Political Quotes

“Mr. President, as we all know, President Trump is now in China on an important trip, where his top priority is obtaining China's cooperation in confronting North Korea's nuclear weapons program. While we should continue to seek China's cooperation in applying economic and other pressures on North Korea, we also need to send a very clear and strong message to banks in China and throughout the world that there will be a price to pay for lack of cooperation. That is why I am pleased that yesterday, before President Trump arrived in China, the Senate Banking Committee, on a unanimous basis, passed a bill to impose and enforce mandatory sanctions against banks and financial firms in China or anywhere else in the world that help to prop up the regime of Kim Jong Un. The bill is named the Otto Warmbier Banking Restrictions Involving North Korea Act, or the BRINK Act, for short. I introduced this bill with Senator Toomey earlier this year, after North Korea engaged in its threatening and provocative missile launches. I want to thank Senator Toomey for his partnership in developing the BRINK Act. I want to thank Mr. Crapo, chairman of the Banking Committee, and Ranking Member Brown for their leadership in addressing the North Korean threat and working to pass this bill out of the Banking Committee with unanimous support. I want to thank all of the members of the Banking Committee for their bipartisan effort on this matter.…”