04.08.16

Gardner Meets with Lead Treasury Department Official to Enforce U.S. Sanctions

Washington, DC – U.S. Senator Cory Gardner (R-CO) today met with U.S. Department of Treasury Acting Under Secretary for Terrorism and Financial Intelligence Adam Szubin, who is the official primarily responsible for enforcing United States economic sanctions policy.  As Chairman of the Senate Foreign Relations Subcommittee on East Asia, the Pacific, and International Cyber Security Policy, Gardner asked for status of the implementation of his North Korea sanctions legislation, Treasury’s actions to counter Iran’s recent ballistic missile tests and other nefarious activities, and an update on sanctions policy toward Burma as they relate to the political transition in the country.   

“I appreciate the opportunity to meet with Acting Under Secretary Szubin to discuss the important role of U.S. sanctions,” said Gardner. “I encouraged him to fully implement my North Korea Sanctions and Policy Enhancement Act and particularly, to apply sanctions on foreign entities that contribute to North Korea’s illicit activities, which has not occurred to date. Furthermore, I reiterated my staunch opposition to the President’s bad deal with Iran, and my growing concern over the regime’s recent ballistic missiles tests. Iran’s increasing belligerence requires decisive action, and that’s why I urged additional, tough sanctions on the regime, including ensuring that Iran never has access to the U.S. financial system or the use of the U.S. dollar in financial transactions outside of the U.S. Acting Under Secretary Szubin pledged cooperation on all of these issues, and I look forward to continuing an open dialogue with the Treasury Department to fully implement U.S. sanctions policy.”

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Cory Gardner is a member of the U.S. Senate serving Colorado. He sits on the Energy & Natural Resources Committee, the Foreign Relations Committee, the Commerce, Science, & Transportation Committee, and the Small Business & Entrepreneurship Committee, and is the Chairman of the Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy. 

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