Bank Melli, Iran’s largest lender, already faces sanctions that severely limit its ability to operate abroad. Every foreign branch must be shut down, Treasury Secretary Scott Bessent said.

© Arash Khamooshi/Polaris for The New York Times

President Trump called on Congress to pass a major cryptocurrency bill that would tilt regulation in the industry’s favor.

© Doug Mills/The New York Times

After promising to learn from its role in a failed “Super League” that fueled fan anger, the Wall Street bank is involved in FIFA’s latest meltdown.

© Hiroko Masuike/The New York Times