i think what's interesting about the u.s., it tendses to be very sek toral. you have communications regulation, you have different types of financial regulators at the federal level as well as at the state level, you have a lot of sek toral regulation, it's quite siloed. i think what's interesting, you see a melding of that. a little bit more of a flexible approach. particularly, as technology -- here i think we could learn, that's one of the lessons i think we can learn. the second is, as diego mentioned, interesting area of overlap between generating digital identification and account opening, which india has done really well. particularly for simple basic accounts, that is something we could learn from other places. finally, i think what a lot of the experiences have shown is that there is a market for people who are doing very small frequent transactions. i think we need here in the u.s., we need to revisit how it is we encourage innovation around that, and how it is we regulate around that. small but frequent transactions. >> i'm not an expert in the uni

. >> reporter: you heard from sek mnuchin one of the steps united states is considering and president trump echoed the same call in a tweet a couple hours ago saying the united states is considering in addition to other options stopping all trade with any country doing business with north korea. well, interesting about that, fred, is that china is responsible, trade with china is responsible for some 90% of north korea's trade. so that's sending a signal to china, which is, the u.s.' largest trading partner, among them, at least, that the u.s. could consider an option like that is pretty extreme but something the white house is said to be considering and bottom line no good options here. diplomacy so far hasn't worked, it hasn't halted north korea's nuclear ambitions or progress towards its ambitions and this is why this is such an intractable problem that the international community has yet to be able to solve. >> athena jones at the white house. thanks so much. >>> now to the korean peninsula, paula an cox johancocks from seh korea. what's the mood there? >> reporter: fredricka, it'

arguably as for the one before, understanding what makes kim jong ill fsk he already long deterred sek pb the missiles that would take out sole. sfchlt that that's what he's rushing toward. president trump has tried toing isle pa is spm the issue that i never. >> what is the. ff on the road. would the chinese cutting off oil exports to north kpree okay, talked about tougher at that and will going to have to face decisions they didn't want to face, like china. >> as we talk about these two leaders and then mattis and till areson and kelly, the only problem is when you talk about the mags ality of the leaders and a will the of this conversation, i honestly did not know which leader you were talking about, l it was trump and the north korean leader. and that's the sort of the elephant in the room, that we are dealing with a president that some might argue is very hungry for war or is hungry to make unhinged decisionsand i'm not sure how much influence our foreign policy leaders have over that ultimately had a decision is made. you remember over a year ago general hayden staying on our sho