00:00As President Trump brings renewed vigor and focus to this fight,
00:05crushing the threat of terrorism compels all of you to step up and join us
00:10in rooting out financing that sustains it,
00:14from shell companies that are embedded within Europe
00:17to shadow banking networks that lurk across the Middle East
00:21and drug cartels across the Western Hemisphere.
00:25For at their core, sanctions are not acts of aggression.
00:31They are instruments of peace.
00:33Their purpose is not to condemn nations or people to indefinite isolation,
00:39but to create the conditions that can hasten a change in behavior.
00:45Hasten a change in behavior.
00:47So if we are serious about no money for terror,
00:51then there must also be no room for excuses.
00:56For our part, no adversary has felt the force of America's economic statecraft
01:03more ruinously than Iran.
01:06Through economic fury and the maximum pressure campaign
01:10we have restored at the offset of this administration just over one year ago,
01:15the United States has imposed a financial stranglehold
01:19on the world's leading state sponsor of terrorism.
01:22Treasury has deprived the Iranian regime of revenue
01:26for their weapons programs, terrorist proxies, and nuclear ambitions.
01:31We have disrupted tens of billions in the regime's projected oil revenue.
01:37We have taken actions to freeze nearly half a billion
01:40in regime-linked cryptocurrency and disrupted hundreds of billions
01:45in Iran's illicit financial flows.
01:48And we have intensified our crackdown on Tehran's shadow banking networks.
01:54So that means to go to an opportunity to run it
01:54to go into the power, which we will work with from the air.
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