Source: CNBC News Agency
3 weeks ago•
General Medium Importance
U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he 'hopes for' no further bank penalties

U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he 'hopes for' no further bank penalties

The Treasury Department announced sanctions against Turkey's Golden Global Bank, which the U.S. accuses of facilitating funds for Iran. Treasury Secretary Scott Bessent said the Trump administration hopes "no more banks will need to be sanctioned," but added that it depends on the international community.
Source: CNBC
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