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Part 2: U.S. Foreign Policy for Sale? Russia and Trump

Web ExclusiveSeptember 15, 2016
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In our extended interview with Kurt Eichenwald, he describes the Trump Organization’s links to Russia and how they could threaten U.S. national security if he became president.

Watch Part 1: U.S. Foreign Policy for Sale? Behind the Trump Organization’s Vast Financial Network

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StorySep 15, 2016U.S. Foreign Policy for Sale? Behind the Trump Organization’s Vast Financial Network
This is a rush transcript. Copy may not be in its final form.

AMY GOODMAN: This is Democracy Now!,, The War and Peace Report. I’m Amy Goodman, with Nermeen Shaikh.

NERMEEN SHAIKH: This is Part 2 of our look at a sweeping new investigation which has raised questions about the little-known Trump Organization and potential conflicts of interest should Trump become president. The investigation published in Newsweek magazine reveals the Trump Organization is a vast financial network that stretches from New York City to India, Ukraine, China, Brazil, Argentina, Turkey and Russia. It’s connected to Russian mining, banking and real estate interests.

AMY GOODMAN: This comes as Trump has repeatedly attacked Hillary Clinton over the Clinton Foundation, alleging that Clinton’s term as secretary of state, during that time, she may have given major contributors to the foundation greater access.

Now we’re going to Part 2 of our conversation with Kurt Eichenwald, who’s senior writer at Newsweek. His new report is titled “How the Trump Organization’s Foreign Business Ties Could Upend U.S. National Security.” He’s also a contributing editor at Vanity Fair.

So, Kurt, let’s focus on Russia right now. What did you learn in your investigation about Donald Trump’s empire in Russia?

KURT EICHENWALD: That it’s—they’ve been digging in there pretty strongly. In 2008, Trump went in and actually trademarked his name in Russia. And the way he does his international business is by basically selling the rights to his name, so that other developers can slap it on their businesses. Now—or on their projects.

Now, the thing that people need to understand is real estate development overseas is not like real estate development here. It is extremely political. It is extremely tied to governments. And so, you have—for example, one of the organizations that Trump was negotiating with was something called Mos City Co., which in turn is very tied to the Putin government. Now, they did not do the deal because Trump was demanding too much money. Well, how much would having the name of the president of the United States on a building in downtown Moscow be worth now? You have the fellow you mentioned earlier who, you know, was already wrapped up in some of the questionable privatization deals that took place under Boris Yeltsin and has maintained his contacts very closely with the Russian government. He is—has been a partner of Donald Trump’s. And, you know, Trump Jr. has said they have lots of investors from Russia. Well, who are those investors and in what entity? We don’t know.

I mean, there is always—there is only so—you know, it took a long time to dig through and find the connections for 15 out of 500 of these partnerships. There are hundreds more that people in the press should be digging into, they should be demanding answers on, they should be, you know, trying. I mean, we don’t know anything about Donald Trump. We don’t know about his business. We don’t know about his finances. We don’t know about his health. We barely know anything about his policies. He just runs around, is entertaining, you know, says a lot of xenophobic things, gets—you know, is the perfect reality TV show president. And members of the press are just not doing the job trying to find out who this guy is.

AMY GOODMAN: Kurt, can you talk about, in this last minute, what you were most surprised by in this investigation you did for Newsweek?

KURT EICHENWALD: The scope of it, that basically every time I opened up a can of worms involving a foreign enterprise of Donald Trump, that he was doing business with bad actors who are tied to governments whose interests run counter to those of the United States’ national security.

AMY GOODMAN: Well, we’re going to leave it there. Kurt Eichenwald, thanks so much for being with us for Part 2 of our conversation about your very interesting piece in Newsweek. The piece is headlined “How the Trump Organization’s Foreign Business Ties Could Upend U.S. National Security.” And we will link to it at I’m Amy Goodman, with Nermeen Shaikh. Thanks so much for joining us.

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U.S. Foreign Policy for Sale? Behind the Trump Organization’s Vast Financial Network

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