On the recordMay 2, 2017
Mr. Speaker, I thank Ranking Member Engel for yielding me this time. I rise in support of H.R. 1644, the Korean Interdiction and Modernization of Sanctions Act, legislation that would more effectively cut off the Kim regime's access to hard currency and equipment for its ballistic missile and nuclear programs. This legislation updates and expands the range of sanctions available for the United States to use against persons or entities that violate existing U.S. sanction laws and United Nations Security Council resolutions regarding North Korea. The bill also requires the President to report to Congress on foreign countries' compliance with those Security Council resolutions. The United States is determined to preserve the stability in the Asia-Pacific region. Our Nation will uphold its treaty commitments to Japan and South Korea and will defend their security in the face of the North Korean threat. I urge my colleagues to join me and vote in favor of this legislation, which makes clear that the United States will target individuals, companies, and banks that continue to do business with North Korea.





