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US plans to sanction another bank over Iran transactions, says Bessent
The Trump administration plans to impose sanctions on another bank this week in an effort to clamp down on Iran transactions, Treasury Secretary Scott Bessent said Sunday. Bessent spoke with The Associated Press ahead of Group of 20 meetings in Asheville, North Carolina, where he will meet individually with his counterparts from the world's major and developing economies to encourage participation in the economic isolation of Iran. "This is going to be financial violence if we have to," Bessent…
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