Obama will not block North Korea sanctions bill: White House
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/14/2026
- Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries
- Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers
- U.S. consumer prices rise by 3.7% year-on-year in September
- Bank of America stock falls on earnings miss
- Netflix cuts 1,000 jobs as streaming giant seeks to boost engagement
Tweet
Share
E-mail
U.S. President Barack Obama in Washington February 5, 2016. REUTERS/Jonathan Ernst
ABOARD AIR FORCE ONE (Reuters) - The White House said on Friday it will not oppose legislation approved by Congress to expand sanctions against North Korea after it recently conducted a rocket launch and a nuclear test.
"Like many members of Congress, the administration is deeply concerned about North Korea's recent actions and the serious setback that this test represents," White House spokesman Eric Schultz told reporters in a briefing.
"We're philosophically and intellectually in the same place as the Congress on this," Schultz said.
(Reporting by Jeff Mason)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump says he hopes Pope Leo will 'get better fast'
- US floats fees for Spanish ships, caps on olive oil imports over port dispute
- TSMC expected to report sixth straight quarter of record profit thanks to AI boom
Create E-mail Alert Related Categories
ReutersRelated Entities
Barack ObamaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
