I thank the Chair for recognizing me for this Special Order hour. Mr. Speaker, this week in Congress, we have considered in the House Financial Services Committee legislation that will increase and expand the sanctions against the government and the dictators in North Korea. Mr. Speaker, the north Asian region and our allies there are of critical importance to the United States economically. South Korea and Japan are major economic partners of the United States. Both countries represent a major partnership in our security interests in north Asia, and so it is fitting that we continue to work in Congress, along with the Trump administration, to increase the financial sanctions and economic sanctions on the rogue government in North Korea. For our citizens, it is important to trace back the history of U.S. sanctions and the relationship with North Korea. Going back four Presidents--Trump, Obama, Bush 43, and Clinton--we have been dealing with North Korea. President Clinton agreed to a ``freeze'' and ``dismantlement'' of the North Korean nuclear program, Mr. Speaker; and as a result, the North Koreans agreed to inspections, and the United States, along with its allies, agreed to $4 billion in payments to the regime. That was in 1994, Mr. Speaker. We don't have much to show for that effort. In January, in the State of the Union, 2002, President Bush 43 described North Korea as part of the axis of evil, including Iraq and Iran.…
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