00:00U.S. Treasury Secretary Scott Bassan said on Tuesday the United States is likely to announce sanctions on a bank
00:05this week as part of its economic campaign against Iran.
00:09Speaking at an event on the sidelines of the U.S.-hosted group of 20 finance leaders in Asheville, North Carolina,
00:16the Treasury Secretary said the U.S. was also looking at targeting airline leasing companies and other entities that did
00:22business with the Islamic Revolutionary Guard Corps, or IRGC.
00:27But everyone should expect that we know who you are, you know who you are, and we are probably going
00:34to announce a bank sanction this week,
00:36and we will announce one the week after. We are speaking to our allies here who have all come forward,
00:42and we have had a great show of support, whether it's from the EU, the ECB, the U.K., the
00:52UAE, the Bahrainians.
00:54So we have seen great support around the world, and we have zero tolerance. We are going to economically asphyxiate
01:05this regime.
01:06And as President Trump said, the reason the MOU did not work, they were not ready for a deal.
01:12My job is to make sure that they want to have a deal, and they will want to have one.
01:19It's, it's writ large.
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