On February 21st, President Trump issued a National Security Presidential Memorandum making it the policy of the U.S. government to stop underwriting the Chinese Communist Party. 

Three months later, Jamie Dimon’s JP Morgan and Brian Moynihan’s Bank of America flouted that “America First Investment Policy.” They helped arrange for Americans and others to invest over $4.6 billion in a Hong Kong initial public offering of a Pentagon-designated “Chinese military company.”

The Financial Times reported yesterday that 47 other Chinese corporations are now in the process of following the lead of that company known as CATL – one involved in providing advanced

electric batteries to make Chinese submarines more lethal threats to our Navy and sailors.

We must stop financing our mortal enemy and hold accountable those like Messrs. Dimon and Moynihan who profit from selling out America. 

This is Frank Gaffney.