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    Home»Politics & Opinion»US Politics»U.S. plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
    US Politics

    U.S. plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP

    News DeskBy News DeskAugust 30, 2026No Comments6 Mins Read
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    U.S. plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP
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    ‘
    );
    }

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    ‘ +
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    ‘
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    renderWidgets(scope);

    const manageContainer = document.querySelector(‘[data-author-follow-manage-list]’);
    const managePreferencesContainer = document.querySelector(‘[data-author-follow-manage-preferences]’);
    const hasToken = !!getBearerToken();

    if (!isPianoIdentityReady() && !hasToken) {
    renderWidgets(scope);
    renderManagePreferences(managePreferencesContainer);
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    return;
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    renderManagePreferences(managePreferencesContainer);
    renderManageList(manageContainer);
    return;
    }

    try {
    await loadFollowedAuthors(forceFetch);
    renderWidgets(scope);
    renderManagePreferences(managePreferencesContainer);
    renderManageList(manageContainer);
    } catch (error) {
    console.warn(‘Unable to load followed authors.’, error);
    if (error && error.code === ‘AUTH_REQUIRED’) {
    renderWidgets(scope);
    renderManagePreferences(managePreferencesContainer);
    renderManageList(manageContainer);
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    }

    function startLoginPoll() {
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    const button = widget.querySelector(‘[data-author-follow-button]’);
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    button.addEventListener(‘click’, function () {
    handleWidgetClick(widget, button);
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    root.querySelectorAll(‘[data-author-follow-manage-preferences]’).forEach(function (container) {
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    return;
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    const previousPreferences = {
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    email_fallback_enabled: followDeliveryPreferences.email_fallback_enabled,
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    const payload = {
    push_enabled: !!pushInput.checked,
    email_fallback_enabled: !!emailInput.checked,
    };
    // Drop a stale map if the identity changed before iterating — we
    // don’t want to issue follow updates against the previous user’s
    // authors with the current user’s bearer token.
    discardCacheIfTokenChanged();
    const followedAuthors = Array.from(followedAuthorsMap.values());

    saveStoredFollowDeliveryPreferences(payload);
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    renderManageList(document.querySelector(‘[data-author-follow-manage-list]’));
    } catch (error) {
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    saveStoredFollowDeliveryPreferences(previousPreferences);
    pushInput.checked = previousPreferences.push_enabled;
    emailInput.checked = previousPreferences.email_fallback_enabled;
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    renderWidgets(root);
    bindPianoInitRefresh();
    startPianoReadyPoll();
    refresh(root);
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    });

    window.addEventListener(‘focus’, function () {
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    refresh(document);
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    document.addEventListener(‘visibilitychange’, function () {
    if (!document.hidden && hasFollowWidgets(document)) {
    refresh(document);
    }
    });
    } else {
    window.WTAuthorFollow.init(document);
    }
    })();


    Treasury Secretary Scott Bessent speaks at a news conference, Monday, Aug. 24, 2026, at the Treasury Department in Washington. (AP Photo/Julia Demaree Nikhinson)


    Treasury Secretary Scott Bessent speaks at …

    more >

    By Fatima Hussein

    –

    Associated Press
    –

    Sunday, August 30, 2026


    ASHEVILLE, N.C. — 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 said in the interview. “We are showing people that we know who you are, you know who you are, and this has got to stop.”

    Bessent had recently announced a new campaign to push countries that still do business with the already heavily sanctioned Islamic Republic to sever their financial ties or face retaliation from the United States.

    Copyright © 2026 The Washington Times, LLC.

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