Photo: Alex Wong/Getty Images
As Democrats double down on their attacks against Mitt Romney‘s opaque finances, the Republican presidential candidate is deflecting responsibility for his offshore holdings in Bermuda and the Cayman Islands. “I don’t manage them — I don’t even know where they are,” Romney told Iowa Radio Monday night, explaining that his investments are held in a blind trust (he did not mention that it is not a federally-approved blind trust, or that the trustee is his long-time advisor and personal lawyer, R. Bradford Malt).
“The trustee follows all U.S. laws, all taxes are paid as appropriate, all of them have been reported to the government, there’s nothing hidden there,” Romney said.
“I understand the President is going to try and do anything to divert attention from the fact that his jobs record is weak, and he has no plan to make things better,” he added.
The remarks are the latest indication that the Romney campaign has gone into damage control, as polls show Democratic attacks against Romney’s finances are working among voters in key battleground states. The President upped the political ante on the attacks last night, joining his fellow Democrats in calling for his opponent to release his financial records.
“What’s important is if you are running for president is that the American people know who you are and what you’ve done and that you’re an open book,” Obama told a New Hampshire television station Monday. “And that’s been true of every presidential candidate dating all the way back to Mitt Romney’s father.”
NOW WATCH: Briefing videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.