ofac and stepped in to say ok we're going to lax certain restrictions the problem with that is that is in the practice obama factor sent mixed signals about what that really means for example during hellbound illustration ofac was continuing to do you know to impose multimillion dollar fines against various foreign banks for doing business with cuba we're talking banks from b.m.p. paribus to associate the general has chris wallace among others are is the situation will be in the power bus was the most serious because all fact long the stretch the justice department actually wanted to impose as much as i believe eight billion dollars against out by not just for transactions involving cuba but transactions involving other countries such as around and syria among others obviously the reason why there's such controversy which cuba is precise because obama's rapprochement policy the esoteric question as to why this is still happening is because a fact fact because it's a pure ocracy takes its time in terms of citizen fines against a given bank so for example two thousand and fourteen when o

lot of spanish speakers around the world who watch our show and i mean put that down and live a so ofac what is it tell me about it is stands for the office of foreign assets control is part of the u.s. treasury department it's department within that branch that it forces to trade embargo matches against cuba but any other country that where the issue is such as north korea and iran sort of thing. all fact at the other day is this government by which tells american companies individuals what they can and cannot do with cuba since this party executive branch it exists. and the pleasure of who the present happens to be whether it's reagan bush obama cetera so i was under obama because he wanted to relax sanctions with cuba and bring things down toward a road of getting ready embargo all together. all fact stepped in to say ok we're going to lax certain restrictions the problem with that is that is in the practice obama has sent mixed signals about what that really means for example during hellbound illustration of fact was continuing to do you know to impose multimillion dollar fines agai

. >> clarify which entities are being sanctioned because the paperwork that ofac sent out also includes dalon global unity shipping, two chinese individuals and does not mention the bank of dandong. >> there are two separate actions. there are the three ofac sanctions as you've pointsed out. >> so we should see a release from which part of treasury? >> you will see, finsen, the loss will be released on the bank. >> did you communicate this in advance to beijing? >> i'm not making any comments on our behind the scenes, how we communicate. >> back to tax reform. you're a mathematical man. what are the chances that we get a 15% corporate tax rate or a 25% corporate tax rate in the final bill? >> let me just comment. tax reform is a pass/fail exercise. okay? and we're going get this passed for a plan that's good for the american public. so we are working closely with the house and the senate, and we're going to get a bill that's passed that's going to be great for this economy, great for americans, putting people back to work. >> how is it possible for reducing the funding source for the he

know ofac -- you may have heard it recently. it's the office that we charge to look at, enforce our sanctions on iran. we're putting new sanctions on iran. they'll be charged with enforcing those as well. sanctions on russia, and new sanctions on russia, they'll be charged with enforcing those. sanctions on north korea, that again falls to ofac. and yet we're going to be telling ofac that now you're going to have to again spend a considerable amount of your time and resources and manpower tracking down people going to cuba to see if they stick to their designated approved itinerary, whatever that might be, whatever we think they ought to be doing there, rather than what they want to be doing there. that just seems foolish to me and a waste of money and time and resources and wrongheaded priorities with regard to other priorities that we have on sanctions. we had situations in previous years that were simply -- they would be laughable if they weren't true. but i think the administration ought to consider that when we have a restr

impresses you this so if i was going to show that to spend the money that way the basic compliant with ofac regulations that legalizes their presence in cuba and also legalizes the spending of u.s. dollars in cuba which is very important because otherwise whoever goes there could eventually get to some problems with the treasury department over the presence there right south of the cuban government is is good with this right there can i. astro is no longer a power and they have kind of come around to thinking that ok we're gonna get more tourists and hair were right you know we're happy with all this and so americans is an entrepreneurial country they have become a tell chains they they look like a big money maker there what's what's what the americans a cousin or company now revisiting the old past the revisiting the sanctions they're trying to go back or. there's talk about it i mean what you have right now is a situation where the cuban government is reaping in the bonanza of obama's riposte if you will we cuba last year cuba tracked its four million tourist which is a record fact countr

. >> there is fincen action against the bank of dandong and three ofac sanctions as you pointed out. >> [inaudible] >> fincen and release on the bank. >> did you talk to beijing? >> i'm not making any comments behind the scenes how we communicate. >> you're a mathematical man. what are the chances we get a 15% corporate tax rate or 25% corporate tax rate in the final bill? >> let me just comment. tax reform is pass-fail exercise, okay? and we're going to get this passed for a plan that is good for the american public. so we're working closely with the house and the senate and we're going to get a bill that passes great for this economy, great for americans, putting people back to work. >> revenue neutral? >> how is it possible for reducing the funding source for health care to lead to lower premiums and expanded coverage? >> again, i'm here primarily to talk about sanctions and tax reform but i will comment again on health care, although it is not my primary area. the health care that has been in place is a bad deal for the american public, okay? that is why a lot of people aren't us

starting with working with treasury in 2012, ofac has been designated ms-13 as a transnational criminal organization. that helps us, that's a powerful tool. that allows us to essentially identify and block -- senator klobuchar: what could we do to help you more? mr. benner: second part is the pathways that exist within the countries from el salvador to the united states. we need to shut those down. we need to put more resources in terms of intelligence analysts in the overseas offices to work with the host country law enforcement, to work with the prosecute ors from department of justice, and be able to share real time information with our partners through the intelligence to intelligence connection. mr. albence. har: mr. albence thank you, senator. mr. ben certificate right. going after the financial structure is important. that i think, as you pointed out earlier, is good. what can you do for us? what we need to do is be able to take the fight to them. that fight would be working with our foreign counterparts in el salvador, guatemala, and honduras. making sure that fight over there i