Name: Trump's Chinese banking is a security risk, Pelosi says
Uploaded: 2020-10-24T02:26:03.000Z
Duration: 1 min 16 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

U S House Speaker Nancy Pelosi on Wednesday said President Donald Trump's reported bank account in China raises serious national security concerns.

This after a New York Times report revealed the previously undisclosed account.

The top Democrat in the House of Representatives cited the Chinese government's ties to its financial industry and said Trump's banking there opened him up to vulnerabilities.

Pelosi told MSNBC the Chinese government can watch the flow of money there and perhaps have some quote sway over the person who's taking money or putting money into that account, making it a national security issue.

The Times, which has obtained Trump's tax records late Tuesday, reported that the documents show the president maintains a previously undisclosed bank account in China, one of only three foreign nations where he holds accounts along with Britain and Ireland.

 White House Chief of staff Mark Meadows said he had read the report but did not know if Trump's Chinese bank account existed and had not asked the president about it. 