Budd Votes To Implement Strong Sanctions On North Korea

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Washington, October 24, 2017 | comments
The United States has a long history of using its economic influence to advance an agenda that liberates the oppressed and promotes freedom for those in the darkest corners of the world, like North Korea,
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Washington, DC -- U.S. Representative Ted Budd (R-NC) voted in favor of the Otto Warmbier North Korea Nuclear Sanctions Act. If signed into law, this legislation would subject the North Korean regime to the toughest sanctions package ever

“The United States has a long history of using its economic influence to advance an agenda that liberates the oppressed and promotes freedom for those in the darkest corners of the world, like North Korea,” said Rep. Budd.  

“This legislation will help to put the brakes on the advancement of the North Korea’s nuclear weapon’s program. For too long, the regime has been able to use allies throughout the global financial system to bypass UN and US sanctions. This bill gives the international community a clear choice that they can conduct business with the United States, or with North Korea.”

H.R. 3898 passed the Financial Services Committee on October 12, 2017 with unanimous bipartisan support (56-0). The legislation strengthens President Trump’s executive orders on North Korea by codifying into law presidential waiver authorities that provide for sanctions relief if North Korea takes meaningful steps to limit its development and proliferation of weapons of mass destruction.
 

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Tags: Congress

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