Brad Sherman

I think you might have been in this room up here when I've urged your predecessors to buy textbooks for elementary school.

If they had included two-star and one-star, it would have been a much longer signature page.

We spend, roughly, 1/5 of 1 percent of our GDP on development aid.

You should urge America to do more and, of course, when the administration urges a one-third cut in our development budget that does not help us.

You create conditions that will hopefully lead to democracy for some of the most unfree in the world.

But when they exercise unfairly acquired economic muscle, an economic muscle acquired through policies that we allow and that Wall Street protects, when they use that economic muscle to snuff out competing voices, then we should be…

That is so reminiscent of the demands of Kaiser Wilhelm who demanded for Germany a place in the sun.

So if there's a crown jewel that supports tens of thousands of jobs in America because we have that technology, Commerce may allow it to be exported?

We've got to change that, of course, so that's why I commend Chairman Royce and Ranking Member Engel for introducing 5054--that's H.R. 5054--to update the statute in this area.

This is not regular order. This is not the rule of law as it is supposed to be carried out.

As others have noticed, we are operating for the last quarter century under an expired dual-use export statute--the Export Administration Act.

We know that this is a good method for terrorists, criminals, and tax evaders.

When you buy a Bitcoin are you financing a new factory? No.

It hurts the U.S. Government in two ways.

They help terrorists and criminals move money around the world.

Cryptocurrencies are a crock. What social benefit do they provide?

Perhaps we will have another hearing after some major terrorist event financed by cryptocurrencies.

We had Obama's fiscal policies, Obama's tax policies, Obamacare, Dodd-Frank, Janet Yellen's monetary policies and her big balance sheet, and we had a great year.

That is why the country elected Donald Trump President.

No one can quibble that we need flexibility, especially when time is of the essence...

If the administration wants to go public and say $2.5 billion from Turkey is not a significant transaction, let them have the guts to do so in public.

Turkey is going to give $2.5 billion to the military complex of Russia, and they are not going to be sanctioned.

I am a cosponsor of H.R. 3776, the Cyber Diplomacy Act. We passed this in the House.

I think we have communicated to the world that is not important.

Law is law. You can't say we are going to violate the law because we have got a better deal.