WASHINGTON — House Speaker Nancy Pelosi on Monday said President Donald Trump’s alleged tax debts were not only an issue of public concern but a “matter of national security,”
Responding to a New York Times report which detailed the president’s financial records over the past two decades, Pelosi, (D)-Calif., called the revelations a matter of “grave concern.”
“This president appears to have over $400 million in debt, $420 million whatever it is,” Pelosi told NBC’s Andrea Mitchell. “To whom? Different countries? What is the leverage they have? So for me, this is a national security question.”
“We take an oath to protect and defend, Pelosi continued. This president is commander in chief. He has exposure to the tune of hundreds of millions of dollars, to whom? The public has a right to know.”
The Times report suggested that the president has paid no income taxes in 10 of the past 15 years, primarily due to financial losses, and that the president is facing a decades long Internal Revenue Service audit over a $72.9 million tax refund he received that could wind up costing him more than $100 million.
Pelosi went on to question whether any of the debts in question were tied to Russia.
“The question is what does Putin have on the president politically, personally, financially in every way that the president would try to undermine our commitment to NATO, give away the store to Russia and Syria, try to cast blame on Ukraine for interfering in our elections when he knows full well with the consensus from the intelligence community that it is Russia. The list goes on and on. The annexation in the Crimea, and the rest of that that the president just turns away from,” Pelosi said. “So, he says he likes Putin and Putin likes him. Well, what’s the connection? We’ll see.”
In a series of tweets, the president defended himself and his financial records, referring to the New York Times report as “fake news.”