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Trump tax returns show he held a bank account in China — as he spent years pursuing business deals there: report

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Trump said he was ready for a "historic" deal with China as the leaders kicked off their meeting and Xi told him "dialogue" was better than confrontation AFP / Brendan Smialowski

On Tuesday, as part of their series on President Donald Trump’s tax returns, The New York Times revealed that the president has held a previously unknown bank account in China, as he spent years pursuing business deals in the country.

“Mr. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state,” reported Mike McIntire, Russ Buettner, and Susanne Craig. “He spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president and forging a partnership with a major government-controlled company.”

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“And it turns out that China is one of only three foreign nations — the others are Britain and Ireland — where Mr. Trump maintains a bank account, according to an analysis of the president’s tax records, which were obtained by The New York Times,” continued the report. “The foreign accounts do not show up on Mr. Trump’s public financial disclosures, where he must list personal assets, because they are held under corporate names. The identities of the financial institutions are not clear. The Chinese account is controlled by Trump International Hotels Management L.L.C., which the tax records show paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015.”

Trump Organization attorney Alan Garten said that Trump “opened an account with a Chinese bank having offices in the United States in order to pay the local taxes” required to do business in the region.

The president has sought throughout the campaign to claim that Joe Biden is soft on China and is compromised on foreign policy by his family’s supposed business interests there.


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Armed ‘sovereign citizen extremist’ arrested at Boston train station: report

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Authorities in Boston arrested an armed extremist at a train station on Thanksgiving.

"A Boston man was arrested last night and charged with illegally carrying a loaded pistol. The defendant, who allegedly purchased a firearm and body armor, and material that could be used to assemble explosives, adheres to the anti-government/anti-authority sovereign citizen extremist ideology," the Department of Justice announced Friday. "Pepo Herd El a/k/a Pepo Wamchawi Herd (El), 47, of Dorchester, was charged by criminal complaint with one count of being a felon in possession of a firearm and ammunition."

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Texas Republican hasn’t even been sworn in yet and already a GOP congressman is publicly dunking on him

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There was some drama on Twitter on Friday when a four-term Republican congressman dunked on a Texas Republican who won a seat in Congress but has yet to be sworn in.

It started when Rep. Tulsi Gabbard (D-HI) urged President Donald Trump to pardon Edward Snowden and Julian Assange.

Rep.-elect Tony Gonzales (R-TX) called out Gabbard for being "full of more than just turkey."

Snowden and Assange are Russian agents who pose a direct threat to US National interests. Clearly @TulsiGabbard is full of more than just turkey. https://t.co/RI4XgdZRUy

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2020 Election

Biden’s lead in Milwaukee increases after Trump blew millions on Wisconsin recount: report

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President-elect Joe Biden's lead over Donald Trump in Wisconsin extended on Friday as Milwaukee finished their recount.

The Trump campaign had to pay $3 million for the recount in Wisconsin.

"Milwaukee County concludes its recount of the presidential election -- one of two counties where Trump sought a recount in Wisconsin. The results: Biden's lead, currently at about 20,000 statewide, grew by 132 votes," Rosalind Helderman of The Washington Post reported Friday.

Edward-Isaac Dovere of The Atlantic did a quick, back-of-the-envelope economic analysis.

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