ASHEVILLE, N.C.: President Donald Trump’s administration plans to impose sanctions on another bank this week as it intensified efforts to economically isolate Iran, US Treasury Secretary Scott Bessent told The Associated Press on Sunday. “This is going to be financial violence if we have to,” Bessent said in the interview.

"Digital assets and gold are how ordinary Iranians protect their savings from inflation."

US plans to sanction another bank this week in effort to clamp down on Iran transactions, Bessent tells AP