I certainly applaud the CFTC's overarching efforts to bring the futures markets' regulatory regime into the 21st century.

It caused me great alarm.

Well, we have had actions. We have military airfields that have been built.

America stands for the rule of law, and we will continue to stand up for the rule of law.

The South China Sea is one of the most strategically important commercial waterways in the world.

This ruling is important to our national security for several reasons.

China has to make a decision as to whether they are going to adhere to the rule of law and be a world leader with great respect or whether they are going to go their own course.

What kind of power are they going to be? To me, this is their key test and key moment.

Yesterday, an international tribunal issued an important ruling in favor of our allies the Philippines and against the People's Republic of China.

The ruling reinforces the rights of our military to operate freely in the region.

In the long run, the country and the world would be better off if China took this chance to show it can, indeed, be a good global neighbor and leader.

I think we should be a member of the Law of the Sea Treaty. I think it would help the United States.

I believe that this ruling--and how the regional and international community reacts--represents a watershed moment for the region and the world.

They should hire different lawyers if they thought they were going to get different results.

But if you are a country in that region, knowing what they have done there, as far as not only jeopardizing your territorial claims, but also giving a beachhead in the event they decide to be even more aggressive, wouldn't you, if you were…

the effort to turn it into territorial waters that denies international open access of the kind that we have underwritten for decades

They changed the landscape to have Chinese presence on an area that is contested.

I think we should be prepared to take military action on Scarborough Shoal if China should undertake some of the same activities that it has undertaken in Subi Reef and the others. We should draw the line there.