Political Quotes

“I think we have made great progress towards that end in uniting on trying to take a difference course of action. Just recently, we passed updated export controls and CFIUS regulation to try to give more tools to the kit bag. Who is going to execute this? The executive branch. But the legislative branch passed the law, the House, the Senate. We are working to get the final package to agree on language--not just against China, but anybody who would steal our intellectual property, anybody who would take targeted action to harm our economy or put their citizens in a position to do that harm--and also try to strike the balance. Here is the thing. We can have perfect security for America's intellectual property by exporting zero of it, but we can't do that. What we have to do is find a balance that says: We want you to innovate in the United States of America; we want the ideas to continue to originate here; we want the capital to be invested here to create those great ideas; but we do want to have some concern. You mentioned the Clinton administration. One of the first actions Bill Clinton took as President was to move release authority for sensitive information from the Department of Defense into the Department of Commerce. And what happened? Swiftly, Hughes worked with China to be able to help send them launch vehicles off of one rocket.…”