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[inaudible conversations] we need to declare recess of the committee and members will have five legislative days in which to submit extraneous materials in the record. This hearing is entitled a legislative proposal to impede north koreas access to finance. We now recognize myself for five minutes to give an opening statement. Todays hearing will examine draft legislation that would impose secondary sanctions on foreign banks whose business supports the north korean regime. Whether directly or indirectly. By encompassing both the Economic Activity in north korea, these measures would represent the toughest financial sanctions yet directed at north korea. This means going after coal, petroleum, textiles and minerals as well as north korean laborers abroad. In addition, the bill would incentivize greater by leveraging our vote at the International Financial institut ....
Foreign banks whose business supports the north korean regime. Whether directly or indirectly. By encompassing both the Economic Activity in north korea, these measures would represent the toughest financial sanctions yet directed at north korea. This means going after coal, petroleum, textiles and minerals as well as north korean laborers abroad. In addition, the bill would incentivize greater by leveraging our vote at the International Financial institutions were certain countries with lax enforcement go to seek assistance. This bill puts those countries on notice. This proposed legislation has been informed by the committees ongoing work on north korea, as well as the un panel of experts evaluation of existing sanctions effectiveness. Needless to say, north koreas sixth nuclear test on september 3, coupled with its repeated launching of intermediate and longran ....
Agenda this afternoon. House rules meeting this afternoon on the federal Government Spending measure. Wil in order. The prayer will be offered by our guest chaplain reverend aron mcenrees, Unitarian Universalist church of arlington, arlington, virginia. The chaplain creator god, spirit of light, we come here today with our spirits open to the sun of your loving gaze. We come, humbled by the work entrusted to us, to tend to your children, for we know that we are, all of us, your children, bearers of your divine spark. May we remember this, no matter how thick the stacks of paper on our desks. When we are weary, may we be filled with your generosity of spirit. We will pass it on with interest. When we dont know which way to turn, may we find stillness and listen for the soft voice of wisdom. Help us today to do justice, to serve mercy, and to walk humbly with you a ....