Original Broadcaster Captioning (Enhanced). Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:01CONSTITUTION, THE COURT, AND WHAT IT MEANS TO SERVE ON THE
00:00:04NATION'S HIGHEST COURT. WATCH A MARATHON OF COMPELLING
00:00:07PROGRAMING. ALL THIS WEEK ON
00:00:11C-SPAN. TWO.
00:00:15>> THIS MORNING, ASTRONAUTS FROM NASA AND THE EUROPEAN SPACE AGENCY WILL CONDUCT A SPACEWALK
00:00:19TO COMPLETE THE REPLACEMENT OF AN ANTENNA ON THE INTERNATIONAL
00:00:22SPACE STATION. THAT JOB BEGAN ON
00:00:25AUGUST 18th. WATCH IT LIVE THIS MORNING, STARTING AT 830 EASTERN
00:00:28ON C-SPAN 3 C-SPAN NOW. OUR FREE
00:00:32MOBILE APP AND ONLINE AT C-SPAN
00:00:35.ORG. AN ANNOUNCEMENT NOW FROM
00:00:39TREASURY SECRETARY SCOTT BESSENT ON NEW ECONOMIC PRESSURE THAT
00:00:42THE TRUMP ADMINISTRATION IS PUTTING ON IRAN AMID WAR WITH THAT COUNTRY. HE TALKS ABOUT
00:00:46THAT AND THE ONGOING TRADE WAR WITH CANADA. IT'S JUST UNDER 20
00:00:50MINUTES.
00:01:27>> AT PRESIDENT TRUMP'S DIRECTION, THE UNITED STATES
00:01:29TREASURY HAS BEGUN OPERATION ECONOMIC OUTCAST, AN
00:01:33UNPRECEDENTED CAMPAIGN AGAINST
00:01:36THE ISLAMIC REPUBLIC OF IRAN AND
00:01:39ITS ENABLERS. IN THE SECOND
00:01:41WORLD WAR. D-DAY MARKED THE
00:01:44HISTORIC BEGINNING OF A CAMPAIGN WITH OUR ALLIES TO TARGET AND
00:01:48DRIVE THE ENEMY FROM ITS
00:01:50POSITIONS, INCLUDING THOSE IN
00:01:53THIRD COUNTRIES. TODAY, IN THAT
00:01:56SAME SPIRIT, WE ARE LAUNCHING AN
00:02:00ECONOMIC ONSLAUGHT AGAINST IRAN'S FINANCIAL CONNECTIONS
00:02:03AROUND THE GLOBE, AROUND THE
00:02:06GLOBE. OUR OBJECTIVE IS TO SEVER
00:02:08EVERY ECONOMIC LIFELINE THAT
00:02:11SUSTAINS THIS TYRANNICAL REGIME.
00:02:14UNTIL TEHRAN STANDS ALONE.
00:02:17IRAN'S FANATICS DEVOTE
00:02:19THEMSELVES TO DEATH TO AMERICA
00:02:21AND SEEK NUCLEAR WEAPONS TO DO JUST THAT. THEY HAVE MURDERED
00:02:25AND MAIMED MORE OF OUR CITIZENS
00:02:28AND SERVICE MEMBERS THAN ANY
00:02:31OTHER TERRORIST REGIME ON EARTH,
00:02:33AND THEY HAVE BEEN AT WAR AGAINST AMERICA. THEIR NEIGHBORS
00:02:37IN THE GULF, AND MUCH OF THE
00:02:40WORLD FOR 47 YEARS. PRESIDENT
00:02:45TRUMP HAS TAKEN ACTION THAT HIS PREDECESSORS HAVE LONG DEFERRED, AND UNDER HIS LEADERSHIP,
00:02:48AMERICA IS NO LONGER MANAGING
00:02:51THE IRANIAN THREAT. WE ARE
00:02:55ENDING IT. OUR GREAT ARMED
00:02:56FORCES HAVE LAID THE GROUNDWORK
00:02:59FOR ACHIEVING THE PRESENCE
00:03:02OBJECTIVE OF PREVENTING IRAN FROM EVER OBTAINING NUCLEAR
00:03:06WEAPONS. THEY HAVE SHOWN AMERICA'S RESOLVE TO FINALLY END
00:03:10THIS THREAT, AND THE STRENGTH OF AMERICA'S ECONOMY UNDER
00:03:14PRESIDENT TRUMP ALLOWS US TO WAGE THIS SUSTAINED FINANCIAL
00:03:18OPERATION ALONGSIDE THE MIGHT OF
00:03:19OUR MILITARY. IRAN NOW FACES A
00:03:24VERY CLEAR CHOICE, WITH ONLY TWO
00:03:25PATHS BEFORE THEM. COMPLETE
00:03:29GLOBAL ISOLATION AND A
00:03:30SUBSISTENCE ECONOMY, OR A PATH
00:03:35BACK TO NORMALCY, WITH AN OPPORTUNITY TO REJOIN THE GLOBAL
00:03:37ECONOMY. TODAY, WE ARE LAUNCHING
00:03:42OPERATION ECONOMIC OUTCAST TO FORECLOSE EVERY OTHER OPTION
00:03:45AVAILABLE TO THE IRANIAN REGIME.
00:03:47TREASURY HAS MAPPED EVERY NODE,
00:03:50EVERY FACILITATOR, AND EVERY
00:03:52NETWORK THAT IRAN HAS USED TO
00:03:56SMUGGLE OIL AND EVADE SANCTIONS.
00:03:58BEGINNING TODAY, THE ACTIONS OF TREASURY AND OTHER AGENCIES WILL
00:04:02TIGHTEN THE NOOSE AND BLOCK EVERY POTENTIAL SOURCE OF
00:04:05REVENUE THAT FUNDS THE IRGC AND
00:04:10THE EVIL IRANIAN REGIME. WE ARE ENFORCING A ZERO LEAKAGE
00:04:13APPROACH. THERE WILL BE NO MINIMAL BREATHING SPACE FOR THE
00:04:17REGIME TO REBUILD ITS CAPACITY TO INFLICT TERROR AGAINST
00:04:21AMERICA AND THE WORLD. THE FINAL
00:04:24REFUGE OF THIS REGIME IS THE
00:04:27MISTAKEN CONCLUSION OF NATIONS THAT STILL FINANCE THE IRANIAN
00:04:31THREAT, IN THE HOPES OF EVADING
00:04:32IT. IT IS NO LONGER ACCEPTABLE
00:04:35TO OPERATE IN THE GRAY SPACES OF
00:04:37THIS CONFLICT. COUNTRIES CANNOT
00:04:40CLAIM THEY ARE BLIND TO ENABLING
00:04:42THIS ACTIVITY. IRAN'S ENABLERS
00:04:47PURCHASE, TRANSPORT ITS PETROLEUM. THEY FACILITATE THE FLOW OF ITS FINANCES THROUGH
00:04:51EXCHANGE HOUSES AND FREE TRADE ZONES. THEY WELCOME IRAN'S
00:04:55FLIGHTS AND MAINTAIN REGISTRIES ON ITS BEHALF. THEY TURN A BLIND
00:04:59EYE TO SEABORNE FUEL TRANSFERS
00:05:02AND OVERLAND TRANSITS. THEY
00:05:04CONDONE ILLICIT USE OF THEIR
00:05:07BANKS, ALL THE WHILE CONCEALING
00:05:09THE EXTENT OF THEIR COMPLICITY. THE PRESIDENT IS MAKING PHONE
00:05:13CALLS TO WORLD LEADERS WITH
00:05:16SPECIFIC REQUESTS TO CEASE THEIR
00:05:19INTERACTIONS WITH THE REGIME. WE
00:05:20ARE ALREADY SEEING RESULTS. OVER
00:05:23THE WEEKEND, COMMENTS FROM IRANIAN LEADERSHIP CLEARLY
00:05:27ACKNOWLEDGED THE EFFECT OF THIS
00:05:29CAMPAIGN. AND NATIONS THAT
00:05:31FACILITATE ANY INTERNATIONAL
00:05:34INTERACTIONS WITH THE REGIME
00:05:37SHOULD QUICKLY HEED OUR MESSAGE. THOSE WHO STAND WITH THE UNITED
00:05:40STATES WILL REAP THE REWARDS OF OUR PARTNERSHIP. THOSE WHO
00:05:44TETHER THEMSELVES TO THE IRANIAN
00:05:46REGIME SHOULD EXPECT TO SHARE IN
00:05:49THE ISOLATION OF A WITHERING
00:05:52REGIME. TEAMS FROM TREASURY, STATE, AND THE U.S. MILITARY ARE
00:05:56NOW MEETING WITH THEIR GLOBAL
00:05:58COUNTERPARTS TO TELL THEM THAT
00:06:01THE UNITED STATES EXPECTS
00:06:03ACTION. EVERY COUNTRY HAS A DEFINED TIMELINE TO SHUT DOWN
00:06:06ACTIVITIES. WE HAVE IDENTIFIED.
00:06:08IF THEY DO NOT TAKE ACTION, WE
00:06:11WILL DO SO UNILATERALLY THROUGH
00:06:13TREASURY AUTHORITIES. FOR
00:06:16EXAMPLE, EVERY BRANCH OF BANK
00:06:19MELLI MUST BE SHUTTERED AND
00:06:21DARK. AND LET ME BE CLEAR. ANY
00:06:26ENTITY THAT FACILITATES MONEY LAUNDERING ON BEHALF OF IRAN
00:06:30WILL BE REMOVED FROM THE U.S.
00:06:33DOLLAR SYSTEM. THE CLOCK JUST
00:06:35STARTED TICKING. THE NEW SECTORAL SANCTIONS
00:06:39DETERMINATIONS ISSUED TODAY
00:06:41TARGET FIVE OF IRAN'S MOST VITAL
00:06:44LIFELINES THAT IT EXPLOITS IN
00:06:46OTHER COUNTRIES. DIGITAL ASSETS,
00:06:49TECHNOLOGY, GOLD, AVIATION AND
00:06:52SHIPPING. THESE MEASURES BROADEN
00:06:54SECONDARY SANCTIONS RISK FOR
00:06:58ANYONE FOOLISH ENOUGH TO CONTINUE CONDUCTING BUSINESS
00:07:01WITH THIS REGIME, AND WILL
00:07:04ACCELERATE THE SPEED WITH WHICH
00:07:06WE PURSUE THEM. AS I SPEAK,
00:07:08TREASURY'S OFFICE OF FOREIGN ASSETS CONTROL IS ALSO
00:07:12SANCTIONING OVER 60 ENTITIES,
00:07:15INDIVIDUALS AND VESSELS AROUND THE WORLD THAT ENABLE THE
00:07:19IRANIAN REGIME TO PROCURE
00:07:22ILLICIT NUCLEAR AND MISSILE
00:07:24TECHNOLOGY, CONDUCT CYBER OPERATIONS AND GENERATE OIL
00:07:27REVENUE. THIS IS A SUSTAINED
00:07:30CAMPAIGN TO COLLAPSE EVERY LAST
00:07:33OPTION FOR IRAN. LET THERE BE NO
00:07:36AMBIGUITY AS TO THE POSITION OF THE UNITED STATES AND ECONOMIC
00:07:39ENGAGEMENT OF ANY KIND WITH THIS
00:07:43MURDEROUS REGIME WILL EXPOSE THOSE RESPONSIBLE TO THE FULL
00:07:46REACH OF AMERICAN POWER. FOR
00:07:49DECADES, THIS REGIME HAS DRAWN
00:07:51STRENGTH FROM A CALCULUS THAT
00:07:53REGARDS IRANIAN RETALIATION AS
00:07:58CERTAIN. AND AMERICAN ENFORCEMENT AS NEGOTIABLE. UNDER
00:08:01PRESIDENT TRUMP, THAT ERA IS
00:08:03OVER. TO THE ORDINARY SOLDIERS SUPPORTING THIS REGIME, AS MORE
00:08:07AND MORE OF YOUR PAYCHECKS STOP
00:08:09ARE SUPPOSEDLY JUST DELAYED. ASK
00:08:11WHETHER YOUR COMMANDERS ARE LEADING YOUR COUNTRY TO TRIUMPH
00:08:15OR TO RUIN. AND RECALL THAT THE
00:08:19BERLIN WALL FELL WHEN ORDINARY SOLDIERS DECIDED NOT TO SHOOT AT
00:08:23THEIR OWN PEOPLE. AND TO THOSE WHO ENABLE TEHRAN, DO NOT
00:08:27DISCOUNT THE COST OF TESTING
00:08:30WASHINGTON'S RESOLVE. NO NATION
00:08:33SHOULD EXPECT TO ENJOY THE REWARDS OF OUR SYSTEM WHILE
00:08:36HELPING THOSE WHO SEEK TO
00:08:38DESTROY IT. IT IS NOW A TIME FOR
00:08:42WORLD LEADERS TO MAKE A DECISION
00:08:45BETWEEN PROSPERITY AND
00:08:47ISOLATION, PEACE AND TERROR.
00:08:50AMERICA AND IRAN. THE CAMPAIGN
00:08:52WE BEGIN TODAY WILL GATHER FORCE
00:08:55WITH EVERY DAY THAT FOLLOWS, AND
00:08:57IT WILL NOT END UNTIL THIS
00:08:59REGIME STANDS ALONE. WITH THAT,
00:09:05I WELCOME YOUR QUESTIONS.
00:09:14DAVID FROM REUTERS.
00:09:16>> HI. THANKS, SECRETARY. ONE OF THE MOST POWERFUL TOOLS YOU HAVE
00:09:19AT YOUR DISPOSAL IS THE ABILITY
00:09:22TO IMPOSE SECONDARY SANCTIONS ON, ON BANKS AND FINANCIAL
00:09:26INSTITUTIONS THAT FACILITATE
00:09:28TRANSACTIONS FOR IRAN. UM,
00:09:32CHINESE BANKS HAVE OFTEN BEEN TALKED, TALKED ABOUT BEING
00:09:35TARGETED, BUT WE DON'T SEE ANY, ANY OF THOSE INSTITUTIONS
00:09:39TARGETED HERE. IS THAT SOMETHING
00:09:42THAT IS COMING IN THIS CAMPAIGN
00:09:44OR IS, IS THE VERY DELICATE
00:09:48TRADE TRUCE WITH CHINA SOMETHING THAT THAT COULD PROHIBIT YOU FROM, YOU KNOW, GOING THAT FAR
00:09:52AND TAKING THAT VERY BIG STEP.
00:09:55>> WE WANT TO MAKE CLEAR TO HERE
00:09:57TODAY THAT NO ONE IS ABOVE THE
00:09:59REACH OF U.S. SANCTIONS, THAT IF
00:10:04THEY FACILITATE TRANSACTIONS AND
00:10:06ARE PART OF THE ECOSYSTEM, THAT
00:10:09TURNS IRANIAN OIL INTO MONEY,
00:10:12INTO REPRESSION, THEY WILL BE
00:10:15TARGETED. WE FIND THAT THE BEST
00:10:19WAY TO ENGAGE WITH COUNTRIES IS
00:10:21THROUGH QUIET DIPLOMACY, AND WE
00:10:24ARE LEVEL SETTING WITH EVERY COUNTRY TO TELL THEM OUR
00:10:28EXPECTATIONS. WE KNOW WHO THEY
00:10:30ARE. THEY KNOW WHO THEY ARE. SO
00:10:33WHEN THE HAMMER OF U.S. TREASURY ACTIONS FALLS UPON THEM, THEY
00:10:37WILL HAVE NO ONE TO BLAME BUT
00:10:42THEMSELVES. SO, RICHARD FROM CBS.
00:10:45>> THANK YOU, SIR. UM, THANK
00:10:48YOU. YOU SAID THE PRESIDENT IS CALLING WORLD LEADERS WITH
00:10:52SPECIFIC ASKS. AND, UM, AND THAT THERE IS A DEFINED TIMELINE. WHO
00:10:56IS HE CALLING AND WHAT ARE THE ASKS? >> WE'RE NOT GOING TO NAME
00:10:59NAMES THAT WE'VE ALREADY SEEN
00:11:01SOME RESULTS. AND THAT I AM
00:11:04CONFIDENT THE PRESIDENT, AS YOU ALL KNOW, IS QUITE PERSUASIVE.
00:11:07AND WE ARE FOLLOWING HIS CALLS
00:11:12UP WITH CALLS FROM VISITS AND CALLS FROM THE STATE DEPARTMENT
00:11:15AND FROM THE U.S. TREASURY,
00:11:16EXPECTING THEM AS ARE TELLING
00:11:20THEM THE LEADERS IN THE
00:11:22COUNTRIES AND THE ENTITIES,
00:11:24EXACTLY WHAT WE EXPECT AND THE TIMELINES. AND I WOULD EXPECT
00:11:28THAT VERY QUICKLY. IF THEY DO
00:11:31NOT RESPOND, THEN YOU WILL SEE THE RAMIFICATIONS OF THEIR ACTIONS.
00:11:35>> CAN YOU CAN YOU SAY HOW FAR THE TIMELINES ARE?
00:11:38>> UH, AGAIN, I'M NOT GOING TO
00:11:41SET TIMELINES, BUT WE DO NOT
00:11:43HAVE INFINITE PATIENCE HERE.
00:11:46OKAY. UH, JENNIFER
00:11:54>> THANK YOU SO MUCH, MR. SECRETARY. JENNIFER SCHONBERGER WITH YAHOO FINANCE. YOU JUST
00:11:57SAID MOMENTS AGO THAT NO ONE IS ABOVE U.S. SANCTIONS. WHAT
00:12:01SPECIFIC SECONDARY SANCTIONS OR PENALTIES IS TREASURY PREPARED
00:12:05TO LEVY AGAINST CHINESE BANKS
00:12:07AND SHIPPING FIRMS IF THEY DO NOT COMPLY? AND THEN, SECONDLY,
00:12:11AS YOU LOOK TO TAKE THESE UNPRECEDENTED SANCTIONS, YOU'VE
00:12:15ALSO SAID THAT THE IRAN, AS THE IRAN CONFLICT FADES AND OIL
00:12:18PRICES RECEDE, THAT WILL HELP
00:12:21BRING DOWN LONG TERM BOND YIELDS. IN THE MEANTIME, YOU
00:12:24HAVE MENTIONED YOUR TOOLKIT. AND
00:12:25I'M CURIOUS IF YOU ARE LOOKING
00:12:28AT REDUCING AUCTION SIZES FOR LONGER TERM DATED TREASURY DEBT
00:12:31GOING FORWARD, AND WHAT OTHER ACTIONS YOU MAY CONSIDER FROM THAT TOOLKIT. >> THANK YOU. WELL, WHY DON'T WE
00:12:35WORK BACKWARDS? WE ISSUED THE
00:12:39THE QUARTERLY REFUNDING ANNOUNCEMENT TWO AND A HALF
00:12:41WEEKS AGO. UH, WE ARE GOING TO
00:12:44CONTINUE THE WITH OUR REGULAR PROGRAM OF AUCTIONS. SO YOU WILL
00:12:48BE HEARING FROM US AGAIN THE AT
00:12:53THE BEGINNING OF NEXT QUARTER. UH, IN TERMS OF, AS I SAID,
00:12:56EVERY COUNTRY, EVERY ENTITY
00:12:59SHOULD KNOW THAT THEY SHOULD BE
00:13:02PREPARED TO FACE U.S. SANCTIONS.
00:13:04AND THE NO ONE IS ABOVE THIS.
00:13:09UH, WE ARE GOING TO HOLD
00:13:11EVERYONE ACCOUNTABLE. AND THIS
00:13:13IS ASPHYXIA, ECONOMIC
00:13:16ASPHYXIATION OF THIS REGIME.
00:13:18AND, JENNIFER, AS I SAID, NO ONE
00:13:21SHOULD TEST OUR RESOLVE. SO JOSH
00:13:25FROM NEW YORK POST.
00:13:35>> YOU SAID YOU WEREN'T GOING TO NAME NAMES, BUT THERE'S BEEN
00:13:38SOME REPORTS THAT THE UNITED
00:13:40ARAB EMIRATES IS AMONG SOME OF
00:13:43THE FIRST NATIONS TO TAKE
00:13:46SERIOUSLY THESE WORDS FROM THE UNITED STATES, TO CUT OFF ALL
00:13:50BUSINESS INTERACTIONS WITH IRAN.
00:13:52IS UAA LEADING THE WAY IN THIS RESPECT?
00:13:55>> UH, I WOULD THINK THAT THE
00:14:00ACTIONS THAT THEY TOOK LAST WEEK WERE NOT, COINCIDENT, BUT LIKELY
00:14:04CAUSAL. AND I WOULD EXPECT THAT
00:14:05WE WOULD SEE A BROAD ARRAY OF
00:14:10COUNTRIES TAKING SIMILAR ACTIONS AS WE CONTINUE OUR ENGAGEMENT.
00:14:14THE UAE HAVE BEEN VERY GOOD
00:14:17PARTNERS, AND HAVE TAKEN THE
00:14:20BRUNT OF THE IRANIAN ATTACKS IN
00:14:24THE GULF. AND WHAT HAVE WHAT DID THESE COUNTRIES GOTTEN OVER THE
00:14:28YEARS FROM APPEASING IRAN? THEY
00:14:34WERE SUBJECT TO VIOLENT ATTACKS WHILE WE WERE BOMBING IRAN. THEY
00:14:37WERE BOMBING THEM. SO IT SHOWS
00:14:41THAT WITH WITH THIS REGIME,
00:14:44APPEASEMENT DOES NOT WORK. AND
00:14:47ON THE OTHER SIDE, WITH THIS
00:14:49REGIME TRYING TO BUY APPEASEMENT WILL NO LONGER WORK IN THE EYES
00:14:53OF THE UNITED STATES OF AMERICA.
00:14:56AND I WANT TO EMPHASIZE THAT WE
00:14:59ARE SPREADING OUT ACROSS THE
00:15:01WORLD AS WE SPEAK, THAT YOU WILL
00:15:04SEE A WAVE OF SANCTIONS WHEN YOU LEAVE THIS MEETING TODAY, AND
00:15:07YOU SHOULD EXPECT THAT CADENCE
00:15:11TO CONTINUE. AND I WOULD EXPECT THAT YOU WILL SEE A MAJOR
00:15:15ANNOUNCEMENT OF A FINANCIAL INSTITUTION BEING SANCTIONED BY
00:15:19THE END OF THIS WEEK. SO. SAMARA
00:15:27FROM SKY. NO, NO. ARE YOU. NO.
00:15:35I'M LOOKING FOR SAMARA FROM SKY
00:15:39>> AL JAZEERA ENGLISH.
00:15:45>> NO. HI. >> DOES THE UNITED STATES AND
00:15:49PRESIDENT TRUMP STILL WANT CANADA TO BECOME A STATE? HE DID SAY THAT THEY'RE GETTING ALL
00:15:53THE BENEFITS OF BEING A STATE WITHOUT, UM, BEING ONE.
00:15:57>> UH, I THINK HE WOULD LIKE
00:15:58CANADA TO COME TO THE TABLE AND
00:16:02NEGOTIATE IN GOOD FAITH. THEY WERE OFFERED QUITE A GOOD DEAL
00:16:06LAST WEEK. UH, THEY CHOSE TO REJECT IT. UNFORTUNATELY, PRIME
00:16:10MINISTER CARNEY CARNEY ROSE TO
00:16:12POWER ON AN ANTI AMERICAN ANTI-TRUMP PLATFORM. I BELIEVE
00:16:15IT WAS MORE THAN 20 POINTS BEHIND. AND, YOU KNOW, HE SEEMS
00:16:18TO HAVE GONE BACK TO HIS OLD
00:16:21PLAYBOOK. AND I THINK ONE HAS TO
00:16:23ASK ONESELF, IS HE TRYING TO
00:16:25BENEFIT HIMSELF? THE LIBERAL PARTY OR THE CANADIAN PEOPLE
00:16:29BECAUSE THEY WERE OFFERED A VERY
00:16:31GOOD JOB. SO, UM THANK YOU TO
00:16:37SECRETARY BESSENT. >> IF I COULD SHIFT TO BOND
00:16:40YIELDS QUICKLY, WE SAW THEM TICK DOWN TODAY AFTER SOME TURBULENCE
00:16:43AND GOING UP LAST WEEK. CAN YOU TELL US IF THERE'S ANY
00:16:46POSSIBILITY THAT THERE WILL BE MORE BOND BUYBACKS ANYTIME SOON?
00:16:50>> UH, AGAIN, WE HAVEN'T BOUGHT
00:16:52A SINGLE BOND YET. THE, THE
00:16:54NEXT, UH, THE NEXT TIME WE HAVE
00:16:58AN OPERATION IS SEPTEMBER 9th.
00:17:02SO WE WILL SEE ON SEPTEMBER 9th.
00:17:04ALL RIGHT. UH, ONE MORE. UM,
00:17:09LET'S YOU IN THE FRONT
00:17:13>> YOU DESCRIBED THIS AS AN ECONOMIC D-DAY. BUT D-DAY
00:17:17WASN'T A THREAT OF AN INVASION. AND THE U.S. DIDN'T GIVE A
00:17:19TIMELINE TO GERMANY. SO WHY NOT
00:17:25IMPOSE THE SANCTIONS TODAY? >> WELL, WE ARE GIVING EVERYONE
00:17:28THE OPPORTUNITY, THE TO REMEDY BAD BEHAVIOR. WHY WOULD I WANT
00:17:32TO BLOW UP THE GLOBAL FINANCIAL
00:17:35SYSTEM? WE BELIEVE THAT IT IS IMPORTANT TO LEVEL, SET AND GIVE
00:17:38PEOPLE A CURE, PERIOD. BUT THEY SHOULD KNOW THAT THAT WILL MOVE
00:17:42VERY QUICKLY AND THAT WE ARE
00:17:47SERIOUS. SECONDARY SANCTIONS ARE A VERY POWERFUL TOOL, AND WE
00:17:50HERE AT TREASURY. UH, THIS IS JEAN LANG, THE ACTING
00:17:54UNDERSECRETARY FOR TERRORISM, FINANCE. AND IN THE TERRORISM
00:17:58FINANCE DEPARTMENT. AND AT OFAC.
00:17:59THE REASON WE ARE ABLE TO USE
00:18:02SECONDARY SANCTIONS IS BECAUSE WE DO NOT TAKE THEIR USE
00:18:06LIGHTLY. SO WE BELIEVE THAT A
00:18:08WARNING SHOT AND A LEVEL SET OF
00:18:11EXPECTATIONS IS APPROPRIATE. AND IF PEOPLE DO NOT WANT TO MEET
00:18:15OUR EXPECTATIONS, THEN WE EXPECT, AND THEY SHOULD EXPECT
00:18:18THAT THEY SHOULD WILL LEAVE THE
00:18:20DOLLAR SYSTEM. OKAY. THANK
00:18:28>> RUN MILITARILY? IS THIS AN ACKNOWLEDGMENT OF THE WAR CAME
00:18:30TO
00:18:53WON MILITARILY? >> THIS MORNING, ASTRONAUTS FROM NASA AND THE EUROPEAN SPACE
00:18:56AGENCY WILL CONDUCT A SPACEWALK TO COMPLETE THE REPLACEMENT OF AN ANTENNA ON THE INTERNATIONAL
00:19:00SPACE STATION. THAT JOB BEGAN ON
00:19:02AUGUST 18th. WATCH IT LIVE THIS MORNING, STARTING AT 830 EASTERN
00:19:06ON C-SPAN 3 C-SPAN NOW. OUR FREE
00:19:10MOBILE APP AND ONLINE AT
00:19:18C-SPAN .ORG. >> WATCH AMERICA'S BOOK CLUB C-SPAN'S BOLD ORIGINAL SERIES
00:19:21SUNDAY WITH OUR GUEST AWARD WINNING GLOBAL NUMBER ONE BEST
00:19:24SELLING AUTHOR, DAVID BALDACCI.
00:19:26HIS THRILLERS HAVE SOLD OVER 200
00:19:28MILLION COPIES WORLDWIDE. PUBLISHED IN OVER 45 LANGUAGES
00:19:32IN MORE THAN 80 COUNTRIES. DAVID, ALONG WITH HIS WIFE
00:19:36MICHELLE, ARE ALSO THE CO-FOUNDERS OF THE WISH YOU WELL FOUNDATION, A NONPROFIT
00:19:40ORGANIZATION DEDICATED TO SUPPORTING LITERACY PROGRAMS IN
00:19:44THE UNITED STATES. HE JOINS OUR HOST, RENOWNED AUTHOR AND CIVIC
00:19:47LEADER, DAVID RUBENSTEIN.
00:19:49>> SO WHEN YOU ARE WRITING, UM,
00:19:53DO YOU EVER SAY TO YOURSELF, UH, YOU EVER DAYDREAM, YOU EVER LOSE
00:19:57YOUR TRAIN OF THOUGHT? YOU'RE, YOU'RE THINKING ABOUT IT, OR YOU JUST TUNNEL VISIONED ON WHAT
00:20:01YOU'RE WRITING? >> I DO BOTH AT THE SAME TIME. I TUNNEL VISION, I LET MY
00:20:05IMAGINATION RUN, YOU KNOW, BECAUSE I FOUND THAT WHEN I
00:20:08TRIED TO KEEP MY IMAGINATION IN CHECK, I MISS OPPORTUNITIES. AND
00:20:11I DON'T WANT TO MISS OPPORTUNITIES. PEOPLE ASK, WHERE DO I GET MY IDEAS FROM? I GET UP
00:20:15EVERY DAY AND I WALK OUT THE DOOR AND I SEE WHAT'S IN FRONT
00:20:18OF ME. I'M NOT ON MY IPHONE LOOKING AT MY IPHONE. I'M
00:20:22LOOKING AT PEOPLE, AND I'VE GOTTEN IDEAS FOR PLOT POINTS JUST BY WALKING DOWN THE STREET
00:20:26AND SEEING TWO PEOPLE TALKING. AND I'M WONDERING, WHAT ARE
00:20:29THEY TALKING ABOUT? MAYBE I CAN ANSWER THAT MYSELF. OR I SEE A
00:20:33GUY WITH A BOX GET ON A BUS, AND I WONDER WHAT'S IN THE BOX AND
00:20:36WHERE IS THE BUS GOING WITH THE GUY? AND THEN ALL OF A SUDDEN, I
00:20:38HAVE A STORY IDEA. FROM THAT. THE IDEAS ARE ALL AROUND YOU ALL
00:20:42THE TIME. IT'S JUST THAT YOU'RE NOT RECEPTIVE TO SEIZING
00:20:45OPPORTUNITIES. ONCE YOU DO THINK ABOUT SEIZING THOSE OPPORTUNITIES, AND ALL OF A
00:20:49SUDDEN YOU'RE GOING TO HAVE TOO
00:20:50MANY IDEAS, TOO MANY THINGS TO WRITE ABOUT.
00:20:53>> WATCH AMERICA'S BOOK CLUB WITH DAVID BALDACCI SUNDAY AT 6
00:20:56P.M. AND 9 P.M. EASTERN AND
00:20:58PACIFIC. ONLY ON C-SPAN.
00:21:02>> [MUSIC]
00:21:12>> THIS WEEK ON C-SPAN 2, WE'RE BRINGING YOU LIVE TALK RADIO
00:21:15SIMULCASTS, FEATURING VOICES FROM ACROSS AMERICAN POLITICS,
00:21:18AT 9 A.M. EASTERN, MICHAEL SMERCONISH HOSTS THE MICHAEL
00:21:22SMERCONISH PROGRAM, CHALLENGING BOTH SIDES OF THE POLITICAL
00:21:24SPECTRUM. AT NOON, PROGRESSIVE COMMENTATOR THOM HARTMANN HOSTS
00:21:27THE THOM HARTMANN PROGRAM WITH HIS TAKE ON THE DAY'S BIGGEST
00:21:30POLITICAL STORIES. AND THEN, AT THREE, CONSERVATIVE RADIO HOST
00:21:33HOWIE CARR HOSTS THE HOWIE CARR
00:21:37SHOW WITH HIS TAKE ON POLITICS, CULTURE AND THE NEWS OF THE DAY.
00:21:40WATCH LIVE THIS WEEK ON C-SPAN.
00:21:44TWO C-SPAN NOW, OUR FREE MOBILE
00:21:45VIDEO APP, OR ONLINE AT
00:21:49C-SPAN.ORG
00:21:51>> REMARKS NOW FROM UN SECRETARY GENERAL ANTONIO GUTERRES,
00:21:55SPEAKING ON INTERNATIONAL SUPPORT FOR NAVIGATION IN