See post 545. This report is fake news. Elaine Chao and her family are Taiwanese.
There are a lot of quotes from Peter Schweizer and he is a good researcher, how would he get it wrong that her family is from Taiwan?
Report: McConnell’s sister-in-law named to Bank of China board 10 days after Trump election
Angela Chao was named to the Bank of China’s board of directors just 10 days after Trump’s victory, said Peter Schweizer, author of “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends”.
Chao and McConnell’s father-in-law, James Chao, also sit on the board of the China State Shipbuilding Corporation which is the largest defense contractor in China.
“So when [Donald Trump] gets elected in 2016, China is in a panic. So one of the things that happens is, they appoint, really, the first American, or only the second foreigner to the Bank of China,” Schweizer said on the April 23 edition of SiriusXM’s Breitbart News Tonight.
“Now, the Bank of China is government-run, government-controlled, is sort of the backbone of the Chinese government’s economic diplomacy around the world. Ten days after Donald Trump is elected, they put Elaine Chao’s sister – Mitch McConnell’s sister-in-law – on the board of directors of the fourth largest bank in the world, which is run by the Chinese communist government. It’s a shocking development, and, again, unprecedented in American history that you would have senior political leaders have immediate family members that are sitting on the board of foreign government-owned businesses.”
Schweizer noted: “So Mitch McConnell, the Senate majority leader, his wife Elaine Chao, who’s the transportation secretary in the Trump administration, her family has deep economic and financial ties to the Chinese government itself. They are in the shipping business, and they own something called the Foremost Group, and really, in 1993, Mitch McConnell, as a senator, travels to China with his father-in-law, James Chao, as guests of the China State Shipbuilding Corporation.”
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