Paul S. Sarbanes: “Thank you, Mr. Chairman.”

I have a very strong concern about the Administration's approach in trade negotiations on the capital controls issue.

In my view, a Secretary who forges meaningful partnerships to foster peace or reduce global poverty and hunger, promote democratic values, and address emerging threats can set our country on a course to greater security and prosperity.

I thank Senator Mikulski.

This was a decision by the Bank of Japan, the Government, not by private Japanese investors about the strength of the American economy.