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

AI Summary

The U.S. has sanctioned a Turkish bank accused of enabling Iran despite President Donald Trump calling the sanctions plan an 'economic D-Day' against Iran. However, few tangible enforcement steps have been taken to fully implement the sanctions.

President Donald Trump hyped the sanctions plan as "economic D-Day" against Iran, but the U.S. has so far taken few steps to implement it.