The U.S. Treasury Secretary, Bessent, on the Islamic Republic of Iran:

We have sanctioned another bank linked to the Iranian regime. Last week, we sanctioned a bank in Egypt with five branches in Dubai that had provided $1.8 billion to the regime.

Today, we will sanction another bank, and we will likely sanction another bank next week as well.

We are telling the financial system: bad actors, we know who you are. You know who you are. It’s over.

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