Johnson urged to probe Trump family’s deep financial links to CCP.
Exclusive: Calls for Investigation into Trump’s Financial Ties with China
Speaker Mike Johnson (R-LA) is facing mounting pressure to open an investigation into former President Donald Trump over allegations of financial benefits from his connections to the Chinese Communist Party. The Democratic-aligned Congressional Integrity Project has sent a letter to Johnson, urging him to direct the House Oversight Committee to look into alleged “family corruption” during Trump’s presidency.
The letter, obtained exclusively by the Washington Examiner, comes after months of requests from the group to investigate the Trump family’s interactions with foreign adversaries. The group accuses the former president and his four oldest children of fraternizing with foreign adversaries, particularly China.
“Republican committee chairmen have not taken any action to investigate the Trump family’s influence peddling and corruption, despite ample evidence of their financial gains from business with China and direct talks with the communist regime,” the letter states.
The Congressional Integrity Project is determined to push Congress to open an inquiry into the Trump family’s actions. They plan to use the lack of oversight as a campaign strategy against vulnerable Republicans, specifically targeting 18 House Republicans representing districts won by President Joe Biden in 2020.
The group accuses Trump of having extensive financial ties to the Chinese Communist Party, citing a report that shows the former president collecting millions of dollars from government-owned entities in China. They also highlight Trump’s properties leased in China and his former partnership with a major government-controlled company during his first presidential run.
The letter argues that Trump violated the Constitution’s emoluments clause, which prohibits federal officials from accepting gifts or benefits from foreign states without congressional approval. While Trump announced plans to comply with the rule by handing over control of his real estate empire to his sons, the Congressional Integrity Project claims he still violated the clause by not fully divesting from his company.
The group also accuses Ivanka Trump of benefiting financially from trademarks approved by the Chinese government while holding a government position in her father’s administration. They point to 16 trademarks approved for Ivanka in 2018, two years after she applied for them, and during Trump’s trade war with China.
The Congressional Integrity Project also calls for an investigation into the Trump family’s web of more than 500 LLCs, claiming they were not subject to external audits or rigorous disclosure requirements. They argue that this allowed Trump to keep his financial portfolio hidden from the public eye.
It remains uncertain whether Johnson will launch the investigation, especially as he has already cooled momentum on the impeachment inquiry into President Biden. Johnson has advised lawmakers to take their time with the investigation and avoid rushing to a predetermined outcome.
Johnson has shown strong support for Donald Trump, endorsing the former president ”wholeheartedly.” The Washington Examiner has reached out to Johnson’s office and the Trump campaign for comment.
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How have Trump and his family members been involved in business ventures with Chinese companies, and what are the concerns raised about potential favoritism and corruption?
Ions of dollars in licensing fees from Chinese companies for the use of his name on various projects. They allege that these financial ties create a conflict of interest and could have influenced Trump’s decision-making during his presidency.
The letter also points to several instances where Trump and his family members have engaged in business ventures with Chinese companies. For example, Trump’s daughter Ivanka Trump was awarded trademarks by the Chinese government while she was serving as a senior adviser in the White House. The letter argues that these business dealings raise concerns about potential favoritism and corruption.
The Congressional Integrity Project highlights the importance of investigating these allegations to maintain transparency and ensure the integrity of the American political system. They argue that previous Republican committee chairmen have failed to address these concerns and have neglected their oversight responsibilities.
In response to the letter, Speaker Mike Johnson has yet to announce whether he will direct the House Oversight Committee to launch an investigation. However, the Democratic-aligned group remains determined to push for an inquiry, particularly targeting vulnerable House Republicans in an attempt to gain political leverage.
Critics argue that the allegations against Trump and his family are politically motivated and lack concrete evidence. They believe that these claims are a way for Democrats to undermine Trump’s legacy and hinder his potential return to politics. They argue that Trump’s business ventures and international dealings are not unusual for a former president and should not automatically raise suspicion.
Nevertheless, the controversy surrounding Trump’s financial ties with China emphasizes the need for transparency and accountability among public officials. Whether or not an investigation is launched, it is crucial for the American people to have confidence in their leaders and trust that their decision-making is not influenced by personal financial interests.
As the calls for an investigation into Trump’s financial ties with China intensify, it remains to be seen how Speaker Mike Johnson and the House Oversight Committee will respond. The outcome of this potential investigation could have significant implications for Trump’s reputation and the perception of political corruption in the United States.
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