Left-Wing Attempt to Tie Trump to Foreign Influence Money Doesn’t Add Up, Records Show
House Oversight Committee Democrats released a report Thursday attempting to connect former President Donald Trump to a pay-for-play foreign influence scheme, but the evidence fell far short of a smoking gun.
Maryland Rep. Jamie Raskin, Ranking Member of the Committee on Oversight and Accountability, released a report revealing that Trump’s business entities raked in at least $7.8 million from 20 foreign governments and their subsidiaries during the first two years of his presidency, including from China, Saudi Arabia, the United Arab Emirates, Qatar, Kuwait and Malaysia. A majority of that money, however, came from one business that began renting office space from Trump Tower in 2008 and concluded its partnership in 2019, during his administration, the report shows.
“The difference between Trump’s foreign income and Biden’s foreign income is that Trump had legitimate goods and services to sell and was tough on China while the Bidens did not have any legitimate business and Joe has been weak on China,” Seamus Bruner, director of research at the Government Accountability Institute, told the Daily Caller in a statement.
Of the $7.8 million Trump’s businesses made from foreign governments during the two years in question, $5.5 million that was paid to Trump-owned properties was from the Chinese government and state-owned enterprises, the records show. Of that, the committee estimates that the Industrial and Commercial Bank of China, a Chinese state-owned business, paid Trump-owned properties $5.3 million between February 2017 and October 2019.
The Chinese company had entered a contract with Trump Tower for commercial office space in 2008, the report shows. The contract was concluded on Oct. 31, 2019, before the COVID-19 pandemic began and with nearly a year-and-a-half still remaining in Trump’s first term in office. (Read more from “Left-Wing Attempt to Tie Trump to Foreign Influence Money Doesn’t Add Up, Records Show” HERE)
Photo credit: Flickr
Delete Facebook, Delete Twitter, Follow Restoring Liberty and Joe Miller at gab HERE.
