After rounds of N. Korea sanctions, US may punish banks, others that help it use dollars

April 9, 2015 8:51 AM

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TOKYO – The last time the United States tried the military option on North Korea, more than a million died, a hostile and unexpectedly resilient adversary emerged and instead of regime change it got three generations of the Kim family. Understandably, there is little appetite in Washington to try that again. But if sending in the Marines is off the table, what's an administration to do?

A bill now making its way through the U.S. Congress — and being watched closely in Pyongyang — is designed to shut off the North, and anyone who deals with it, from the U.S. dollar.

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