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Scott Bessent: “We will press for secondary sanctions if there's a problem.”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Paul Gigot in Conversation with U.S. Treasury Secretary Scott Bessent

Published | Video Starts at 02:28

We are reaching out to banks, including Chinese banks, to, to remind them of that any Iranian goods and the purchases that are of are forbidden and that the dollars would be sanctioned and that We will press for secondary sanctions if there's a problem. So the Gulf countries, UAE and others are done trying to use Iranian assets and accept them. I believe that there's been a real step, function change in their willingness to tolerate their neighbor, which, you know, one understood. (02:28–02:32)

CLAIM

Asserts that the U.S. will impose secondary sanctions if banks do not comply.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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