[Congressional Record Volume 164, Number 83 (Monday, May 21, 2018)]
[House]
[Page H4270]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PRESIDENT TRUMP IS IN THE SWAMP
(Ms. KAPTUR asked and was given permission to address the House for 1
minute and to revise and extend her remarks.)
Ms. KAPTUR. Mr. Speaker, President Trump promised to drain the swamp,
but the Financial Times reports his pay-to-play scheme catering to
Chinese investors sure looks like he is in the swamp.
Vox reports this week President Trump has a direct financial interest
in a major real estate development project essentially underwritten by
a state-owned Chinese bank in Indonesia called Lido City and secured a
$500 million loan from the Metallurgical Corporation of China, billing
it as Asia's first Trump community, featuring a resort golf course,
condominiums, and private villas.
According to the Financial Times, the President and the Republican
Party are soon to host a $150,000-a-plate dinner in Dallas, where a
Chinese-owned bank is now encouraging its top investors to attend so
they can get face time with the President and key members of his team
at $150,000 a plate.
Meanwhile, the American workers still don't know what is in President
Trump's trade deal to increase Chinese purchases of American goods, but
we do know we need a guard dog to protect American economic and
security interests from the President's apparent conflict of interest
on his personal dealings, not in the national interest.
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