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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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    ‘
    );
    }

    function setButtonState(button, state) {
    const hint = button.parentElement && button.parentElement.querySelector(‘[data-author-follow-hint]’);
    const followLabel = button.dataset.followLabel || ‘Follow’;
    const followingLabel = button.dataset.followingLabel || ‘Following’;
    const registerLabel = button.dataset.registerLabel || ‘Register to follow’;
    const loadingLabel = button.dataset.loadingLabel || ‘Saving…’;
    const pendingAuthLabel = button.dataset.pendingAuthLabel || ‘Loading…’;
    button.classList.remove(‘is-following’, ‘is-loading’, ‘is-auth-required’);

    if (state === ‘loading’) {
    button.classList.add(‘is-loading’);
    button.disabled = true;
    button.textContent = loadingLabel;
    if (hint) {
    hint.textContent=”Updating your followed authors…”;
    }
    return;
    }

    if (state === ‘pending-auth’) {
    button.classList.add(‘is-loading’);
    button.disabled = true;
    button.textContent = pendingAuthLabel;
    if (hint) {
    hint.textContent=”Checking your sign-in status…”;
    }
    return;
    }

    button.disabled = false;

    if (state === ‘following’) {
    button.classList.add(‘is-following’);
    button.textContent = followingLabel;
    if (hint) {
    hint.textContent = followingLabel === ‘Unfollow’
    ? ‘Remove this writer from your followed list.’
    : ‘Click again to unfollow.’;
    }
    return;
    }

    if (state === ‘signin’) {
    button.classList.add(‘is-auth-required’);
    button.textContent = registerLabel;
    if (hint) {
    hint.textContent=”Register to follow writers and manage your list.”;
    }
    return;
    }

    button.textContent = followLabel;
    if (hint) {
    hint.textContent=”Click to follow.”;
    }
    }

    function renderWidgets(scope) {
    const root = scope || document;
    root.querySelectorAll(‘[data-author-follow-widget]’).forEach(function (widget) {
    const button = widget.querySelector(‘[data-author-follow-button]’);
    if (!button) {
    return;
    }

    const staffId = widget.dataset.staffId;
    const hasToken = !!getBearerToken();

    if (!isPianoIdentityReady() && !hasToken) {
    setButtonState(button, ‘pending-auth’);
    return;
    }

    if (!hasToken) {
    setButtonState(button, ‘signin’);
    return;
    }

    if (followedAuthorsMap.has(String(staffId))) {
    setButtonState(button, ‘following’);
    } else {
    setButtonState(button, ‘follow’);
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    });
    }

    function renderManageList(container) {
    if (!container) {
    return;
    }

    const hasToken = !!getBearerToken();

    if (!isPianoIdentityReady() && !hasToken) {
    container.innerHTML = (
    ‘

    Checking your account status…

    ‘
    );
    return;
    }

    if (!hasToken) {
    container.innerHTML = (
    ‘

    Sign in to load the authors you follow. ‘ +
    ‘Sign in

    ‘
    );
    return;
    }

    const followedAuthors = Array.from(followedAuthorsMap.values());
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    container.innerHTML = (
    ‘

    You are not following any authors yet. ‘ +
    ‘Use the follow buttons on stories or staff pages to build your list.

    ‘
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    return;
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    container.innerHTML = followedAuthors
    .map(function (author) {
    return (
    ‘

    ‘ +
    ” +
    ‘

    ‘ +
    ‘‘ +
    ‘Remove this writer from your followed list.‘ +
    ‘

    ‘ +
    ‘

    ‘
    );
    })
    .join(”);

    bindEvents(container);
    renderWidgets(container);
    }

    async function refresh(scope, options) {
    const forceFetch = !!(options && options.force);

    if (!hasFollowWidgets(scope)) {
    return;
    }

    // Wipe the cached map BEFORE the first render so a user-switch can’t
    // momentarily display the previous user’s “Following” state.
    discardCacheIfTokenChanged();

    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);
    renderManageList(manageContainer);
    return;
    }

    if (!hasToken) {
    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);
    }
    }
    }

    function startLoginPoll() {
    if (loginPoll) {
    clearInterval(loginPoll);
    }

    let attempts = 0;
    loginPoll = setInterval(function () {
    attempts += 1;
    if (getBearerToken() || isLoggedIn() || attempts > 25) {
    clearInterval(loginPoll);
    loginPoll = null;
    refresh(document, { force: true });
    }
    }, 1000);
    }

    function stopPianoReadyPoll() {
    if (pianoReadyPoll) {
    clearInterval(pianoReadyPoll);
    pianoReadyPoll = null;
    }
    }

    function startPianoReadyPoll() {
    stopPianoReadyPoll();

    let attempts = 0;
    pianoReadyPoll = setInterval(function () {
    attempts += 1;
    if (isPianoIdentityReady() || getBearerToken() || attempts > 40) {
    stopPianoReadyPoll();
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    // dedupes this call. If it lost the race, this call wins.
    refresh(document);
    }
    }, 500);
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    function bindPianoInitRefresh() {
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    }

    pianoInitBound = whenPianoReady(function () {
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    // cancel the fallback poll so it can’t issue a redundant second fetch.
    stopPianoReadyPoll();
    refresh(document, { force: true });
    });
    }

    async function handleWidgetClick(widget, button) {
    const staffId = widget.dataset.staffId;

    if (!getBearerToken()) {
    setButtonState(button, isPianoIdentityReady() ? ‘signin’ : ‘pending-auth’);
    if (typeof window.showPianoRegister === ‘function’) {
    window.showPianoRegister();
    startLoginPoll();
    }
    return;
    }

    // If the identity changed since the cache was last filled, drop the stale
    // map before the follow/unfollow decision below — otherwise the click
    // could issue the wrong action against the previous user’s state.
    discardCacheIfTokenChanged();

    setButtonState(button, ‘loading’);

    try {
    if (followedAuthorsMap.has(String(staffId))) {
    await apiRequest(apiBaseUrl + “https://www.washingtontimes.com/” + staffId, { method: ‘DELETE’ });
    followedAuthorsMap.delete(String(staffId));
    removePushlyFollowedAuthorId(staffId);
    } else {
    const author = await apiRequest(apiBaseUrl + “https://www.washingtontimes.com/” + staffId, {
    method: ‘PUT’,
    body: JSON.stringify({
    push_enabled: followDeliveryPreferences.push_enabled,
    email_fallback_enabled: followDeliveryPreferences.email_fallback_enabled,
    }),
    });
    followedAuthorsMap.set(String(staffId), author);
    appendPushlyFollowedAuthorId(staffId);
    }

    saveStoredFollowDeliveryPreferences(
    deriveFollowDeliveryPreferences(Array.from(followedAuthorsMap.values())),
    );
    syncPushlyFollowedAuthorsProfile();
    renderManagePreferences(document.querySelector(‘[data-author-follow-manage-preferences]’));
    renderWidgets(document);
    renderManageList(document.querySelector(‘[data-author-follow-manage-list]’));
    } catch (error) {
    console.warn(‘Unable to update followed author.’, error);
    if (error && error.code === ‘AUTH_REQUIRED’) {
    setButtonState(button, ‘signin’);
    }
    renderWidgets(document);
    }
    }

    function bindEvents(scope) {
    const root = scope || document;
    root.querySelectorAll(‘[data-author-follow-widget]’).forEach(function (widget) {
    if (widget.dataset.followWidgetBound === ‘true’) {
    return;
    }
    widget.dataset.followWidgetBound = ‘true’;

    const button = widget.querySelector(‘[data-author-follow-button]’);
    if (!button) {
    return;
    }

    button.addEventListener(‘click’, function () {
    handleWidgetClick(widget, button);
    });
    });

    root.querySelectorAll(‘[data-author-follow-manage-preferences]’).forEach(function (container) {
    if (container.dataset.followGlobalPreferencesBound === ‘true’) {
    return;
    }
    container.dataset.followGlobalPreferencesBound = ‘true’;

    async function handlePreferenceChange() {
    const pushInput = container.querySelector(‘[data-author-follow-global-pref=”push”]’);
    const emailInput = container.querySelector(‘[data-author-follow-global-pref=”email”]’);
    if (!pushInput || !emailInput) {
    return;
    }

    const previousPreferences = {
    push_enabled: followDeliveryPreferences.push_enabled,
    email_fallback_enabled: followDeliveryPreferences.email_fallback_enabled,
    };
    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);
    managePreferencesPending = true;
    pushInput.disabled = true;
    emailInput.disabled = true;

    try {
    await Promise.all(
    followedAuthors.map(function (author) {
    return updateFollowPreferences(author.id, payload);
    }),
    );
    renderManagePreferences(container);
    renderWidgets(document);
    renderManageList(document.querySelector(‘[data-author-follow-manage-list]’));
    } catch (error) {
    console.warn(‘Unable to update author follow preferences.’, error);
    saveStoredFollowDeliveryPreferences(previousPreferences);
    pushInput.checked = previousPreferences.push_enabled;
    emailInput.checked = previousPreferences.email_fallback_enabled;
    } finally {
    managePreferencesPending = false;
    pushInput.disabled = false;
    emailInput.disabled = false;
    }
    }

    container.addEventListener(‘change’, function (event) {
    const target = event.target;
    if (!target || !target.matches(‘[data-author-follow-global-pref]’)) {
    return;
    }
    handlePreferenceChange();
    });
    });
    }

    function init(scope) {
    const root = scope || document;
    if (!hasFollowWidgets(root)) {
    return;
    }
    bindEvents(root);
    renderWidgets(root);
    bindPianoInitRefresh();
    startPianoReadyPoll();
    refresh(root);
    }

    window.WTAuthorFollow = {
    init: init,
    refresh: refresh,
    };

    document.addEventListener(‘DOMContentLoaded’, function () {
    init(document);
    });

    window.addEventListener(‘focus’, function () {
    if (hasFollowWidgets(document)) {
    refresh(document);
    }
    });
    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.

    Latest Video

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