US Lawmakers Urge Trump to Condemn Goldman Sachs Venezuelan Bond Purchase

© AP Photo / Richard Drew The Goldman Sachs Booth at the New York Stock Exchange
The Goldman Sachs Booth at the New York Stock Exchange - Sputnik International
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US President Donald Trump should condemn Goldman Sachs' purchase of $2.8 billion worth of Venezuelan government bonds, US House of Representatives Foreign Affairs Committee ranking member Eliot Engel said in a letter to Trump on Friday.

Business magnate George Soros arrives to speak at the Open Russia Club in London, Britain June 20, 2016. - Sputnik International
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WASHINGTON (Sputnik) — Engel noted that Trump should condemn the purchase in the strongest terms possible because of his administration's ties to the financial institution.

Four of Trump's highest ranking officials previously worked at Goldman Sachs.

"I urge you to immediately and forcefully condemn Goldman Sachs’s purchase of $2.8 billion worth of Venezuelan bonds," the letter stated.

The bonds will provide a lifeline for Venezuelan President Nicolas Maduro and his "cronies" who are abusing the human rights of Venezuelan citizens and preventing their access to food and medication, Engel claimed.

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