3:00 PM, Jul 1, 2015 • By DANIEL HALPER
Senator Chuck Grassley has written a series of letters to Attorney General Loretta Lynch, Secretary of State John Kerry, and Treasury Secretary Jack Lew demanding answers about a shady uranium deal with a company tied to the Clintons.
"On April 23, The New York Times reported on details regarding the Clinton Foundation’s ties to a number of investors involved in a business transaction that resulted in the acquisition of Uranium One, owner of U.S. based uranium assets, by Atomredmetzoloto (ARMZ), a subsidiary of Rosatom, a Russian government owned company. The transaction raised a number of national security concerns because it effectively ceded 20% of U.S. uranium production capacity to the Russian government. Due to that foreign involvement, a review of the transaction was conducted by the Committee on Foreign Investment in the United States (CFIUS), whose membership includes the Secretary of State and of which Treasury is the chair. In addition, during critical stages of the acquisition approval, interested parties made large donations – some in the millions of dollars – to the Clinton Foundation while Ms. Hillary Clinton held the position of Secretary of State. When millions of dollars flow to decision makers who have substantial discretion to provide support for or against approval of controversial transactions, public confidence in the integrity of the process requires a commitment to transparency and responsiveness to oversight inquiries," reads the letter from Senator Grassley to Attorney General Lynch.
Clinton Foundation Accepts Multiple Donations from Interested Parties in Deal
In light of the gravity of the decision to allow a Russian takeover of almost a quarter of U.S. uranium assets, it is in the public interest to determine the facts and circumstances of the transaction, including any potential donations that could have influenced the CFIUS review process. The purpose of CFIUS is to ensure that national security is not undermined by transactions that result in control of a U.S. business by a foreign person.
The timing of donations to the Clinton Foundation raises the appearance of potential influence in CFIUS’s review process. According to The New York Times, in September 2005, Mr. Frank Giustra won a uranium deal in Kazakhstan for UrAsia, his company at the time.2 The deal was cut days after he visited the country with President Bill Clinton and after that deal in 2006, Mr. Giustra donated $31.3 million to the Clinton Foundation.3 UrAsia eventually merged with a South African company and became Uranium One.
Reports further indicate that between 2008 and 2010, Uranium One and former UrAsia investors donated $8.65 million to the Clinton Foundation.4 During this period of time, Uranium One’s legal hold on the Kazakhstan-based uranium deposits was in doubt. Allegedly, Uranium One executives contacted U.S. Embassy officials in Kazakhstan to help ensure the validity of their mining licenses.5 According to The New York Times, the State Department cable explaining the circumstances was copied to Secretary Clinton, among other individuals.6 In 2009, when the validity of the mining licenses was at issue, the Chairman of Uranium One, Mr. Ian Telfer, donated $1 million to the Clinton Foundation via his family charity called the Fernwood Foundation.7 In the same year, ARMZ acquired a 17% stake in Uranium One and the parties sought an initial CFIUS review.8
In June 2010, Rosatom, via ARMZ, sought majority ownership in Uranium One. According to news reports, Mr. Telfer donated $250,000 to the Clinton Foundation during this crucial time.9 In total, Mr. Telfer donated over $2 million through 2013.10 In addition, in June 2010, President Clinton was paid $500,000 for a speech in Russia, funded by a Russian investment bank that assigned a buy rating to Uranium One stock and also reportedly had ties to the Kremlin.11 In October 2010, CFIUS approved Rosatom’s plan to acquire a controlling 51% stake and, in January 2013, Rosatom purchased all remaining Uranium One shares.12
If the news reports are true, Secretary Clinton’s involvement in the decision-making process needs to be more closely examined given that the Clinton Foundation was accepting donations from parties who had a stake in the outcome of the uranium deal.
Similar Deals Denied by CFIUS
In contrast to the Rosatom deal, similar transactions have been scuttled by CFIUS. For example, in December 2009, Northwest Nonferrous International Investment Corp, a subsidiary of China’s largest aluminum producer, attempted to acquire a U.S. based mining company.13
2:07 PM, Jun 23, 2015 • By JERYL BIER
Bill and Hillary Clinton vacationed in the Dominican Republic around New Years, visiting at least two exclusive resorts, Punta Cana and the Casa de Campo. The once-and-possibly-future first couple spent the week, of course, under the watchful eye of the U.S. Secret Service, but the security required for the trip didn't come cheap.
9:39 AM, Jun 23, 2015 • By MICHAEL WARREN
Former Clinton advisor Paul Begala told CNN's Chris Cuomo Tuesday morning that Hillary Clinton "absolutely" has to answer for standing by her husband when he served as governor of Arkansas and defended that state's flag's relationship to the Confederate battle flag.
"Does she have to answer for her time as first lady in Arkansas with Bill standing by the Arkansas flag proudly when it, too, is said to borrow from the Confederate symbology?" Cuomo said.
"Well, sure, absolutely," said Begala. "Times change. Circumstances change." Watch the video below:
Pity the woman’s admirers Jun 29, 2015, Vol. 20, No. 40 • By ANDREW FERGUSON
When news broke this spring about Bill and Hillary Clinton’s appetite for other people’s money and their indifference to other people’s rules, I was rereading my way through a shelf of old Hillary biographies. My memory thus was doubly stimulated. In the fresh revelations, as in the books, the traits of the Clintons were spread out for a new generation to marvel at: the furtiveness, the shifting accounts of hazy events, the parsing of language, the bald and unnecessary denial of often trivial facts (did she have two phones or one?).
1:05 PM, Jun 17, 2015 • By JONATHAN V. LAST
Let's stipulate to a few things concerning the Republican 2016 field:
* It's historically big, and unusually high quality.
8:49 PM, Jun 6, 2015 • By DANIEL HALPER
Bill Clinton attended the funeral of the son of Vice President Joe Biden earlier today in Wilmington, Delaware and then headed up north to see American Pharoah win the Triple Crown at the Belmont Stakes in New York.
Pictures of the former president were shared by numerous Twitter users:
"No press is allowed."2:35 PM, Jun 3, 2015 • By MICHAEL WARREN
Former president Bill Clinton will be the keynote speaker at a conference of health-insurance executives this week. America's Health Insurance Plans, the largest health-insurance provider trade group in the country, is holding its Institute 2015 conference in Nashville this week. Clinton, whose wife Hillary is running for president, will close out the conference Friday afternoon with his address to attendees.
At least.3:33 PM, Jun 1, 2015 • By JERYL BIER
Bill Clinton, no stranger to controversy, raised eyebrows again with a Clinton Global Initiative gathering last month, as ABC News put it, "at a five-star luxury hotel in Morocco [hosted] by one of the world's most controversial mining companies, criticized for 'serious human rights violations' by the Robert F.
1:57 PM, May 29, 2015 • By DANIEL HALPER
Bill Clinton is defending his family foundation. In an email to supporters, the former president is blaming "the political season in America" for criticism of the foundation.
"Chelsea and I recently returned from a trip to Africa where we saw the results of the work that you support through the Clinton Foundation. We make this trip almost every year to see the work our Foundation, the Clinton Health Access Initiative (CHAI), and CGI partners do, and the people we're able to help," writes the spouse of the presidential candidate.
8:36 AM, May 29, 2015 • By DANIEL HALPER
In a 41-second video that's set to be released later this morning, the Republican National Committee is using a populist message to hit Hillary Clinton for "hypocrisy."
The video mainly features a snippet from a speech Clinton delivered on Wednesday, May 27, at the South Carolina Democratic Women's Council. "Because we're going to have to stand up to the people who want to keep the deck stacked in favor of those at the top. We're going to have to fight to make sure that the success of our country is shared across the economy," Clinton says in the RNC ad.
3:51 PM, May 26, 2015 • By DANIEL HALPER
Bill Clinton has a secret "pass-through" company named WJC, LLC. WJC, of course, is the former president's initials, William Jefferson Clinton.
7:28 PM, May 25, 2015 • By DANIEL HALPER
Hillary Clinton and her husband, Bill Clinton, made their first joint appearance since the start of the 2016 presidential campaign. The event was a Memorial Day parade in Chappaqua, New York, the location of one of their multi-million dollar homes.
Hillary tweeted out a picture of her standing next to her husband:
Clinton Foundation trying to downplay O'Malley's connections to the organization?12:57 PM, May 20, 2015 • By JERYL BIER
As former Maryland governor Martin O'Malley emerges as perhaps the most significant threat to Hillary Clinton in her quest for the Democratic nomination for president, the Bill, Hillary, and Chelsea Clinton Foundation may be trying to downplay O'Malley's connections to the organization.
Hard Day's Work.5:31 PM, May 19, 2015 • By JERYL BIER
Disclosure forms filed with the Federal Election Commission by Hillary Clinton provide fascinating details of the remarkable money-making machine that is the once-and-possibly-future first couple.