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House Passes Broad Sanctions Measure Aimed at North Korea

By Colby Adams

The U.S. House of Representatives on Tuesday forwarded legislation to the Senate targeting North Korea's access to currency and foreign exchange services in response to the country's latest test of a nuclear weapon. The North Korea Sanctions Enforcement Act, which passed the House 418-2 less than a week after North Korean officials claimed for the first time to have detonated a hydrogen bomb, would require the U.S. Treasury Department to determine if the nation qualifies as a jurisdiction of "primary money laundering concern" under Sec. 311 of the Patriot Act. The department previously used the designation against North Korea in...

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