U.S. to Expand Sanctions on N. Korea Finances, Officials Say

The Obama administration will increase pressure on North Korea with additional sanctions against Kim Jong-Un’s regime and its supporters in response to the country’s hacking of Sony Pictures Entertainment computers, officials told members of Congress.

President Barack Obama’s Jan. 2 executive order, which blacklisted 10 North Korean officials and three state organizations, provides “flexibility that we haven’t had before to target the North Korean government, to target North Korean officials and to target those who provide material support to any designated entity,” Daniel Glaser, assistant Treasury secretary for terrorist financing, said Tuesday at a hearing of the House Foreign Affairs Committee.