Page 14 - Security Rules News Today

We caught them, not anybody else, we caught them doing bad things. shutting them down, were hurting a lot of american companies. what i envision is a very large fine of more than a billion dollars, could be a billion three. i envision new management and new board and very, very strict security rules. i also envision that they will have to buy a big percentage of their parts and equipment from american companies. >> this comes as the senate banking committee voted 23-2 to make it harder for a pre...

Shutting down this massive phone company. so what i envision is a very large fine of more than a billion dollars. could be a billion three. i envision new management, a new board, and very, very strict security rules. and i also envision that they will have to buy a big percentage of their parts and equipment from american companies. okay? thank you all very much. thank you. all right. reporters still shouting questions, but the president wrapping up a lengthy exchange there with president moo...

Tremendous amount of equipment and parts for their telephones. as you know, they are the fourth largest in the world. and they buy them from american companies. so immediately when i looked at it, it was my administration that closed them down. but when i looked at it, i said you know, they could pay a big price without necessarily damaging all of these american companies which they are because you know you are talking about tremendous amounts ever money and jobs to american companies. so i envi...

Shutting down this massive phone company. so what i envision is a very large fine of more than a billion dollars, could be a billion-three. i imagine a new management, new board and very strict security rules and i also envision that they will have to buy a big percentage of their parts and equipment from american companies. >> with me now cnn senior economics analyst steven moore back with us, a former trump economic adviser. and also with me peter barnard. peter, listening to the president tha...

Some ideas to keep them in business. >> i envision a very large find of more than a billion dollars. could be a billion .3. i envision new management, new board, very strict security rules and i envision they have to buy a big percentage of their parts and equipment from american companies. >> treasury secretary steven mnuchin was pummeled with questions about zte on capitol hill today. after conversations with president trump, the senate minority leader came away worrying that the president wil...

The world. they buy them from american companies. so immediately when i looked at it, it was my administration that closed them down. when i looked at it, i said you know, they can pay a big price without necessarily damaging all of these american companies, which they are because you are talking about tremendous amount of money and jobs to american companies so i envision a very large fine. i envision perhaps new management, new board of directors, for tight security rules. but we caught them d...

Large fine of more than $1 billion. it could be $1.3 billion. i envision new management, a new board and very, very strict security rules. and i also envision that they will have to buy a big percentage of their parts and equipment from american companies. okay? thank you all very much. thank you. >> harris: the president touching on a whole host of issues. most of the conversation on the plan summit for june with north korea. both president trump and the leader of north korea. but sitting there...

Roughly 30 minutes. lets go back. wait a minute. lets listen in again. >> tremendous amount of equipment and parts for their telephones. as you know theyre the fourth largest in the world. they buy them from american companies. so immediately when i looked at it, it was my administration that closed them down. but when i looked at it, i said, you know, they can pay a big price without necessarily damaging all of these american companies, which they are, because, you know, youre talking about tre...

Companies. dont -- and i will tell you, dont think that we didnt hear from them by shutting down this massive phone company. so what i envision is a very large fine of more than $1 billion. it could be $1.3 billion. i envision new management, new board and very, very strict security rules. and i also envision that they will have to buy a big percentage of their parts and equipment from american companies, okay. thank you all very much. thank you. thank you. >> all right. were just sort of making...

Yeah. >> it was that bad and so, yes, there is an issue here obviously john kelly took some fire over his handling of the rob porter issue. hes now been taking more internal fire over this decision to change the security clearance question, which has robbed jared kushner of classified clearance and there are discussions about whether hes going to go. look, i think kelly is continuing to try to impose order there, consistent rules. thats why he came out with the new security rules. there are prob...