President Donald Trump's actions as a real estate developer merit further scrutiny as part of the new sweeping probe of his financial transactions and Russian interference launches in the House, Rep. Jackie Speier, a member of the Intelligence and Oversight committees, said Thursday.
"I have thought for a very long time that the president as a real estate developer had violated what's called the Foreign Corrupt Practices Act," the California Democrat told CNN's "New Day." "It's a requirement that anyone doing business with a foreign entity make sure that none of the money that comes into a project has been laundered."
Speier said she is focusing on Trump hotel projects in Toronto, Soho, and Panama, "all of which went belly up at a time, particularly in the Toronto project, where not one other high-rise property was bankrupted."
Trump early Thursday slammed the announcement by Intelligence Committee Chairman Adam Schiff, D-Calif., that Democrats are opening a widened investigation into Trump's finances and Russian interference in the 2016 election, calling it "presidential harassment."
Speier, however, said Trump is harassing Congress.
"You're not going to intimidate the Congress of the United States, Mr. President," she said. "We are two equal branches of government. He still hasn't learned his Civics 101 class, I'm afraid."
Speier said there has not yet been a list of people to subpoena, but documents from Trump's oldest son Donald Jr. will likely be sought, and she is "sure he's on the list already."
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