Trump administration to sanction unnamed 'large' bank on Monday, Bessent says

U.S. Treasury says it will sanction a large, unnamed bank next Monday as part of pressure on Iran.
The action was delayed out of respect for 9/11 ceremonies, underscoring the administration’s timing sensitivity.
The move is part of an expanded “Operation Economic Outcast” sanctions campaign — and the White House expects the conflict with Iran to run past the November midterms.