Rep. Adam Schiff: House Democrats will investigate Trump’s financial ties to Saudi Arabia as part of a ‘deep dive’ into the kingdom’s dealings
(Worthy News) – Democrats will investigate President Donald Trump’s financial ties to Saudi Arabia as part of a “deep dive” on the kingdom when majority control of the House changes hands in January, the lawmaker in line to become chairman of the House Intelligence Committee said in a Washington Post interview published Friday.
“There are a whole set of potential financial conflicts of interest and emoluments problems that Congress will need to get to the bottom of,” Rep. Adam Schiff, D-Calif., told Greg Sargent, a liberal columnist for the paper. “Certainly if foreign investment in the Trump businesses is guiding U.S. policy in a way that’s antithetical to the country’s interests, we need to find out about it.”
Trump has repeatedly said he has no financial interests in Saudi Arabia, but he has also boasted about making millions of dollars from the Saudis. Indeed, business from Saudi-based customers helped buoy revenue this year at Trump namesake hotels in New York and Chicago, according to a Washington Post report. [ Source: CNBC (Read More…) ]