https://www.live-feeds.com/feed/bessent-us-to-sanction-large-bank-on-mondayContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bessent-us-to-sanction-large-bank-on-mondayhttps://www.live-feeds.com/feed/bessent-us-to-sanction-large-bank-on-monday#u68721Tue, 15 Sep 2026 08:00:55 +0000The United States Treasury Department on Monday imposed new sanctions on Russia's state-controlled VTB Bank, accusing the institution of helping Tehran move billions in frozen assets and evade Western restrictions. Treasury Secretary Scott Bessent stated that the lender built ties with sanctioned Iranian entities as part of an ongoing pressure campaign by the Trump administration. VTB Bank is the third financial institution targeted by the Treasury over the past month in an effort to isolate Iran from the global financial system. The action follows earlier restrictions on Iranian aviation https://www.live-feeds.com/feed/bessent-us-to-sanction-large-bank-on-mondayhttps://www.live-feeds.com/feed/bessent-us-to-sanction-large-bank-on-monday#u67745Mon, 14 Sep 2026 10:30:07 +0000Treasury Secretary Scott Bessent announced that the Trump administration will sanction a large bank on Monday as part of a campaign targeting Iran's financial network. Bessent warned that the pressure will continue until all parties stop dealing with the Iranian regime, though he did not reveal the name or country of the targeted financial institution during his television appearance. This action follows recent US restrictions on Iranian aviation and networks supporting proxies in the Middle East. Meanwhile, Gulf Cooperation Council ministers may meet with Iran in Oman to discuss maritime https://www.live-feeds.com/feed/bessent-us-to-sanction-large-bank-on-mondayhttps://www.live-feeds.com/feed/bessent-us-to-sanction-large-bank-on-monday#u65555Fri, 11 Sep 2026 22:42:26 +0000US Treasury Secretary Scott Bessent announced the Trump administration will sanction a "large bank" on Monday, September 14. This action is part of a broader strategy targeting Iran. Bessent stated the US will maintain this process until all parties stop dealing with the Iranian regime. This move follows recent US sanctions on networks supporting Iranian proxies in the Middle East and new Treasury restrictions on Iranian aviation that extend beyond Tehran.Why it mattersThe US is intensifying economic pressure on Iran to isolate the regime from global financial and transport systems.