Warren Questions Ex-Im Over Kazakhstan Mining Project Linked to Trump Family
Sen. Elizabeth Warren on Tuesday asked four federal agencies to explain their oversight of a Kazakhstan mining project with reported financial ties to President Donald Trump's family, raising conflict of interest concerns over potential taxpayer-backed funding, In a letter, Warren said she was particularly concerned about the Export-Import Bank's potential role in providing a significant portion of the roughly $2 billion in federal financing sought for the tungsten project being developed by Cove Kaz Capital. She also requested information from the Commerce Department, Defense Department and U.S. International Development Finance Corp. on their due diligence processes. 31 unless Congress renews its charter.
Sen.
Elizabeth Warren on Tuesday asked four federal agencies to explain their oversight of a Kazakhstan mining project with reported financial ties to President Donald Trump's family, raising conflict of interest concerns over potential taxpayer-backed funding, In a letter, Warren said she was particularly concerned about the Export-Import Bank's potential role in providing a significant portion of the roughly $2 billion in federal financing sought for the tungsten project being developed by Cove Kaz Capital.
She also requested information from the Commerce Department, Defense Department and U.S.
International Development Finance Corp. on their due diligence processes.
31 unless Congress renews its charter.