Pat Toomey

I do not see a huge amount of that going forward.

The idea is to put in place a clear structure of escalating sanctions that will take place.

I am worried less by a specific bill that is under consideration now than by what I see as a broader trend to try to shift that balance decisively in a way to constrain executive branch discretion.

I think that is a very sensible balance and maintains a lot of discretion for the President, while involving Congress in the decision making.

Is not the only rational decision to discontinue doing business with North Korea?

Is there agreement that such secondary sanctions would impose significant new pressure on the regime?

Now let me go to this question of the adverse impact on the United States if one of these banks were to fail.

I think we all understand and agree on the severity of the threat posed by North Korea.

Senator Van Hollen and I have decided to pursue the BRINK Act legislation that would impose tough secondary sanctions.

The U.N. panel also named several North Korean banks established, managed, or owned by Chinese companies.

Is not it really true that whatever business they are doing with North Korea, while it is absolutely essential to North Korea, it is trivial in scale to their own business?

I think it is widely acknowledged that we have not yet imposed the toughest possible sanctions against North Korea.

Does everybody agree that secondary sanctions on the financial institutions--and I should point out that our legislation would impose them globally.

I think it is irrefutable that the process has been opaque.

This is maddening. It's maddening frustrating because this is beneath the dignity of the president of the United States or at least it should be, and it's a distraction.

Obamacare is failing the American people, delivering high costs, few options, and broken promises.

The individual mandate has not worked and millions of Americans are not buying into the notion of Washington-controlled health care.

Through legislation like the 21st Century Cures Act and recent appropriations bills, Congress has worked to strengthen our Nation's investment in medical research.

The Senate will need to come up with its own health-care reform proposal that includes a fundamental fix to Medicaid.

The President's budget does not cut $1.5 trillion from Medicaid.

It is not working. All of these failures demonstrate the need to move forward with repealing Obamacare.

We have three outstanding nominees that your Committee will be hearing from today, and I am delighted that your Committee is doing so.

I remain deeply concerned that the way this entity was structured has left it completely unaccountable.

I think that is entirely achievable, and it is a very important goal.

One of my criticisms of the SEC in recent years is that it has not done a good job on the capital formation portion of its mission.