U.S. lawmakers reach agreement on new North Korea sanctionsWASHINGTON (Reuters) - Republican and Democratic U.S. senators on Wednesday said they agreed on a new package of sanctions on North Korea, and that the Senate Banking Committee would act on the legislation next week, while President Donald Trump is on his first trip to Asia since taking office. Among other measures, the “Otto Warmbier Banking Restrictions Involving North Korea Act of 2017,” named after a U.S. student who died after he was imprisoned in North Korea, would strengthen and expand existing sanctions and strengthen Congress’ oversight of North Korea sanctions. It would also impose sanctions on foreign financial institutions, such as Chinese banks found to provide services to any individual targeted for North Korea-related sanctions by the U.S. Congress, a presidential executive order or U.N. Security Council resolution. The new sanctions bill would require Trump, or any other U.S. president, to notify congressional committees of any intention to terminate or suspend the sanctions. It would also require the president to submit regular reports on the system for licensing transactions and regular briefings for Congress by the administration. The international community has been working to come up with a response to North Korea’s nuclear and ballistic missiles programs that does not involve potentially catastrophic military action. Members of the U.S. Congress in particular have called for China, and Chinese banks, to do more to clamp down on Pyongyang. North Korea this year conducted its sixth and most powerful nuclear detonation and has test-fired a volley of missiles, including intercontinental ballistic missiles (ICBMs) that, if perfected, could potentially reach the U.S. mainland. The sanctions bill was agreed upon by Republican Senator Mike Crapo, chairman of the Senate Banking Committee, and Sherrod Brown, its ranking member, along with panel members Pat Toomey, a Republican, and Chris Van Hollen, a Democrat. “The time has come for the U.S. to take the lead to ensure that all nations work together to isolate the Kim regime until it has no choice but to change its dangerous, belligerent behavior,” Crapo said in a statement. politicsNews
lawmakers reach agreement new north korea sanctionswashington reuters republican democratic senators wednesday said agreed new package sanctions north korea senate banking committee would act legislation next week president donald trump first trip asia since taking office among measures otto warbler banking restrictions involving north korea act named student died imprisoned north korea would strengthen expand existing sanctions strengthen congress oversight north korea sanctions it would also impose sanctions foreign financial institutions chinese banks found provide services individual targeted north sanctions congress presidential executive order security council resolution the new sanctions bill would require trump president notify congressional committees intention terminate suspend sanctions it would also require president submit regular reports system licensing transactions regular briefings congress administration the international community working come response north korea nuclear ballistic missiles programs involve potentially catastrophic military action members congress particular called china chinese banks clamp pyongyang north korea year conducted sixth powerful nuclear detonation volley missiles including intercontinental ballistic missiles items perfected could potentially reach mainland the sanctions bill agreed upon republican senator mike crap chairman senate banking committee sherdog brown ranking member along panel members pat boomer republican chris van pollen democrat the time come take lead ensure nations work together isolate kim regime choice change dangerous belligerent behavior crap said statement politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: U.S. lawmakers reach agreement on new North Korea sanctionsWASHINGTON (Reuters) - Republican and Democratic U.S. senators on Wednesday said they agreed on a new package of sanctions on North Korea, and that the Senate Banking Committee would act on the legislation next week, while President Donald Trump is on his first trip to Asia since taking office. Among other measures, the “Otto Warmbier Banking Restrictions Involving North Korea Act of 2017,” named after a U.S. student who died after he was imprisoned in North Korea, would strengthen and expand existing sanctions and strengthen Congress’ oversight of North Korea sanctions. It would also impose sanctions on foreign financial institutions, such as Chinese banks found to provide services to any individual targeted for North Korea-related sanctions by the U.S. Congress, a presidential executive order or U.N. Security Council resolution. The new sanctions bill would require Trump, or any other U.S. president, to notify congressional committees of any intention to terminate or suspend the sanctions. It would also require the president to submit regular reports on the system for licensing transactions and regular briefings for Congress by the administration. The international community has been working to come up with a response to North Korea’s nuclear and ballistic missiles programs that does not involve potentially catastrophic military action. Members of the U.S. Congress in particular have called for China, and Chinese banks, to do more to clamp down on Pyongyang. North Korea this year conducted its sixth and most powerful nuclear detonation and has test-fired a volley of missiles, including intercontinental ballistic missiles (ICBMs) that, if perfected, could potentially reach the U.S. mainland. The sanctions bill was agreed upon by Republican Senator Mike Crapo, chairman of the Senate Banking Committee, and Sherrod Brown, its ranking member, along with panel members Pat Toomey, a Republican, and Chris Van Hollen, a Democrat. “The time has come for the U.S. to take the lead to ensure that all nations work together to isolate the Kim regime until it has no choice but to change its dangerous, belligerent behavior,” Crapo said in a statement. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: lawmakers reach agreement new north korea sanctionswashington reuters republican democratic senators wednesday said agreed new package sanctions north korea senate banking committee would act legislation next week president donald trump first trip asia since taking office among measures otto warbler banking restrictions involving north korea act named student died imprisoned north korea would strengthen expand existing sanctions strengthen congress oversight north korea sanctions it would also impose sanctions foreign financial institutions chinese banks found provide services individual targeted north sanctions congress presidential executive order security council resolution the new sanctions bill would require trump president notify congressional committees intention terminate suspend sanctions it would also require president submit regular reports system licensing transactions regular briefings congress administration the international community working come response north korea nuclear ballistic missiles programs involve potentially catastrophic military action members congress particular called china chinese banks clamp pyongyang north korea year conducted sixth powerful nuclear detonation volley missiles including intercontinental ballistic missiles items perfected could potentially reach mainland the sanctions bill agreed upon republican senator mike crap chairman senate banking committee sherdog brown ranking member along panel members pat boomer republican chris van pollen democrat the time come take lead ensure nations work together isolate kim regime choice change dangerous belligerent behavior crap said statement politicsnews