Mr. Speaker, I thank the gentleman for yielding. Mr. Speaker, I rise in strong support of H.R. 3898, the Otto Warmbier North Korea Nuclear Sanctions Act, which our committee, the Financial Services Committee, passed on a unanimous basis. I thank the gentleman from Kentucky (Mr. Barr), who is leading this debate today, for his leadership on our committee and for this bill. I also thank his ranking member, Ms. Moore, the gentlewoman from Wisconsin, for her work on this bipartisan bill as well. I also think that it is a good and proper thing, Mr. Speaker, that this bill is named after Otto Warmbier, a young life that was tragically ended far too soon, who, in his untimely demise, has become an international symbol of the crushing brutality of the North Korean regime. So it is with his memory that this bill is designed. And, simply put, Mr. Speaker, the bill before us today represents the toughest set of financial sanctions ever directed against the nuclear armed North Korean regime, a regime that still represents a clear and present danger to the global community. The sanctions our committee is bringing to the House today target foreign financial institutions that, in some way, are connected to North Korea's economic activity--activity that ultimately allows this rogue regime to both develop and proliferate weapons of mass destruction. Under H.R. 3898, those foreign financial institutions are going to be confronted with a choice.…
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