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Washington, D.C. – House Foreign Affairs Committee Chairman Ed Royce (R-CA) announced the committee will convene a hearing at 10 a.m. on Wednesday, January 10, entitled “Sanctions and Financial Pressure: Major National Security Tools.”

Chairman Royce on the hearing: “With the leadership of this committee, Congress has used sanctions to marshal America’s economic might against threats to our national security. Last August, we enacted tough new sanctions on three regimes – North Korea, Russia and Iran – that continue to undermine global stability. The House has also passed sanctions cracking down on Hezbollah’s use of drug trafficking and other criminal activities to fund its terror. With this hearing, the committee will review the implementation and enforcement of these efforts by agencies including the Departments of Treasury, State, Commerce, and Justice.”

Hearing: Sanctions and Financial Pressure: Major National Security Tools

10 a.m. on Wednesday, January 10

2172 Rayburn House Office Building

The Honorable Juan C. Zarate
Chairman and Co-Founder
Financial Integrity Network
(Former Assistant Secretary for Terrorist Financing and Financial Crimes, U.S. Department of the Treasury)

Mr. Derek Maltz
Executive Director
Governmental Relations Pen-Link, Ltd.
(Former Special Agent in Charge, Special Operations Division, Drug Enforcement Administration, U.S. Department of Justice)

Mr. Adam Szubin
Distinguished Practitioner-in-Residence
Johns Hopkins University School of Advanced International Studies
(Former Acting Under Secretary for Terrorism and Financial Intelligence, U.S. Department of the Treasury)