Mnuchin Says Sanctions Are a Major Foreign Policy Tool

The transcript discusses the U.S. Treasury's response to North Korea's actions, emphasizing the use of sanctions as a tool to address missile and nuclear testing. The Treasury Department is committed to working with allies to enforce these sanctions. The discussion also touches on the role of sanctions in national security and concerns about potential Russian control over Citgo, a company with significant U.S. infrastructure. The Treasury assures that all transactions will be scrutinized to protect national security.

What is the primary reason for the U.S. Treasury's sanctions against North Korea?

• To stop missile and nuclear testing

• To increase trade with North Korea

• To support North Korean economic growth

• To improve diplomatic relations

How have sanctions evolved as a policy tool since 9/11?

• They have become less important

• They are no longer used by the U.S. government

• They are now used solely for economic purposes

• They have become a crucial tool for national security

Who does the Treasury Department collaborate with regarding sanctions policy?

• Local government officials

• Secretary Tillerson and Secretary Mattis

• Only the President

• International trade organizations

What is the main concern regarding foreign investment in Citgo?

• Russian control over U.S. infrastructure

• Potential increase in oil prices

• Loss of American jobs

• Decrease in Citgo's market value

What is the role of CFIUS in the context of foreign investments?

• To protect national security

• To promote foreign investments

• To regulate stock market activities

• To manage international trade agreements