January 14, 2021

A Coming Payday for Betrayal?

This is Frank Gaffney with the Secure Freedom Minute.

A top Chinese Communist Party influence operator boasted recently that China’s “old friends” on Wall Street have, for decades, successfully compelled the U.S. government to do Beijing’s bidding. A prime example was the 2013 deal brokered by then-Vice President Joe Biden that gave the CCP preferential access to our capital markets – and roughly $3 trillion in American investors’ funds.

Prof. Di Dongsheng claimed that the exception was the Trump administration. He lied. Thanks especially to the unstinting efforts of Wall Street veteran and Treasury Secretary Steven Mnuchin, Communist China has been able to perpetuate U.S. underwriting even of companies building military technologies designed to destroy us.

After Mr. Mnuchin leaves office next week, he is expected to resume his lucrative business dealings with China – where his serial betrayal of Trump national security colleagues and the country will presumably be handsomely rewarded.

This is Frank Gaffney.

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