On Friday, President Trump announced new hard-hitting sanctions against Iran’s national bank.
The sanctions are in response to the Iranian regime’s recent attack on Saudi Arabia and the regime’s continued efforts to destabilize the region.
This type of brazen attack is unacceptable, and the U.S. will continue its maximum pressure campaign against the Iranian regime.
The new sanctions will help cut off financial support for the Iranian regime’s terrorism and ongoing regional aggression.
The sanctions will target the Central Bank of Iran, the National Development Fund of Iran, and Etemad Tejarate Pars Co – a company which has been used to conceal military purchases.
The National Development bank was established to allegedly help the people of Iran, but instead has been used as a slush fund to finance the regime’s campaign of terror.
The Trump Administration continues to impose a maximum pressure campaign – including the historic sanctions - against the largest state sponsor of terror.