Adam Schiff: “The President's namesake company is directly in business…”

“I know it's easy in all the Trump corruption and schemes to miss the forest for the trees. But let's not fail to appreciate just how unprecedented this is, just how corrupt and dangerous this is. The President's namesake company is directly in business with a foreign government and the money is going into his pocket. Not the treasury, not your pocket as the taxpayer. It's going into Donald Trump and his family's pocket. His. But that's not the only Gulf nation in business with the President and his family.” (12:58–13:10)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.