Jeff Merkley actually said...

"So Senator Young and I both referred to this Chinese debt trap strategy, and I am just going to restate it simply and see if you all concur that this is their strategy or if we are perhaps mischaracte..."

"Thank you both very much."

"I expect we will hear from our State and Treasury Department witnesses about the value of U.S. contributions to the IMF and the World Bank."

"These efforts are particularly relevant in a world where so many countries seek financing from China, whose loans come with lax to nonexistent labor and environmental standards."