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.
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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.
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JSJeanne ShaheenD-New Hampshire
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