Bessent says a large bank faces Iran sanctions Monday

US Treasury Secretary Scott Bessent said a large bank will be sanctioned on Monday to honor 9/11. Speaking on Real America's Voice, as CNBC reported on 10 September 2026 and updated 11 September, he said: "We're going to do it on Monday because we want to honor the memory of our fallen citizens on 9/11. But watch this space on Monday."

Bessent did not name the financial institution or the country on air. As of Sunday 13 September the Monday bank is still unnamed. No OFAC designation list for Monday's target is out yet.

For recent context he pointed to the administration's action against Dubai, UAE branches of Egypt's second-largest bank, which he said had given Iranians about $1.8 billion of funds. He also referenced action against the 30th-largest Turkish bank "that had been giving to the Iranians." CNBC notes Treasury on 4 September said it was sanctioning Turkey-based Golden Global Yatirim Bankasi and subsidiaries, and it corrected an earlier version that misstated that bank's ranking.

The broader frame is the Middle East conflict since February. Last month Bessent's Operation Economic Outcast sanctioned almost 60 entities, vessels, and individuals, and expanded secondary sanctions. Finpresso already covered the Golden Global designation and the Outcast airlines package.