U.S. Senator Grassley credits Watchdog’s coverage of EB-5

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Friday, October 9th, 2015

U.S. Senator Chuck Grassley, R-Iowa, singled out Watchdog.org as he spoke on the Senate floor Wednesday for its great work on the controversial EB-5 program.

“Watchdog.org, a national watchdog group that has followed abuses of the program closely over many years, has also identified another problematic, gerrymandered targeted employment area,” said Sen. Grassley. “They reported that a 21-story residential building project, which included trendy restaurants and shops, was built with foreign investments despite its location in an upscale neighborhood with only 0.8 percent unemployment. These are just a few examples, yet they point to a clear problem with this program.”

Watch Sen. Grassley’s statement below:

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