In the sessionus that we had in november that he was going to try to start the trial on the second charge in september 2020. I was very happy. I said finally, we will see the end of the tunnel. We are talking about 2020. December,me on 26 when we had the pretrial, and prosecutorraid the cannot afford to have two trials at the same time. Too much work. So what did they say . They say i cannot promise the second trial in september. I am not going to commit, but certainly not before 2021. Postpone, postpone, postpone. It is always the prosecutor who prevails. This is number one. Number two is i want to see my wife. My wife. Want to see maybe for a lot of people, it would have been a lot of punishment not to see their wife it would have been not a punishment not to see their wife, but for me it was. They knew i love carol, and she is a pillar for me. Had knew this because they all the correspondence. They had the email. They were not supposed to have the email. They were not supposed to ha
ms. waters: the committee will come to order without objection the chair is thous authorized to declare a recess. i intend to conclude today s hearing at pentagon 1:00. that mines everybody is going to be kept to the exact time that they are allotted. this hearing is entitled annual testimony of the secretary of the treasury on the state of the international financial system. i recognize myself for four minutes. i would like to welcome treasury secretary janet yellen, who is presenting testimony for the first time on the state of the international financial system. this is a very timely hearing given it is the international financial system established by the united states and its allies after world war ii and enabled the west to hit the russian economy with unprecedented response to the brutality of putin s war against ukraine. the most powerful sanctions have blocked russia s largest financial institution from the global financial system. i commend president biden and secre
[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 institutions were certain countries with lax enforcement go to seek assistance. This bill puts those countries on notice. This propo
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 longrange Ballistic Missiles underlines that more must be done. As a result, the legislative draft will be looking at plays out a c
Banking committee as treasury and Justice Department officials testified today on sanctions against russia amid its invasion of ukraine. Live coverage on cspan three. Todays hearing is in hybrid format, witnesses are in person, thank you, both, for being there. I know you have busy schedules, including today, thank you. Members have the option to him here in person or virtually, as you know. Vladimir putins war in ukraine has massacred innocent civilian communities, weaponized food and energy sources, jeopardize the future of a sovereign democracy. His actions threatened global order, drawing a clear distinction between those who stand for democracy and rule of law and the forces of repression and tyranny. There are two things, two things, that putin did not count on, first, the resilience and strength and spirit of the ukrainian people when clear display last week, again, when the Ukrainian Military reached in kharkiv, ukraines second largest city, second, the ability of President Bid