Posted on 02/17/2021 8:07:22 AM PST by RandFan
One of the most noteworthy observations President Trump made in the statement is that “McConnell has no credibility on China because of his family’s substantial Chinese business holdings,” adding that the Senate Minority Leader “does nothing on this tremendous economic and military threat.”
National File reported on McConnell’s family ties to the People’s Republic of China in some detail in 2020, covering the various anomalies associated with McConnell’s marriage into the Chao family.
Most notably, McConnell’s wife, Elaine Chao, is the daughter of shipping magnates James and Ruth Chao and the sister of businesswoman Angela Chao, who was appointed to a non-executive position on the Bank of China’s board of directors in 2016.
Following the death of Ruth Chao, McConnell’s federal disclosure jumped from $3 million to $33 million over a two-year span, and he has also received over $1 million in financial contributions from Elaine Chao’s family.
Angela Chao also serves as the CEO of the Foremost maritime shipping empire, which, despite describing itself as an American company with offices located in New York, conducts its business almost exclusively in Asia. Foremost’s fleet sails under flags registered in Liberia and Hong Kong, not the United States.
Foremost’s fleet was valued at $1.2 billion by shipping tracker VesselsValue in 2019, making it the most valuable such fleet of any dry bulk shipping operation headquartered in the United States while primarily operating in Asia.
James and Angela Chao also serve on the board of the Chinese government-owned China State Shipbuilding corporation, which, as the New York Times reported, receives substantial amounts of cash loans from the Bank of China. As noted earlier, Angela Chao sits in a non-executive position on the Bank of China’s board of directors.
(Excerpt) Read more at nationalfile.com ...
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bttt
Rand Paul’s silence on his fellow KY Senator speaks volumes......
I’m CERTAIN this will be the first story on ‘NBC Nightly Snooze’ this evening. Not.
President Trump? PLEASE keep exposing these self-enriching traitors at ever opportunity. Thanks! :)
later
and Trump named her Transportation Secretary........
Heard someone say it was a low blow to bring Elaine into it. Really? As if they would remain all decent in turn.... As they like to say, everything is on the table.
I wonder if Xi parks McConnell in the same garage as Biden after driving him real hard?
I guess “CONFLICT OF INTEREST” never applies to our politicians!
See this post and link.
[Flashback] The Real Elaine Chao (Fire Walk Enter Demon)
WND ^ | 7/16/2001 | Timothy Gallaher
Posted on November 29, 2016 at 10:13:02 AM PST by ifinnegan
https://freerepublic.com/focus/f-news/3499511/posts
“Heard someone say it was a low blow to bring Elaine into it. Really? As if they would remain all decent in turn.... As they like to say, everything is on the table.”
Indeed and China Mitch heading to turtle extinction.
I’m sure this is just the tip of the iceberg when it comes to ties to China. Why do you think McConnell’s wife was so eager to be the transportation secretary. I’m sure there were some regulatory favors granted to her family. Also, the communist party must be involved with the Chao family. There’s not doubt a shipping company as big as they say would be under the thumb of the Chinese Communist Party.
James and Angela Chao also serve on the board of the Chinese government-owned China State Shipbuilding corporation, which, as the New York Times reported, receives substantial amounts of cash loans from the Bank of China. As noted earlier, Angela Chao sits in a non-executive position on the Bank of China’s board of directors.
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Chinese government-owned China State Shipbuilding corporation and the Bank of China are wholly owned and controlled by the CCP. Making the sister, Angela a powerful member of the Communist Party, and by family ties so is Elaine ...
Thanks for posting this.
2 Lessons in your post:
1. The link will not disappear as it is on FR’s server.
2. See #1 above.
[Flashback] The Real Elaine Chao (Fire Walk Enter Demon)
WND ^ | 7/16/2001 | Timothy Gallaher
Posted on November 29, 2016 at 10:13:02 AM PST by ifinnegan
https://freerepublic.com/focus/f-news/3499511/posts
Rand got punched in the face by a neighbor. Maybe he’s a little nervous.
Mitch is a big swamp monster, bit surprise. And people wonder why Trump is so popular.
This has been known for years!
Maybe something is in the works. Time magazine and MSN both reported that McConnell fully supports pending legislation that would require the governor (now a Dem) to replace a senator with a person with the same political party. Beshear doesn’t much like the idea, but the republican state congress appears to be in full forward gear. One can only wonder what brought this on.....
Chyna Mitch - bump for later...
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