President threatens to cast his first veto

According to the New York Times President Bush, trying to put down a rapidly escalating rebellion among leaders of his own party, said Tuesday that he would veto any legislation blocking a deal for a state-owned company in Dubai to take over the management of port terminals in New York, Miami, Baltimore and other major American cities.
Mr. Bush issued the threat after the Senate majority leader, Bill Frist, and the House speaker, J. Dennis Hastert, publicly criticized the deal and said a thorough review was necessary to ensure that terrorists could not exploit the arrangement to slip weapons into American ports. Mr. Bush suggested that the objections to the deal might be based on bias against a company from the Middle East, one he said was an ally in fighting terrorism.
Is the President suggesting that Bill Frist and Dennis Hastert are not really interested in fighting terrorism and protecting the public but instead are using the public's fears in order to side with certain big money business interest in opposition to the money men supported by the president? If so, doesn't that mean the president is doing the same thing? Our leaders would not do that to us, would they? They would not sell us and our security out to a bunch of middle-eastern businessmen, would they?