The idea that we would be giving money to the Burmese Government to help it achieve its objectives... seems absurd.
Brad Sherman
The Public Record
Brad Sherman is an American politician serving as a member of the United States House of Representatives from California's 30th congressional district since 1997. A member of the Democratic Party, Sherman has focused on various issues including financial regulation, foreign policy, and technology. He has been an advocate for consumer protection and has worked on legislation related to economic stability and national security. Throughout his tenure, he has participated in numerous congressional committees and has been involved in significant legislative efforts.
I would hope that you and the Secretary would convince the President that a muscular foreign policy requires a fully staffed State Department.
I hope that you can commit to answering the QFRs for this hearing within 30 days. Can you do that?
We keep banging the table and saying we are going to get this regime to give up all its nuclear weapons.
I want to commend you, Mr. Chairman, for the more realistic objective you have in this bill.
I have been doing this for 20 years. And for 20 years...our policy has been a tremendous success, a success for the political class in Washington.
We need lower interest rates to create the labor shortage necessary to create major increases in wages in our country.
When we are talking about the structure of the Fed, we see a dramatically antidemocratic institution exercising governmental power.
And we are not doing enough to force them to change their behavior, which is to punish North Korea a little bit for being a little bit too flamboyant in their actions but to make sure that the regime can survive.
We have one country that has over $1 billion in Saran wrapped hard currency. And we have another country that, if the Assistant Secretary's work is done well, will need $1 billion in currency and will have quite a number of nuclear weapons…
You think the regime would give up its nuclear program, even if they said, well, we can survive these sanctions, but we care so much about our people that we are going to--we care about our GDP, we might----
It has to be a buy-in from the world community, because this is something that is affecting all of the world community.
I want to know what we did do and what tools you need to move forward so that these sanctions really do work.
For 20 years, we have talked about company sanctions instead of country sanctions.
This regime won't even agree to a freeze of their nuclear program unless you have something relatively, at least halfway, toward regime-threatening sanctions.
We are not doing enough to force them to change their behavior, which is to punish North Korea a little bit
For 20 years, administrations have been coming here and telling me that we don't have to make any concessions to North Korea.
So we have one country that has over $1 billion in Saran wrapped hard currency. And we have another country that, if the Assistant Secretary's work is done well, will need $1 billion in currency and will have quite a number of nuclear…
Soon, North Korea will have more nuclear weapons than they feel is absolutely necessarily to defend themselves from us.
In fact, she has persuaded me to note for the record that FINRA is a self-regulatory organization that was originally created in 1938 by the superbly named Maloney Act.





