Treasury Secretary Scott Bessent announced during the Breitbart News “State of the Economy” policy event Tuesday that the Trump administration has imposed sanctions on an Iranian airline and plan to sanction another bank this week.
\n\nWhile speaking with Breitbart News Washington Bureau Chief Matthew Boyle and Breitbart News Finance and Economics Editor John Carney, Bessent said Iran is “panicked over what” the Trump administration is doing.
\n\nBreitbart News Finance and Economics Editor John Carney (left) and Breitbart News Washington Bureau Chief Matthew Boyle (center) interview Treasury Secretary Scott Bessent (right) at the Breitbart News “State of the Economy” policy discussion on Tuesday, September 8, 2026, in Washington, DC. (Matthew Perdie/Breitbart News)
\n\nBessent highlighted how President Donald Trump pushes his administration “to do more and more,” and has “made phone calls with many of the countries that still had lifelines into” the Iranian regime.
\n\n“When you hear people say, well, ‘sanctions don’t work.’ I would say two things: one, there have never been sanctions like this before,” Bessent continued. “Every day we are going to first, two weeks ago we closed a Dubai branch of the second-largest Egyptian bank — $1.8 billion have gone in the past two years to the…
Original source: https://www.breitbart.com/economy/
