(From Reuters)

The House of Representatives could vote in the coming days on legislation backed by Republican and Democratic lawmakers to broaden U.S. sanctions on North Korea, House leaders said on Thursday, a day after Pyongyang announced it had tested a hydrogen nuclear device.

Republican House Speaker Paul Ryan did not provide a timeline for the vote on the long-delayed legislation but a congressional source said it was expected as soon as Monday.

Nancy Pelosi, the House Democratic leader, told reporters that Republicans, who control the House, were likely to move a bill as early as next week and that Democrats would support it. She said there was strong backing in both parties for the legislation.

The measure would target banks facilitating North Korea’s nuclear program and authorize freezing of U.S. assets of those directly linked to illicit North Korean activities. It would also penalize those involved in business providing North Korea with hard currency. Read more

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