Speaker Nancy PelosiNancy Pelosi on the Money: McConnell says she will vote in Senate for Trump-backed coronavirus deal | Pelosi, Munich sees progress, but no progress Trump fights financial record, House lawyers return to court, but on coronavirus relief McConnell says they will vote more on the Trump-backed coronavirus deal in the Senate. (D-California.) There was a commotion on Wednesday President TrumpDonald John Trumpbiden has huge cash advantage over Trump ahead of election day tax records, showing Trump maintains Chinese bank account: NYT Trump plays Biden’s video, Harris talks about freshening up at a Pennsylvania rally More The new report says he has an undisclosed bank account in China, calling it a serious “national security issue” because the Beijing government is heavily involved in the country’s financial industry.
“Again, we mentioned the state involvement of banks in China. They can see the flow of money there and maybe some, we would say, rule over the person who takes the money or puts the money in that account. So it’s a matter of national security, “Pelosi said during a presentation on MSNBC.
“The president is ashamed that he has a bank account in China.”
The speaker said he was confident he would get more information about Trump’s Chinese bank account before the election. And he said that if Trump had announced his tax return, people would have known about it sooner.
“But the fact is … what is the source of these funds, and what are their responsibilities? And that is a matter of national security, “he said
A report in The New York Times late Tuesday night revealed that Trump has bank accounts in three foreign countries: China, Britain and Ireland. No one was listed on its public financial announcements. China’s account is controlled by Trump International Hotels Management LLC, which paid કર 188,561 in taxes to China from 2013 to 2015, according to tax records obtained by the Times.
A lawyer for the Trump organization told the Times that the company had opened an account to pay local taxes related to its efforts to do business in China.
“No deals, transactions or other business activities have ever been implemented and since 2015, this office fee has been dormant,” lawyer Alan Garten told the newspaper. “However, the bank account remains open, it has not been used for any other purpose.”
The revelation came as the Trump campaign and the president’s aides on Capitol Hill were trying to color the Democratic nominee. JB BidenBidenbiden gains huge cash advantage over Trump just before election day tax records show Trump maintains Chinese bank account: NYT Trump plays Biden’s video, Harris talks about breaking into Pennsylvania rally More Soft on China. Republicans are also seeking to blame China for the coronavirus epidemic, which has killed more than 220,000 Americans and left millions unemployed.
In her interview with MSNBC’s Andrea Mitchell, Pelosi said Trump’s Chinese bank account is another example of the president being sensitive to the issue, which he uses to attack his political enemies.
“Well, this is news for all of us, but it’s not shocking,” Pelosi said, as the president always presents his weaknesses to others in addition to proposing his own shortcomings or expressions on business. ‘The alliance with China, where it has an alliance with China. And my concern is not only who owns the money, but where he will get the money to pay it. “
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