Sarah sanders took additional questions. Mostly focused on the president s tweets about msnbc morning joe host. Good afternoon. I would like to have a treasury secretary, steve nomination up to speak first and take a few questions regarding the recent announcement on sanctions. As always i will be back after to answer your questions. Thank you today, the Trump Administration is continuing efforts against the government of north korea. Despite multiple Un Security Council resolutions imposing international sanctions, the government of north korea continues its nuclear and Ballistic Missile programs. Today, treasurys Financial Crimes Enforcement Network has found the bank of dan dont to be a Foreign National institution a primary laundering concern under section 311 of the usa patriot act. This bank has served as a gateway for north korea to access the u. S. And International Financial systems. Facilitating millions of dollars of transactions for Companies Involved in north Koreas Nuclear and Ballistic Missile programs. The United States will not stand for such action. This will require u. S. Banks to ensure the bank of does not access the u. S. Financial system directly or indirectly through other foreign banks. The section reaffirms the Treasury Departments commitment to ensure that north korea is cut off from the u. S. Financial system. In addition, the department of treasurys office of foreign control has sanctioned two individuals in one entity for their continued support of north koreas activities. While todays actions are directed at chinese individuals and entities, we work for to continue to work closely with the governments of china to stop illicit financing involving north korea. We are in no way targeting china with these actions. Will be meeting with china and other countries at the g20s week to further our efforts to cut off north koreas illicit activities. North koreas provocative, destabilizing and inhumane behavior will not be tolerated. We are committed to targeting north koreas external enablers and maximizing economic pressure on the regime until it ceases its nuclear and Ballistic Missile programs. Without im happy to answer questions. Congress going to introduce the north korea travel ban, do have no comments on it today. I will say that will continue to look at a range of options as we are very serious about them stopping their activity. Can you quantify the financial activity that you are trying to stop today and access direct and indirect at the u. S. Financial market . This is very significant, this is the first bank we have cut off under this. That will continue to work at these actions and rollout sanctions. In this case its millions of dollars but we are committed to cutting off all illegal funds going to north korea. When we put sanctions. This bank will not be able to access the u. S. Financial system either directly or indirectly. Its a very significant action. He may clear this is not punishment against china. Obviously the white house are you satisfied that china will see it that way and with what china is doing currently with north korea . President trump and president she have had very productive conversations about north korea and we appreciate their work and hope they will continue to work with us. Notwithstanding that, were taking these actions to show the seriousness in which we will deal with this. Can you talk more about the link between specific bank and government and north korea . Were trying to get a better question. Im not going to go into the specifics of the but it does involve certain intelligence. We have very specific intelligence and again, well follow the money and cut off the money. I know you did the research, the actual Economic Impact that it had on the North Koreans and how that Economic Impact negatively may cause them a change in their position. As you know the sanctions were very effective in iran and that is what brought iran to the table. We will continue to work with our allies and speak to people at the g20. We are firmly committed to work with other nations to cut off illicit financing. Are you trying to give a heads up in any way about the action youre announcing today and you use the term in your statement, does china have enabler and north korea . Im not going to comment specifically, obviously weve had very productive conversations with them. As i said this is not directed at china, is directed at a bank as well as individuals and entities in china. Whether in china or anyone else we will continue sanctions. Could north korea moved their assets from this bank to another bank in china . If we find other activities will sanction other entities, nobody is offlimits. Last week the president tweet about we greatly appreciate the efforts of president she has he given up. We will continue to work with china and everyone else. The president is committed that will cut the money off to north korea until they behave properly. How much do you think china has moved the needle on north korea . As far as tax reform to say theres roughly dealing with that issue are there any contingency plans in place in case of healthcare doesnt get done and how much of the administration of a seriously considering . Thats a lot of questions. When we work backwards. No decisions have been made. Gary and i will sometime make recommendations to the president but no decisions have been made on that. For tax reform, we are very committed to get tax reforms on the sheer. Its one of the president s Top Priorities for Economic Growth. I think the people of america understand that, that we need Economic Growth and were committed to that. I expect healthcare will get done. Regardless, work committed to get a tax reform done. Let me follow up with you on tax reform if you dont mind. Paul ryan why should the American People believe that things are on track when we see the things with healthcare. Why shouldnt the American People believe it . Of course they should believe it. Chairman hatch has said it, paul ryan has said it. He received a letter for lawmakers my question to you is, have you reconsidered that idea . Do you believe that ideas on the table my understanding the debt ceiling is in october. Does that give Congress Additional time in your mind or would you still like them to act . I havent given specifics in regard to the dropdead day. I said i Hope Congress acts before they leave. Yet we do have contingency plans if they dont. So the market should not be concerned. Again, for the benefit of everybody, the sooner they do it the better for your. As it relates to banks we will continue to take very significant action rolling out additional sanctions on north korea until they stop their behavior. One question on indirect access to the bank, are you aware of other banks providing similar access and one other bank . We have a team of people both in treasury and working with the intelligence agencies. As we see other banks this is something we take very seriously will be talking to this at the g20 is a priority i was. Is this really an indication of how limited the options are in terms of dealing with north korea directly . I cannot fan anyway its limited and our options are quite the contrary. We are committed and will work with everybody and nothing is off the table. Where we see illicit financing we will stop it. There is no message before the g20, so in no way this is a message aimed at china. I specifically said this was not aimed at china this is about north korea and about how serious were taking this, and whether its china or anybody else we will take this serious seriously. The president is committed to cut the money off to until they behave properly. How are you defining success . I think youll know success when you see it. I think everybody will know success, their behavior is unacceptable and it will be very clear, we want them to stop doing tests with the Ballistic Missile programs and others. Its very clear a lot of things that people dont understand your uniquely qualified to explain, the administrators are say there will be 321 billion in savings from the Health Care Bill out there. Wouldnt tha isnt that because benefits are being taken away, isnt this a take away . Not at all. One of the falls of the scoring on the cbo when you look at the number of people is that again, theres a lot of people when given the option will decide not to elect to take the health care because its a bad deal. Does me people are losing healthcare it was a giant tax hike on the economy. Its a another reason why we continue to have sub growth at the last for years and this administration is a hundred focused on creating Economic Growth, creating jobs, creating proper wages same getting the economy back to 3 or higher. Have a couple of finance questions. The push came to show of would you advise for prioritizing debt payments or not . Do you believe the chinese investments let me just make my, i take this very seriously and i can tell you the reviews are very involved in about who is on the other side is very important for National Security in regards to prioritization i believe we should pay our debts on time to questions, you are a participant with madame at the last meeting and he certainly know there is some concern about what the future u. S. Policy is. What is the u. S. Policy toward that end toward involvement in Financial Relief in the euros on . Ive had the pleasure of meeting with christine at least a dozen times. I think the imf plays an Important Role in looking at currency and the imf was very helpful in regards to stabilizing the grease situation and working with europe. Think that couldve been a major problem the summer that wouldve had significant concerns to the markets and the economy. They she was an important part of the negotiations. The second question was how do you feel about maintaining and specifically for the release of degrees,. Let me just, the imf commitment to greece was quite small. Not even sure that greece would necessarily use that. The significance was more of a stamp of approval. No direct cost to the u. S. Or the taxpayer we are supportive of the imf and we will look at our contributions to the imf like we look at all contributions very carefully make sure were spending the taxpayers money properly. Verify which entities are being sanctioned. The paperwork that opec sent out also includes shipping and two chinese individuals and does not mention the bank, is it for total entities . Theres two different actions. Theres a anxious against the bank and then there are the three oh fax sanctions as you pointed out. Again, im not making any comments on the behind the scenes on how we can communica communicate. Your mathematical man, what are the chances that we get fort 15 Corporate Tax rate or 25 Corporate Tax rate in the final bill . Tax reform is a pastoral exercise. Were going to get this passed for a plan thats good for the American Public. We are working closely with the house and senate. Will get a bill thats great for the economy and americans and put people back to work. Will healthcare lead to lower premiums and standard coverage. Again, im here primarily to talk about sanctions and tax reform. I will, to get on healthcare, although not my primary area. The healthcare that has been in place is a bad deal for the American Public, thats why a lot of people are not using it, it was a giant tax hike to the American Economy and premiums have been going up a ton. We are looking at making the system more competitive to people can actually afford it. The airports all over the world have to step up Aviation Security because theres this threat commits a product of a months long discussion that resulted i wondering if you, this is a Security Risk, are you satisfied the Security Risk or the economic risk. For example Certain Airlines or certain airports are cut off if they dont comply. Let me say that i can think of nobody better than general kelly to protect our country in this position. Again, ive had the opportunity to discuss issues with him at the national sku to counsel. Not going to comment specifically but let me make it clear. The safety of the American Public is our utmost concern. We will never, ever put Economic Issues where we risk the lives of the American Public. On tax reform, how are you going to be neutral and is the cbo say that you dont get the growth or revenue what are you going to do . Let me just for say therell be complete transparency when we come out with the plan. Were in the process of listening sessions. We met with hundreds of ceos, think tanks, various groups and i was over at the house twice today talking to people at the house of representatives. We have been at the senate, we are listening. As we develop the penalty and we will have a responsible plant that is paid for. We believe in dynamic scoring it will take that into account. The gdp for the First Quarter came out today during the campaign the president repeatedly promised growth rates between three and 4 . First, how much of that 1. 4 is attributable to the action of this demonstration or inaction . Secondly, when are we going to see three to 4 growth rate the president promised . I think ive been clear about what the projections are for growth and we believe we can get to 3 or higher gdp. We been clear it is not this year or next year, it will take some time to scaling. Our projection over the tenyear time is 2. 9 which is quite conservative. Scaling up to three and staying there which i think about the president and i believe we can do better than 3 . Our projections in the budget are conservatives. To the extent we can get healthcare past and tax reform passed and rollback regulatory issues in both financial and energy and other areas were very comfortable we will hit the growth projections. I will take two more questions than i will turn it over to the superstar over here. The president said before that if china is not going to help with north korea problems the u. S. Will, he is make clear that he does not think china is currently doing enough, where does he stand on the u. S. Taken unilateral actions and if theres deadlines like t20 or deadlines for which the u. S. I think the president has made it very clear that if there are deadlines he is not going to advertise those deadlines. Im not going to make any specific comments as to if he has a deadline or if he has a deadline when it is. That will make no sense. I assure you we will have conversations with her g20 counterparts about this next week. We been having these conversations and will continue to do more. One more question. It doesnt appear that the house and senate will look past sanctions related to russia and i think weve got a straight answer as to whether the president supports the does the present support that . Not only the sanctions on north korea today, we have sanctions on iran already, we will continue to put more sanctions on iran around their Ballistic Missile and other programs. We have you sanctions and other areas so we will continue to use these. Notwithstanding Anything Congress passes i assure you this administration and the Treasury Department will use sanctions to the maximum amount available by law. We dont need congress to put on more, will do more whether they tell us are not. Thank you everyone, its a pleasure to be here. Thank you mr. Secretary. At the top of yesterdays briefing you heard from tom homan and john uber about how important the two immigration bills the house will be voting on today are in the efforts to secure the border and protect our communities. This morning secretary kelly spoke about the law important legislation that is supported by 80 of americans. Yesterday the president heard the tragic stories of the innocent american lives there were ended by a violent individual who should have never been allowed inter country or community. A Star High School athlete from los angeles was killed by a member of the 18th street gang while her mother was serving her second duty in iraq and a classmate. Christie, fortino girl who was raped and murdered by a man who had multiple warrants out for other Crimes Involving kidnapping and rape. Twentyfive years later he was located in native mexico where he fled after murdering christie in 1990. The president heard from federal immigration officials local sheriffs on the front lines to protect innocent american lives. Slow will help empower the federal government the partnership with local authorities to more easily locate and remove the violent individuals and prevent sanctuary cities from receiving benefits from the very agency whose rules they are refreezing to enforce. The president looks were dissing these, since proposals pass in the house today so we can be one step closer to helping fulfill the Campaign Promise to help stop the horrific crimes. Yesterday were disappointed to see that People Living in 14 out of nevadas 18 counties will be left without a single choice in the state obama care exchanges. S