--- title: "US Plans New Sanctions on Bank to Target Iran Transactions" publication: "MediaBias News" url: "https://mediabias.news/politics/us-plans-new-sanctions-on-bank-to-target-iran-transactions" api: "https://mediabias.news/api/v1/stories/us-plans-new-sanctions-on-bank-to-target-iran-transactions" markdown: "https://mediabias.news/politics/us-plans-new-sanctions-on-bank-to-target-iran-transactions.md" audio: "https://mediabias.news/api/audio/us-plans-new-sanctions-on-bank-to-target-iran-transactions" category: "Politics" area: "Middle East" published: "2026-08-30T22:25:12.813Z" source_reported: "2026-08-30T21:54:02.000Z" updated: "2026-08-30T22:25:12.813Z" trust_score: 42 critic_score: 60 hype_score: 41 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-08-30T22:15:09.241853+00:00" --- # US Plans New Sanctions on Bank to Target Iran Transactions *Treasury Secretary Scott Bessent announced a campaign to pressure countries doing business with Iran.* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 42 of 100, higher is better. Central claim attributed to named body, but relies on anonymous sourcing for some details. - Craft 60 of 100, higher is better. Reports quote affected parties and name specific figures, but lack context on why the story matters. - Hype 41 of 100, lower is better. Headlines promise a strong US stance, but articles reveal a muted international response. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - The Trump administration plans to sanction another bank this week to target Iran transactions, Treasury Secretary Scott Bessent told the Associated Press. - Bessent announced a campaign to pressure countries doing business with Iran to cut financial ties or face US retaliation. - Treasury's initial action involved a proposed rulemaking to sever the Emirati branches of Banque Misr from the US financial system. - Some reports indicate that countries with ties to Tehran have largely ignored the threat, with commercial flights and Iranian bank branches remaining operational. Treasury Secretary Scott Bessent announced on Sunday that the Trump administration plans to sanction an additional bank this week as part of an effort to restrict transactions with Iran. Bessent stated this during an interview with The Associated Press ahead of Group of 20 meetings in Asheville, North Carolina. He indicated that the administration is launching a campaign to compel countries still engaging in business with Iran to sever their financial connections, warning of retaliation if they do not comply. The Treasury Department's first official step in this campaign was a proposed rulemaking to cut the Emirati branches of Banque Misr, an Egyptian bank, from the US financial system. Bessent suggested that the administration was signalling reluctance to penalize major trading partners like China and India, despite discussing potential sanctions against Beijing. He told the AP that "all options are on the table" regarding sanctioning China for its continued purchases but also downplayed this, calling it a "completely false narrative." ## Disagreement on global reaction to sanctions threat Some reports suggest that countries with ties to Tehran have not heeded the US threat. These reports note that commercial flights and Iranian bank branches have continued to operate normally. Other reports indicate that analysts were underwhelmed by the US actions, with countries largely shrugging off the sanctions threat. ## What the coverage left out None of the left-rated digests mention the specific detail that Treasury's first action was a proposed rulemaking to sever the Emirati branches of Banque Misr from the U.S. financial system. The full reports from the left-rated Associated Press and WKMG did include this detail. ## Who covered it Shares of the 14 covering outlets with a published leaning rating: - Left: 50% (7) - Centre: 43% (6) - Right: 7% (1) 2 of 16 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-08-30T22:15:09.241853+00:00. **Coverage watch:** developing. Checked 1 time; 0 checks found a material change. Most recently checked 2026-08-30T22:30:37.276Z. ## How the sides framed it ### Left - Left-rated reports led with Treasury Secretary Scott Bessent's announcement of plans to sanction another bank this week to clamp down on Iran transactions. These reports carried Bessent's statement that the Trump administration plans to impose sanctions and that the campaign aims to push countries doing business with Iran to sever financial ties or face retaliation. The proposed rulemaking concerning the Emirati branches of Banque Misr was also mentioned. Some left-rated digests noted Bessent's comments about potential sanctions on Beijing and his downplaying of reluctance to penalize major trading partners like China and India. ### Centre - Centre-rated reports focused on Treasury Secretary Scott Bessent's announcement that the Trump administration intends to sanction another bank this week to curb Iran transactions. These reports included Bessent's statement about a campaign to push countries doing business with Iran to sever financial ties or face US retaliation. Several centre-rated digests highlighted that countries with ties to Tehran have largely shrugged off the threat, with commercial flights and Iranian bank branches remaining open. Some also mentioned analysts being underwhelmed by the US actions. ### Right - The right-rated report led with the observation that rows to fill tanks with naphtha were growing in Iran, but there was no sign of the country yielding to US sanctions. This report mentioned that uncertainty deepened after US Treasury Secretary Scott Bessent promised to completely isolate the country from the global economy. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - mixed: 1 - high: 8 - unknown: 3 - veryHigh: 4 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [CNBC](https://cnbc.com/2026/08/30/bessent-bank-sanction-iran-transactions.html) — U.S. plans to sanction another bank in effort to clamp down on Iran transactions: Bessent - [The Seattle Times](https://seattletimes.com/business/us-plans-to-sanction-another-bank-in-effort-to-clamp-down-on-iran-transactions-bessent-tells-ap) — US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP - [The Independent](https://independent.co.uk/news/scott-bessent-iran-asheville-trump-b3041903.html) — US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP - [Associated Press News](https://apnews.com/article/bessent-interview-iran-sanctions-bank-68d1bb0817c9f83eaa34e9ec643690fa) — US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP - [WKMG](https://clickorlando.com/business/2026/08/30/us-plans-to-sanction-another-bank-in-effort-to-clamp-down-on-iran-transactions-bessent-tells-ap) — US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP - [The Independent (US)](https://the-independent.com/news/scott-bessent-iran-asheville-trump-b3041903.html) — US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP - [Watauga Democrat](https://wataugademocrat.com/ap/business/us-plans-to-sanction-another-bank-in-effort-to-clamp-down-on-iran-transactions-bessent/article_10d285e8-6679-5dc3-8a5b-f827836ba2c2.html) — US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP - [Ottumwa Courier](https://ottumwacourier.com/news/business/us-plans-to-sanction-another-bank-in-effort-to-clamp-down-on-iran-transactions-bessent/article_71299e67-9bba-567c-99ed-009db17ca1a0.html) — US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP - [WBAL](https://wbal.com/us-plans-to-sanction-another-bank-this-week-in-effort-to-clamp-down-on-iran-transactions-bessent-tells-ap) — US plans to sanction another bank this week in effort to clamp down on - [Fortune](https://fortune.com/2026/08/30/scott-bessent-d-day-iran-sanctions-threat-china-uae-turkey) — World mostly shrugs off Bessent’s 'D-Day' Iran sanctions threat - [negocios.com](https://negocios.com/articulo/mercados/bessent-amenaza-dia-d-iran-nadie-obedece/20260830210659492955.html) — Bessent Threatens Iran with "D Day" and No One Obeys - [BizToc](https://biztoc.com/x/948f9f79afbe3e76) — World mostly shrugs off Bessent’s ‘D-Day’ Iran sanctions threat - [Clarin](https://clarin.com/mundo/filas-cargar-nafta-crecen-iran-senales-cedan-sanciones-estados-unidos_0_nCtNrmdhMi.html) — The Rows to Load Naphtha Grow in Iran, but There Is No Sign that They Give in to U.S. Sanctions - [Hastings Tribune](https://hastingstribune.com/ap/personal_finance/world-mostly-shrugs-off-bessent-s-d-day-iran-sanctions-threat/article_15fd5044-3a45-5440-bdcf-aee969a9cc41.html) — World mostly shrugs off Bessent’s ‘D-Day’ Iran sanctions threat - [Durango Herald](https://durangoherald.com/articles/associated-press/us-plans-to-sanction-another-bank-in-effort-to-clamp-down-on-iran-transactions-bessent-tells-ap) — US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP - [Political Wire](https://politicalwire.com/2026/08/30/world-mostly-shrugs-off-bessents-d-day-iran-sanctions) — World Mostly Shrugs Off Bessent’s ‘D-Day’ Iran Sanctions ## Questions **What is the US planning to do regarding Iran transactions?** Treasury Secretary Scott Bessent announced that the Trump administration plans to sanction another bank this week to clamp down on Iran transactions. He also stated that the US is launching a campaign to push countries doing business with Iran to sever financial ties or face retaliation. **What was the first action taken by the Treasury Department?** The Treasury Department's first official action in this campaign was a proposed rulemaking to sever the Emirati branches of Banque Misr, an Egyptian bank, from access to the U.S. financial system. This action aims to pressure entities involved in Iran transactions. **How have countries like China and India reacted to the US sanctions threat?** Treasury Secretary Scott Bessent indicated a reluctance to penalize major trading partners like China and India, though he stated "all options are on the table" regarding sanctioning Beijing. Some reports suggest that countries with ties to Tehran have largely shrugged off the threat, with commercial flights and Iranian bank branches remaining operational. --- MediaBias News — https://mediabias.news. 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