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Trump Is Right. Mitch McConnell And Elaine Chao Spent Decades Getting ‘Rich On China’
The Federalist ^ | AUGUST 24, 2022 | Jordan Boyd

Posted on 08/24/2022 8:33:29 PM PDT by george76

For years, the McConnell and Chao families have cultivated a relationship that enriches the couple and grants status to the Chaos’ shipping company.

For decades, Senate Minority Leader Mitch McConnell and his wife Elaine Chao have maintained a glaring conflict of interest, conducting extensive government business despite the Chao family’s deep ties to China through a maritime shipping company. Now, former President Donald Trump is calling attention to the top Republican’s problematic China ties, while most of Washington remains silent.

“Why do Republicans Senators allow a broken down hack politician, Mitch McConnell, to openly disparage hard working Republican candidates for the United States Senate[?]” Trump asked in a Truth Social post on Sunday. “This is such an affront to honor and to leadership. He should spend more time (and money!) helping them get elected, and less time helping his crazy wife and family get rich on China!”

It didn’t take long for the corporate media to mock Trump’s assertion, framing his legitimate criticism of McConnell and Chao as unfair and unjust. Some outlets such as Vanity Fair even hinted that Trump’s comments were revenge against Chao for resigning from the Trump administration following the 2021 Capitol riot and subsequently cooperating with the illegitimate Jan. 6 Committee.

Trump’s criticism of McConnell and Chao, however, is not something to be taken lightly. For years, the McConnell and Chao families have maintained a symbiotic relationship that grants opportunities to the Chaos’ shipping company, Foremost Group, which largely operates in and on behalf of communist China.

This reciprocity is well documented, but unlike with Hunter Biden, there is less scrutiny from observers, including those on the right, for this “corruption by proxy,” as author and Government Accountability Institute President Peter Schweizer calls it.

Blood Runs Thicker than Water..

As Schweizer documented in his 2018 book “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” McConnell took a strong stance against China before his marriage into the Chao family. According to Schweizer, it was a 1994 trip arranged by James Chao, McConnell’s father-in-law, and sponsored by China State Shipbuilding Corp. (CSSP), one of the CCP’s largest military contractors and reportedly an unofficial arm of the CCP navy, to meet the Chinese president that pushed McConnell to “increasingly avoid public criticism of China.”

That’s likely because Chao and her family are well-connected in communist China thanks to her father’s company. Foremost is technically based out of New York but largely operates out of China, where at least 70 percent of its freight, mostly industrial, is delivered. Not only are a majority of Foremost’s ships built in state-owned shipyards, but some are even financed by the Chinese Communist Party. They are then used to deliver cargo outlined in contracts with the communist government, which has clearly stated goals to rapidly expand its industries to compete with the U.S.

Foremost and the Chao family have benefitted from loans estimated to be between $350,000 and $1 million from the U.S. government and loans from Chinese banks known by the Trump administration as threats. Again, this is a company owned by the father-in-law of America’s top congressional Republican and the father of the former transportation secretary. Not only do Chao’s father and sister Angela Chao still share leadership over Foremost, but the pair also once sat on the board of an offshoot of the CSSP together.

This trend of the Chao family expanding their influence in China only continued as McConnell and his wife burrowed deeper into the American political system. When Trump named Chao head of the Department of Transportation in January of 2017, her family publicly rejoiced — likely at the opportunity to further their business interests. That same month, Chao’s sister Angela was named independent non-executive director of the CCP-affiliated Bank of China.

Even though the Trump administration took a hardline stance against China and its intent to compete with the U.S., the Chao family company proceeded with the purchase of 10 new ships from the Chinese government. That strategic buy expanded the Foremost fleet capacity by more than 40 percent, enabling the company to do even more business with the CCP. It also came shortly after Chao secured a spot in the Trump Cabinet overseeing an industry in steep decline thanks to competition with China.

While China sought to expand its maritime endeavors, it was under Chao’s leadership that the Department of Transportation proposed budget cuts for programs meant to stimulate American shipping and mariners.

How to ‘Get Rich on China’ 101..

McConnell still expresses some support for curbing China’s ascent, but whether his concern is sincere or political is difficult to say.

Not only do McConnell and Chao’s family members financially benefit from doing business with communist China, but so have McConnell and Chao. The political duo may not have a formal stake in the Chao shipping empire, but they have certainly amassed wealth from the business.

The biggest evidence for this came in 2008. Just one year after James Chao joined CSSC Holdings, in addition to running Foremost, McConnell received a “gift” of $5 to $25 million from his father-in-law. As Politico reported, that payment significantly bumped McConnell’s net worth, which was measured at around $3.1 million in 2004, to between $9.2 million and $36.5 million in 2014.

Several members of Chao’s family, including Angela and James, also contributed more than $1 million to McConnell’s re-election campaigns. In other words, the founder of an unofficial arm of our top adversary’s navy is helping keep McConnell in U.S. leadership. According to Schweizer, these kinds of payments could have been money designed to keep a favorable relationship between McConnell and the Chao family.

“Foreign governments and oligarchs like this form of corruption because it gives them private and unfettered gateways to the corridors of Washington power,” Schweizer wrote in his book “Empires.” “Foreign entities cannot legally make campaign contributions, so using this approach creates an alternative way to curry favor and influence America’s political leaders. Simply camouflaging these transactions as business agreements provides another shield of plausible deniability.”

Status and Power..

The Chao family has also amassed wealth by trading on their ties to McConnell.

While public officials — such as Chao from 2017-2021 — are barred from using their status to grant favors to friends and family, Chao publicly supported her family’s financial endeavors onscreen. Despite avoiding U.S. press appearances in her capacity as transportation secretary, Chao joined her father for dozens of appearances on Chinese and Chinese-American television where she regularly boosted Foremost and the work her family does out of China.

One interview was seemingly hosted at the DOT office with the agency’s flags displayed in the background.

“In at least one other interview appearance, the Transportation Department flag and the state flag of Kentucky, the state Chao’s husband, Senate Majority Leader Mitch McConnell (R) represents, both appear in the background,” the Hill reported.

Chao also granted her China-sympathetic family access to the president of the United States, a political connection that her father coveted and later boasted about in interviews, sometimes with communist state-owned media.

“The president spent several minutes with me,” James recounted in one interview after talking with Trump aboard Air Force One. “We were talking about business.”

That comes as no surprise considering that, ahead of her first scheduled visit to China as a member of the Trump administration, Chao requested that accommodations be made for at least one family member to join her trip. She also asked for her shipping industry relatives in China to be included in transportation-themed meetings with government officials. Her trip was quickly canceled once the press raised ethical concerns.

Consequences? It wasn’t until 2017, decades after McConnell and Chao began to benefit from their family’s ties to China, that the House Committee on Oversight and Reform sent a letter to Chao demanding that she explain her public elevation of her family’s maritime company.

In 2021, months after she resigned from the Trump administration, the Office of Inspector General for the Department of Transportation released a report confirming that Chao “used her official position and taxpayer resources for the benefit of herself and her family.”

Evidence of wrongdoing in the OIG report was communicated in a criminal referral to the Department of Justice U.S. Attorney’s Office for the District of Columbia and the DOJ Public Integrity Section, but none of the agencies decided to open an investigation.

Chao may no longer hold an official place in the federal government, but she remains a large player in Washington, D.C., through her new role as a board member for the Smithsonian’s Asian Pacific American Center. McConnell, on the other hand, is still the highest-ranking Republican in Congress, who could reassume leadership if the GOP takes back the Senate. Whether voters like it or not, McConnell will likely determine the steps Congress takes to keep communist China’s hands out of the U.S. government.

Given this track record, the likelihood that McConnell will support policies that curb his family’s fortunes is questionable at best. That’s why Trump’s criticism of the McConnells’ close personal and professional relationship with China is long overdue. At a time when Republicans are questioning McConnell’s ability to advance the new GOP’s agenda, raising these connections is nothing short of necessary.


TOPICS: Foreign Affairs; Government; News/Current Events; Politics/Elections; US: Kentucky
KEYWORDS: bloggers; chao; china; cocainemitch; elaine; mcconnell; postturtle; yertle
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1 posted on 08/24/2022 8:33:29 PM PDT by george76
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To: george76

Bitch McConnell is just another Politician. He could care less if the Pubs took over. He’s more interested in preserving status quo and self dealing. Time to move on....


2 posted on 08/24/2022 8:41:19 PM PDT by theyreallthesame
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To: george76

Trump has crossed the Rubicon. It’s Trump or McConnell now. One of them will not be in power in 2024. It’s winner take all. Deep state figurehead Mcconnell vs. Trump.


3 posted on 08/24/2022 8:45:33 PM PDT by imabadboy99
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To: imabadboy99

My money is on Trump.


4 posted on 08/24/2022 8:50:27 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: george76

The Federalist is what, not only what gold standard journalism should look like, but also the ONLY PUBLICATION THAT CONSISTENTLY OFFERS TRUE AND CONFIRMED NEWS.

Ther are others, Just the News, Breitbart, Daily Caller and others, BUT NO ONE PUBLISHES DETAILED, CONFIRMED AND SALIENT INFORMATION AS:

THE FEDERALIST!
They are THE most detailed and truthful publication in my opinion


5 posted on 08/24/2022 8:58:56 PM PDT by Maris Crane
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To: george76; All

Trump is bold. A true leader. Let’s see if there is anyone in the Senate bold enough to make moves.


6 posted on 08/24/2022 9:01:54 PM PDT by wiseprince (Me,)
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To: george76

No difference between China Mitch and Biden.


7 posted on 08/24/2022 9:18:28 PM PDT by bray (The Vax is fake and deadly)
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To: george76

Even if McConnell is reelected to be the Republican Majority/Minority Leader, he will be weaker than he was previously.


8 posted on 08/24/2022 9:19:47 PM PDT by Mr. N. Wolfe
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To: george76
Trump is right.

Again.

9 posted on 08/24/2022 9:29:36 PM PDT by Albion Wilde (Stand fast therefore in the liberty by which Christ has made us free... Galatians 5:1 )
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To: central_va

“My money is on Trump.”

Do you know what a Chinese pinata looks like?

It looks like McPOS and every time you hit it, dollars & yauns fall out of it.


10 posted on 08/24/2022 10:02:46 PM PDT by unclebankster (Globalism is the last refuge of a scoundrel.)
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To: george76

It’s the story of modern American government. Get elected, take time, get rich, make yourself an oligarch, marry another oligarch. Do some influence selling, insider trading, use information as a weapon, do the laundry. Become unimaginably wealthy on a public salary (wink, wink).

Hand out some contracts, bring the bacon home, but only for those on the inside in local governments…and their clients that get public contracts for a web of kickbacks.

And do nothing for the masses that elected you. Play for the very poor, giveaways and words, mostly words…play for the very rich and well connected. Give the finger to anyone in the middle.

Government in America…the most rancid, corrupt force on Earth.


11 posted on 08/24/2022 10:17:46 PM PDT by Scott from the Left Coast (Make Orwell Fiction Again)
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To: george76

Mitch makes the Biden’s look like pikers


12 posted on 08/24/2022 10:26:30 PM PDT by Nifster (I see puppy dogs in the clouds )
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To: bray

mitch got rich off his wife

biden got rich off his son

both were selling influence


13 posted on 08/24/2022 10:59:04 PM PDT by joshua c (where did my tagline go? if you see it please call someone else. i was tired of it.)
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To: joshua c

I know there are plenty of people who are claiming to be exhausted by Trump HOWEVER the exhaustion comes from the TRUTH of our utterly corrupt government being brought into the light!! We all knew there was corruption HOWEVER the full scale of the corruption AND weaponization is OUT because of Trump, the utter indoctrination of our kids we always THOUGHT was at the college level we find is at the grade school level!! YES it is exhausting HOWEVER because of the utter hatred of Trump by the left they are completely out in the open now their utter PANIC of him has brought them OUT for all to see!!


14 posted on 08/24/2022 11:09:55 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: george76

Elaine Chao was already super-rich because of her daddy, founder of the “Foremost” shipping conglomerate. E. Chao was already a very rich woman when she married McConnell.


15 posted on 08/25/2022 12:59:29 AM PDT by buwaya (Strategic imperatives )
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To: george76

Take the higher net wealth and double it for starters.
McConnell is literally a traitor.


16 posted on 08/25/2022 1:20:47 AM PDT by minnesota_bound (Need more money to buy everything now)
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To: george76

McChina doesn’t represent Kentucky or the citizens of Kentucky, he represents Chairman Xi only. He gets rich off of Chinese political prisoners and tell American small business owners to Go F Themselves. Matt Bevin would’ve been a better Senator. At least his business is in the USA.


17 posted on 08/25/2022 5:00:28 AM PDT by Deplorable American1776 (Defund the FBI, the American Stasi..)
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To: george76

Keep the pressure on the sickly old bag of shit fembo. Hopefully he’ll drop dead from stress.


18 posted on 08/25/2022 5:18:26 AM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: george76

The entire establishment of both parties did…. Both parties have sold our America for decades and as long as they got a cut directed to their own back pockets they didn’t care..

This is why Trump and MAGA are such a threat to them.. and why both parties will do all they can to stop it


19 posted on 08/25/2022 5:20:59 AM PDT by HamiltonJay
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To: central_va

I hope you’re right, but my money is he’s dead before the election. Probably right after the midterm.


20 posted on 08/25/2022 5:33:27 AM PDT by RinaseaofDs
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