McCaul Statement on Sanctions on Chinese Entities
WASHINGTON, D.C. – Today, Congressman Michael McCaul (TX-10) – Chairman of the Homeland Security Committee and a senior member of the Foreign Affairs Committee – released the below statement following the administration’s announcement of new sanctions on multiple Chinese entities and individuals that act as channels for illicit North Korean financial activity.
Chairman McCaul: “I have continually called for the United States to do more to hold North Korea’s financiers accountable, and today the President took action. With the imposition of these sanctions, the Trump Administration sent a clear message to the world that there will be a price to pay for putting business interests with this belligerent regime ahead of the national security of the U.S. and our allies. However, we cannot stop here. We must remain diligent in holding the international community’s feet to the fire and continue using all diplomatic means necessary to encourage nations with leverage over the Hermit Kingdom to step up - not in the name of U.S. national security, but in the name of global security.