when oil and gas prices went up dramatically and filled up the state treasury i sent a large share of that revenue back to where it belongs, directly to the people of alaska. (applause) and despite fierce competition from oil company lobbyists who kind of liked the way things were they broke their monopoly on power and resources, as governor i insisted on competition and basic fairness to end the control on our state and return it to the people. (applause) i thought to bring about the largest private sector infrastructure project in north american history, and wouldn't that deal was struck we began and nearly 40 billion dollar gas pipeline to help lead america to energy independence. that pipeline, when the less suction is lead and the votes are opened will lead america one step further away from dependence on dangerous foreign powers that don't have our interests at heart. the stakes for our nation could not be higher, when hurricane strikes in the gulf of mexico this country should not be so dependent on imported oil that were forced to drop from our strategic petroleum reserve, and

security review and providing proper economic benefits to the united states included the united states treasuryto be a deal had appeared hold after the u.s. president vowed on friday to ban the platform out right. on sunday, the u.s. treasury secretary said the video site wowould need to o be eitheher bd or sold by the chininese parent firmrm. >> t tiktok cannot stay in the current format because it risks sending back information on 100 million americans. andoke with senator scott ond rubio, -- senators cottko and rubio, there has to be a change. >> the white house accususes thm of spreading c chinese intelligence interests. was banned entirely, google andnd apple could be ford to remove it from the various offerings, e effectitively puttg his future in doubt. in the meantime, it is still up and running across the u.s. >> a fire e in souththern califa hahas resulted i in the e evacun .f nearly 8000 residents nearly 3000 firefighters are battling the blaze. the fire that broke out in the city of san bernardino has burned over 20,000 acres but only destroyed one home. havely, nasa astronauts retu

state institutions people say are run by corrupt politicians who they blame for draining the state's treasury they say they want the state and a competent government currently levanon since the 2 sions are controlled by political parties and there is a parallel state run by the iranian backed hezbollah the prime minister has sandy who took office earlier this year is now offering a way out of the crisis conclusion as making ability when you know we we cannot face these problems unless we have a really elections to elect a new politicians and a new parliament we need a new political elite and a new parliament we need to work together to overcome the stiff aperient we know and i know the people have questions about the catastrophe and how the government plans to handle it the catastrophe is way bigger than anyone could imagine the impact my stay forever. over early elections have been one of the oppositions demands but there are concerns the sectarian based political system and electoral law won't give independent candidates a chance. to early elections as good as a good step but i'm afraid tha

so the united states treasury would have to benefit also. not just the sellers. and i said, inform -- reporter: how? president trump: very simple. we have all the cards because without us, you can't come into the united states. it's like if you're a landlord and you have a tenant. the tenant's business needs a rent. it needs a lease. so what i said to them is, whatever the price is, a very big proportion of that price would have to go to the treasury of the united states. and they understood that. and actually, they agreed with me. i think they agreed with me very much. yeah, please. in the back. reporter: thank you, sir. president trump: that deal may or may not happen. we've given them until september 15 or so. we'll see. if we can have it and if they can be great security, meaning the obvious security, microsoft would be a company that would be good in that respect. they're approved in that respect at many levels, including working with the department of defense. they're very high level approvals. it would be good but there are other companies also. reporter: t

the endemic corruption in the ports really costs this country billions of dollars it costs the state treasury billions of dollars a year so they had of general security saying the blast was caused by highly explosive material the lebanese president michel aoun has called for an urgent meeting at the presidential palace of the higher defense council the higher defense council groups the various security agencies levanon they are now in session. the president told the prime minister husain did issued a statement a short while ago declaring a national mourning tomorrow for the victims of this explosion this was the 1st day the country opened after a 5 day lockdown so there were many many people in the streets it was rush hour when the blast occurred and that is why you have so many people who were injured in the explosion not just inside beirut ports but across the capital glass was falling everywhere people were panicking people were on their phones wondering where their family their family were if they were safe if they were not safe and so there's chaos on the street this is a city on edge a

the state and that corruption is also what they report where taxes taxes tax evasion costs the state treasury billions of dollars a year so people are in shock they're still trying to comprehend exactly what happened what shook the capital what the story of their lives what cost the lives of so so many people but anger is also sinking in and it's hard to say whether this so this will revive a protest movement that began in october to call for a new leadership but people were tired that protest movement slowly faded away because people were tired they were trying to survive to make ends meet but it's not just that they were met by a militarized state a state that does not politicians who do not want to let go of power so it is hard to say but from talking to people in the streets this morning the there's a mix. talk of anger. people really don't comprehend how could this have happened could this have happened it couldn't have come at a worse time for a country reeling from its worst economic crisis in decades all right life from beirut now made no doom it is the president of the order of nurse

gas prices went up dramatically and filled up the state treasury, i sent a large share of that revenueere it longs, directly to the people of alaska. it belongs, directly to the people of alaska. [applause] and despite fierce opposition from oil company lobbyists, who kind of like things the way they were, we broke their monopoly on power and resources. as governor, i insisted on competition and basic earnest to end their control of our state and return it to the people. [applause] i fought to bring about the largest private sector infrastructure project in north american history, and when that deal was struck, we began a nearly $40 billion natural gas pipeline to help lead america to energy independence. [applause] >> that pipeline, with the last section is laid, will lead america one step farther away from dependence on dangerous foreign powers that do not have our interests at heart. the stakes for our nation could not be higher. when a hurricane strikes in the gulf of mexico, this country should not be so dependent on imported oil that we are forced to draw from our strategic petro

they refused to do that until they get their trillion dollars for the states. treasuryecretary steven mnuchin on fox news on sunday. i'm jonathan ferro. looking to put the pressure on democrats in washington. the equity markets doing absolutely nothing. it is a snooze of an august monday morning. equity futures up 3%. they are down to one .17 66. -- 1.1766. we said this repeatedly, tom. the markets might be boring this morning, but the politics absolutely is not. tom: absolutely not. news breaking this morning of the sanctions. 11 americans sanctioned in china. fromlabor is with us eurasia group. john and the rest of the team. i want to go to the stunning azarry of mr. a's are -- with the taiwanese flag behind him. radio,f you on bloomberg it is extraordinary to see any of that on the flags and the symbolism. but just the symbolism after 1979 of the flag that goes well back to the early 20th century. not early 19th-century. the imagery was extraordinary. the administration has been taking pretty aggressive action toward china and i'm sure that hasn't been lost on your v

so the united states treasury would have to benefit also, not just the sellers. >> reporter: how? >> president trump: we have all the cards, without us, you can't come into the united states. it's like a landlord if you have a tenant, the tenant's business needs rent, it needs a lease. what i said to them is whatever the price is, a very big proportion of that price would have to go to the treasury of the united states and they understood that. and actually, they agreed with me very much. so that deal may or may not happen, we've given them until september 15th or so and we'll see. we can have it and they can have great security -- microsoft would be a company that would be good in that respect, they are proven including working with the department of defense, there are high-level approvals but there are other companies also. [reporter questioning] >> president trump: we've had other companies call us and microsoft called me directly. we had other companies call, it sounds like microsoft is along the way of doing something. i don't blame them, it's a great company, overly great com

also said that obviously it is worthless if we don't allow them into the country, so the united states treasury is going to be getting something out of this deal, but what we want is total security, but we have a deadline, so i know microsoft and others are very interested, but that is our deadline and it has to be totally secure. we don't want to have any information going into china with what we've been through. talk about the deal, you mentioned the phase one deal. it is a very deal, interesting situation. you've been hearing the largest order of corn in history, the largest order of soybeans, the largest order of beef, they've done more than they've ever done. so you have to figure that one out. they see my attitude. my attitude toward china is not friendly. into orderse gone that are extremely large. happy, farmers are very but with what they did with respect to the pandemic, the plague that came in from china, it just is a different feeling. incredible deal, but i have a very different feeling. but they are giving the midwest, our farmers, among the largest orders they've ever seen. someb

say they wouldot be economic benefits to the united states, including the united states treasury.ot of head scratching about what that means. it could presumably mean a large tax payment coming out of this. we are all still trying to get to the bottom of how exactly the treasury department would be paid, if microsoft were to buy tiktok. vonnie: would it make the u.s. more secure cybersecurity wise, or otherwise, if microsoft were to own tiktok in the u.s.? nick: there's a lot of question about what exactly the data is that tiktok is taking, what is being funneled to the chinese government, or could be funneled to the chinese government, if it wanted. personal data, things of that nature. the administration has said is you have to look at all of these things in aggregate. there are a lot of chinese companies who are picking up private information of american consumers, funneling them to china. but the administration still has not put forward a compelling case as to exactly how u.s. national security would be at risk from tiktok. when you watch the videos come as i do, because i hav

for tik-tok for 30%, i say the that's okay, but we are letting you operate here so the united states treasury would have to benefit, too. we have all of the cards because without us you can't come into the united states. like if you are a landlord and have a tenant. the landlord's business needs a tenant, a lease. so i said a big proportion of that would have to go to the united states. i said that i think they agreed with me. that may or may not happen. we have given them until september 15th. if they can have the security -- microsoft would be good in that respect, they are approved in many levels, including working with the department of defense -- but there are other companies who would be good also. >> do you have any other companies aside from microsoft? >> we have had other companies call us. microsoft called us directly. i don't know where they are. it sounds like microsoft is along the way of doing something. i don't blame them. it is a great company, but we cannot take the security risk of any of those companies including waeweh. we feel china should have been able to stop the virus

so the united states treasury would have to benefit also, not just the, not just the sellers. i said -- reporter: how? president trump: very simple. we have all the cards because without us you can't come into the united states f you're a landlord, you have a tenant, the tenant's business need as rent, it needs a lease. so what i said to them is, whatever the price is, a very big proportion of that price could have to go to the treasury of united states. they understood that. they agreed with me. they agreed with me very much. please in the back. president trump: so that deal may or may not happen. we given them to september 15th. if we can have it, great security, obvious security. microsoft would be a company good in that respect or improved in that respect at many levels. including working with the department of defense. they're very high level approvals. so it could be good but there are other companies also. yes. reporter: you or any others in the administration besides microsoft to see -- president trump: other companies called us. microsoft called me directly. we've had

so the united states treasury would have to benefit also. not just the sellers. and i said, inform -- very simple. we have all the cards because without us, you can't come into the united states. it's like, if you're a lands lord and you have a ten an. the ten ant's business needs a lease. so what i've said to them, whatever the price is, a very big proportion of. price would have to go to the treasury of the united states. and they understood that. and actually they agreed with me. i think they agreed with me very much. please. >> thank you. >> that deal may or may not happen. we've given them until september 15th. if they can have security, the obvious security, microsoft would be a good company in that respect. they're improved including working the department defense. they're very high level approvals. so it would be good. but there are other companies also. yes. >> you or anyone in the administration reached out to other companies aside from microsoft to see if they're interested -- >> we've had other companies call us. microsoft called me directly. and we've

are negotiating, we also said that worth less if we don't allow them in we said that the united states treasury getting something out of this deal. but we want is total security, we have's deadline of september 15, i know microsoft and others are interested in this. but, that is our deadline. it has toft be proven to be secure. we don't want to have any information going into china with what we've been through, i have to tell you talk about the deal you mentioned. phase one. phase one deal, it is interesting situation. because you have been hearing, largest order of corn in history,he largest order of soybeans and of beef, they have done more than they have ever done. so you will have to figure that one out with where i'm coming from, i could have -- they see myou attitude, toward china is t friendly. but they have gone to orders that are large, large. and our farmers are happy. but with what they did with respect to the pandemic, the plague, they came in from china, it just is a different feeling. it was an incredible deal but i have a different feeling, they are giving the midwest our farmers

state institutions people say are run by corrupt politicians who they blame for draining the state's treasury they say they want the state and a competent government currently lebanon's institutions are controlled by political parties and there is a parallel state run by the iranian backed hezbollah the prime minister has sandip who took office early this year is now offering a way out of the crisis loom conclusion as making ability when you know we we cannot face these problems unless we have a really elections to elect a new politicians and a new parliament we need a new political elite and a new parliament we need to work together to overcome the stiff it will carry it we know and i know the people have questions about the catastrophe and how the government plans to handle it the catastrophe is way bigger than anyone could imagine the impact my stay forever. over. early elections have been one of the opposition's demands but there are concerns the sectarian based political system and electoral law won't give independent candidates a chance. to early a little chill stood as a good step but

we have said it is worthless if we do not allow them into the country, so we said the united states treasurygoing to be adding something out of this deal, something very substantial. we have a deadline of september 15. microsoft and others are interested, but it has to be proven to be totally secure. we don't want to have any information going into china from what we have been through. you mentioned the phase one deal. the phase one deal is a very interesting situation. hearing then largest order of corning history , of soybeans, of beef. they have done more than they have ever done. you are going to have to figure that out. towarde my attitude china, not friendly. but they have gone into orders that are extremely large, extremely large, and our farmers are very happy with what they did with respect to the pandemic , the plague that came in from china. it is a different feeling. it is an incredible deal, but i have a very different feeling. but they are giving our farmers among the largest soybeans they have ever seen. about 40% of what they are selling now is going to china. mebe they are t

the entire silver deposit of the united states treasury had been melted down to get uranium processing parts working. this is huge you know? for some guy to say there is a slight possibility we might actually destroy the planet and all life as we know it, let's not do it, just wasn't real. exactly as when people turn around and say why did truman make the decision to drop the bomb? truman said it was no great decision. it was not a decision, his words, you had to worry about. the reason he said that, which sounds, you know, terribly calloused to us today, is can you imagine a situation in which truman sent in the boys into japan and then turned around to his taxpayers and said, you know, guys, i actually had a bomb which you guys have paid for. it cost $2 billion. but actually i decided not to use it. it could have ended the war and your sons needn't have died? i mean, it is not thinkable. it's not real. that's not how the real world works as we all know today. it doesn't work like that. so it's a rollercoaster. if i answer your question. there is no way these guys can say actually we'

said that obviously it's worthless if we don't allow them into the country so we said the united states treasuryg to be getting some thing out of this deal, something very substantial but what we want is total security and we have a deadline of september 15th. so i know microsoft and others are very interested in it becausbutthat's our deadline ite proven to be totally secure. we don't want to have any information going into china with what we've been through. and i have to tell you, you talked about the deal. you mentioned the phase one deal. the phase one deal, it's very interesting situation because you've been hearing the largest order of corn in history, the largest order of soybeans, the largest order of beef. they've done more than they've ever done so you're going to have to figure that one out. with where i'm coming from, they see my attitude. my attitude toward china is not friendly but they have gone into orders that are extremely large, extremely large and our farmers are very happy but, with what they did with respect to the pandemic. the plague that came in from china. just is a di

that obviously it's worthless if we don't allow them into the country so we said that the united states treasuryng something out of this deal, something very substantial. but what we want is total security. but we have a deadline of september 15th. so i know microsoft and others are very interested in it, but that's our deadline, and it has to be proven to be totally secure. we don't want to have any information going into china with what we've been through, and i have to tell you, you talked about the deal. you mentioned the phase 1 deal. well, the phase 1 deal, it's a very interesting situation because you've been hearing the largest order of corn in history, the largest order of soybeans, the largest order of beef. they've done more than they've ever done. so you're going to have to figure that one out. with where i'm coming from, i could have -- because they see my attitude. my attitude toward china is not friendly, but they have gone into orders that are extremely large, extremely large and our farmers are very happy. but with what they did with respect to the pandemic, the plague that came

the entire deposit of the united states treasury had been melted down to get uranium processing parts working. for some guy to say there is a slight possibility we might destroy the planet and all life as we know it, let's not do it, it was not real. exactly what people say why did truman make this decision? he said it was no great decision. it was not a decision. the reason he said that, which sounds callous today, can you imagine a situation in which truman sent in the boys to japan and then turned around to his taxpayers and said you know, guys, i have a bomb you guys have paid for, but i have decided not to use it, and it could have ended the war and your sons did not have died. it is not real. that is not how the real world works. it is a roller coaster. there is no way these guys can sympathize. we have had second thoughts, not going ahead with it. they were just as worried it would be a dud, and general grove, the large guy that ran the manhattan project, and was a used toic, his aide give chocolate bars in his safe along with top-secret files, he said if this doesn't work, the

. >> i said a significant portion of that price will have could come into the treasury of the united states> this boils down to the trump administration stance toward china. very zero sum, taken a number of hostile actions towards the country, some definitely warranted, tiktok is part of the policy, nothing specific about the app itself. >> reporter: microsoft stating it is committed to acquiring tiktok subject to security review and providing proper economic benefits to the united states, including the treasury. >> they're the only major tech platform without a very successful social network. >> reporter: seems like microsoft gains a lot by owning tiktok. >> microsoft over the last couple of years has wanted to be a business first company. buying tiktok would give them leverage in the consumer market. there's all that valuable data about young people they could use to inform other parts of their product, integrate tiktok into parts of microsoft, they stand to gain a lot here. ironic, given last week there was hearing in congress about antitrust and big tech. >> 3.6 million followers, if it

treasury. level of preparation going into this, the state reserves are being depleted. remember, john, the worst ever week of unemployment insurance was aboutthe history one million a week. day, after st. patrick's that week there were 6 million people claiming benefits. that is a staggering difference. that persisted for a couple of weeks. finally dropped to about 3 million. now it is running about 1.5 million, greater than the historic high ever. the system is paying out benefits. it is doing its function to a large extent. i read it carefully, the president's proposal. i was disappointed to see the president's supplement would not provide any benefits to people with weekly payments under $100. i asked myself why. the unappointed insurance programs serve many people. i have done a lot of work on the relationship between unemployment insurance and public assistance, food stamps. people who get a little bit of unappointed insurance really helps them avoid sliding into poverty. who are low-wage workers or part-time workers and may qualify for a low-level benefit, and may

state institutions people say are run by corrupt politicians who they blame for draining the state's treasury they say they want the state and a competent government currently governance institutions are controlled by political parties and there is a perilous state run by. the iranian backed hezbollah the prime minister has sandy who took office early this year is now offering a way out of the crisis conclusion as making ability when you know we we cannot face these problems unless we have a really elections to elect a new politicians and a new parliament we need a new political elite and a new parliament we need to work together to overcome the stiff aperient we know and i know the people have questions about the catastrophe and how the government plans to handle it the catastrophe is way bigger than anyone could imagine the impact my stay forever. over early elections have been one of the oppositions demands but there are concerns the sectarian based political system and electoral law won't give independent candidates a chance. to every election is stored as a good step but i'm afraid that

the entire silver deposits in the united states treasury had been melted down to get uranium processing plants working. this is huge, you know. for some guy to say, you know, there's a slight possibility that we might destroy the planet and all life as we know it, let's not do it, you know, it wasn't real. when people say, why did truman make this decision to drop the bomb. truman said it was no great decision. it was not a decision that you had to worry about. and the reason why he said that which sounds callus to us today, can you imagine a situation in which truman sent in the boys into japan and then turned around to his taxpayers and said, do you know, guys, i had a bomb which you guys have paid for, it cost $2 billion, but actually, i decided not to use it it could have used it and your sons needn't had died. there's no way these guys can say, actually, we've had second thoughts. we're not going to go ahead with it. they were just as worried it was going to be a dud. and the amazing enormously large tough guy that ran the manhattan project used to keep -- had an aide whose job was

has been demanding reforms that they report because the port generates so much money for the state the treasury it will help deal with the country's debt and yet money is being taken by corrupt officials so those in power are refusing to reform because when you reform they lose their hold over the state they become weak but right now their greatest fear is that the crisis as a result of the humanitarian crisis that resulted from the blast is international is being internationalized ok when more and more countries from abroad intervene they become weaker ok you're talking to a senior we're carrying on listening to your voice but we've slipped away to a feed of pictures that we've got coming from those gallows square that you were talking to us a little earlier in the boat the next 90 seconds or so when you talk about the money we've just had a conversation with elias hank cash formerly an m.p. for the opposition christian party and he was saying to us look we've got 5 sources of money one of them is the i.m.f. in that regard the existing government politicians put themselves in a political candi

how would you work with the state department and treasury to ensure american interests are served through a transparent financial sector in the bahamas? mr. douglass: thank you for the question. realize that they need to really adopt our stricter policies in the banking sector to account for money laundering, etc., and the irregular transfer of moneys that may be endo's bank accounts. -- may be in those bank accounts. i would push for them to adopt our policies. thank you. let me pivot to china. and over utilized phrase. but when appropriate here. is coming toative america's doorstep, in the caribbean basin, but the bahamas have not signed a cooperative agreement with china. chinese controlled firms have undertaken major infrastructure projects, including the container facility in freeport. do you have concerns about chinese investments this close to home? mr. douglass: absolutely. it is a significant concern for the united states security. of the first port entry for the united states. aving the chinese funding port of first entry into the united states that is 60 miles from our border i

security review and providing proper economic benefits to the united states including to the united states treasuryesident taking a direct role and the law allows him to do that, david the committee on foreign investment in the united states does take a stand on whether foreign entities can purchase u.s. assets or do business inside the united states they have been given much more expansive power. the big concern at the organization and the white house is access by the chinese government today a on americans, and with 100 million u.s. customers, tiktok certainly has a lot of data on americans and the question is whether the chinese government could use that for some nefarious purpose. it's been on the up tic of concern. that forces a transaction. >> fascinating sifius comes to mind, and it's the cause of centrality in the disputes between the u.s. and china. i remember qualcomm fighting off a hostile bid from broadcom. sifius came to the rescue and said 5g is a priority. and even though broadcom became a u.s. company, it wasn't enough >> sifius, it's getting much more involved in anything having to