Political Quotes

“today I, along with 13 of my Senate colleagues, am introducing the Presidential Trade Transparency Act of 2017. This bill establishes new reporting requirements directing the President to disclose foreign income, assets, and liabilities when initiating or continuing trade or investment negotiations with a foreign country, taking or refraining to take certain trade enforcement actions, or granting or modifying preferential tariff treatment under statutory trade preference programs. Each of these decisions may have significant commercial implications, both as to a foreign country's economy as a whole and with respect to particular investments within a foreign country. Given the complexity and lack of transparency with respect to the President's finances, additional country-specific reporting is necessary for Congress to properly exercise its oversight responsibilities and assess whether the authority it has granted to the President is the subject of undue influence due to a business relationship between the President and one or more foreign entities. Reporting of this information will also help address questions regarding improper influence by foreign entities when the President exercises trade authorities granted by Congress.…”