Ranking Member Shaheen Presses DFC CEO for Answers on Risks to Taxpayer and Potential Benefits to China from $20 Billion Strait of Hormuz Maritime Insurance Proposal — Donald Trump | ChamberLight
Ranking Member Shaheen Presses DFC CEO for Answers on Risks to Taxpayer and Potential Benefits to China from $20 Billion Strait of Hormuz Maritime Insurance Proposal
President Trump is quoted regarding his views on securing the Strait of Hormuz for global trade, including for China.
Senator Jeanne Shaheen is questioning a $20 billion proposal to provide taxpayer-funded maritime insurance in the Strait of Hormuz, warning it may benefit China and expose the U.S. to financial risk.