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All members will have five legislative days in which to submit materials for inclusion into the records. The hearing is entitled a legislative proposal to impede north koreas access to finance. I recognize myself for five minutes to give an opening statement. Todays hearing will examine legislation that would impose a secondary legislations on foreign banks whose business support north koreas regime. By encompassing virtually all of north koreas economic activity, these measures would represent the top list financial sanctions yet. This means going after coal, petroleum, textiles and minerals....

This hearing is entitled a legislative proposal to impede north koreas i recognize myselfe minutes to give an opening statement. Todays hearing will examine legislation that would impose a secondary legislations on foreign banks whose business support north koreas regime. By encompassing virtually all of north koreas economic activity, these measures would represent the top list financial sanctions yet. This means going after coal, petroleum, textiles and minerals. And north korean laborers abroad. The bill would incentivize greater compliance with u. S. Sanctions by where certain countries wi...

[inaudible conversations] we need to declare recess of the committee and members will have five legislative days in which to submit extraneous materials in the record. This hearing is entitled a legislative proposal to impede north koreas access to finance. We now recognize myself for five minutes to give an opening statement. Todays hearing will examine draft legislation that would impose secondary sanctions on foreign banks whose business supports the north korean regime. Whether directly or indirectly. By encompassing both the Economic Activity in north korea, these measures would represent...

Foreign banks whose business supports the north korean regime. Whether directly or indirectly. By encompassing both the Economic Activity in north korea, these measures would represent the toughest financial sanctions yet directed at north korea. This means going after coal, petroleum, textiles and minerals as well as north korean laborers abroad. In addition, the bill would incentivize greater by leveraging our vote at the International Financial institutions were certain countries with lax enforcement go to seek assistance. This bill puts those countries on notice. This proposed legislation ...