Political Quotes

“I rise today disturbed by the President's recent decision to consider easing penalties placed on the Chinese telecommunications company ZTE. Looking at ZTE's history of deception and dishonest business practices, it is deeply troubling to see these penalties cast aside so carelessly in pursuit of what appears to be a type of chaotic diplomatic improvisation that has become standard operating procedure with the administration. Let me briefly outline ZTE's past actions in order to refresh everyone's memory on how the company came to face such serious punitive measures. In 2016, the U.S. Department of Commerce concluded an exhaustive investigation, finding that ZTE had knowingly sold products made with American technology to Iran, North Korea, and other countries banned from receiving such technologies. ZTE violated these sanctions and engaged in a deliberate attempt to cover it up. Once ZTE's deception was uncovered, the Obama administration announced imminent implementation of export restrictions that would deprive ZTE of American technology crucial to the manufacturing of its products. The threat of sanctions brought ZTE to agree to settle the matter, and one year later, ZTE signed a settlement, which included more than $1 billion in fines, the creation of audit and compliance requirements to avoid future violations, and a promise to punish those individuals involved in past violations.…”