sept 10 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday 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 U.S....

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Washington: U.S. Treasury Secretary Scott Bisnet said on Thursday that President Donald Trump's administration will impose sanctions on a large bank next week, continuing to exert economic pressure on Tehran to end the conflict more than six months ago.

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The Trump administration plans to announce Monday sanctions against a large bank whose identity and country were not revealed, while Washington expands economic pressure on Iran and its financial networks.

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The Straits Times broke the news in Singapore, Singapore on Thursday, September 10, 2026.
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