NKorea sanctions bill seeks to deny country's access to cash
{{#rendered}} {{/rendered}}The House isn't waiting for confirmation of North Korea's hydrogen-bomb test claim before voting on new sanctions.
A sanctions bill specifically seeks to cut off access to the hard currency lawmakers say Pyongyang needs for its weapons programs.
The bill has broad bipartisan support and could be on the House floor as early as Tuesday. It stalled for nearly a year until North Korea announced two days ago that it had conducted a fourth nuclear test — this one a thermonuclear device with huge destructive power.
{{#rendered}} {{/rendered}}The bill's author is House Foreign Affairs Committee Chairman Ed Royce of California. He describes the Obama's administration's North Korea policy as one of "strategic patience" that has failed to curb development of nuclear weapons and long-range missiles to deliver them.