Category Archives: Industry Jobs Oil Economics

Hey Harry Reid, Ken Salazar, Kislyak What About Uranium One?

Posted on by

Note the date of this article….

In 2009, Gregory B. Jaczko was appointed to head the Nuclear Regulatory Commission by Barack Obama and his previous position was working for Harry Reid as his appropriations advisor as well as his science advisor.

PHOENIX — 

U.S. officials said Wednesday that they have proposed ending the Obama administration’s ban on new uranium mining leases on public land outside Grand Canyon National Park.

The Forest Service proposed the change in response to President Donald Trump’s executive order for federal agencies to eliminate restrictions on energy production. The Trump administration has moved to unravel former President Barack Obama’s environmental regulations aimed at curbing climate change.

“Adoption of this recommendation could reopen lands to mineral entry pursuant to the United States mining laws facilitating exploration for, and possibly development of, uranium resources,” according to a report last week by the Forest Service’s parent agency, the Department of Agriculture.

The Oct. 25 report also said it’s in the national interest “to promote the clean and safe development of America’s vast energy resources.” Nuclear power plants use uranium as fuel.

Conservationists are decrying the Forest Service’s move, saying that past uranium mining in the region has polluted soils, washes, aquifers and drinking water.

“The Forest Service should be advocating for a permanent mining ban, not for advancing private mining interests that threaten one of the natural wonders of the world,” said Amber Reimondo, energy program director of the Grand Canyon Trust based in Flagstaff.

In 2012, then-Interior Department Secretary Ken Salazar banned new hard rock mining for 20 years on more than 1 million acres of national forest and Bureau of Land Management land near the Grand Canyon. He said he was acting to protect a “priceless American landscape.”

The ban did not affect existing mining claims in the region.

***  photo

TheHill: After the Obama administration approved the sale of a Canadian mining company with significant U.S. uranium reserves to a firm owned by Russia’s government, the Nuclear Regulatory Commission assured Congress and the public the new owners couldn’t export any raw nuclear fuel from America’s shores.

“No uranium produced at either facility may be exported,” the NRC declared in a November 2010 press release that announced that ARMZ, a subsidiary of the Russian state-owned Rosatom, had been approved to take ownership of the Uranium One mining firm and its American assets.

A year later, the nuclear regulator repeated the assurance in a letter to Sen. John Barrasso, a Wyoming Republican in whose state Uranium One operated mines.

“Neither Uranium One Inc. nor AMRZ holds a specific NRC export license. In order to export uranium from the United States, Uranium One Inc. or ARMZ would need to apply for and obtain a specific NRC license authorizing the exports of uranium for use in reactor fuel,” then-NRC Chairman Gregory Jaczko wrote to Barrasso.

The NRC never issued an export license to the Russian firm, a fact so engrained in the narrative of the Uranium One controversy that it showed up in The Washington Post’s official fact-checker site this week. “We have noted repeatedly that extracted uranium could not be exported by Russia without a license, which Rosatom does not have,” the Post reported on Monday, linking to the 2011 Barrasso letter.

Yet NRC memos reviewed by The Hill show that it did approve the shipment of yellowcake uranium — the raw material used to make nuclear fuel and weapons — from the Russian-owned mines in the United States to Canada in 2012 through a third party. Later, the Obama administration approved some of that uranium going all the way to Europe, government documents show.

NRC officials said they could not disclose the total amount of uranium that Uranium One exported because the information is proprietary. They did, however, say that the shipments only lasted from 2012 to 2014 and that they are unaware of any exports since then.

NRC officials told The Hill that Uranium One exports flowed from Wyoming to Canada and on to Europe between 2012 and 2014, and the approval involved a process with multiple agencies.

Rather than give Rosatom a direct export license — which would have raised red flags inside a Congress already suspicious of the deal — the NRC in 2012 authorized an amendment to an existing export license for a Paducah, Ky.-based trucking firm called RSB Logistics Services Inc. to simply add Uranium One to the list of clients whose uranium it could move to Canada.

The license, reviewed by The Hill, is dated March 16, 2012, and it increased the amount of uranium ore concentrate that RSB Logistics could ship to the Cameco Corp. plant in Ontario from 7,500,000 kilograms to 12,000,000 kilograms and added Uranium One to the “other parties to Export.”

The move escaped notice in Congress.

Officials at RSB, Cameco and Rosatom did not return repeated phone calls or emails seeking comment.

Uranium One’s American arm, however, emailed a statement to The Hill on Wednesday evening confirming it did export uranium to Canada through the trucking firm and that 25 percent of that nuclear fuel eventually made its way outside North America to Europe and Asia, stressing all the exports complied with federal law.

“None of the US U308 product produced to date has been sold to non-US customers except for approximately 25% which was sold via book transfer at the conversion facilities to customers from Western Europe and Asia,” executive Donna Wickers said. “Any physical export of the product from conversion facilities to non-US destinations is under the control of such customers and subject to NRC regulation.”

The United States actually imports the majority of the uranium it uses as fuel. In 2016, according to the U.S. Energy Information Administration, 24 percent of the imports came from Kazakhstan and 14 percent came from Russia.

The sale of Uranium One to a Russian state-owned firm, however, has created political waves that have led to multiple congressional investigations. Republicans say they want to learn how the sale could have been approved and whether there was political interference.

“The more that surfaces about this deal, the more questions it raises,” Sen. Chuck Grassley (R-Iowa) said in a statement released after this story was published. Grassley, the chairman of the Senate Judiciary Committee, has launched an investigation into Uranium One.

“It now appears that despite pledges to the contrary, U.S. uranium made its way overseas as a part of the Uranium One deal,” Grassley said in the statement. “What’s more disturbing, those transactions were apparently made possible by various Obama Administration agencies while the Democrat-controlled Congress turned a blind eye.

“Americans deserve assurances that political influence was not a factor in all this. I’m increasingly convinced that a special counsel — someone with no prior involvement in any of these deals — should shine a light on this ordeal and get answers for the American people.”

Government officials told The Hill that the NRC was able to amend the export license affecting Uranium One because of two other decisions previously made by the Obama administration as part of a Russian “reset” in President Obama’s first term.

First, Obama reinstated a U.S.-Russia civilian nuclear energy cooperation agreement. President George W. Bush had signed the agreement in 2008, but withdrew from it before it could take effect after Russia became involved in a military conflict with the former Soviet republic of Georgia, a U.S. ally, and after new concerns surfaced that Moscow was secretly aiding Iran’s nuclear weapons ambitions.

Obama re-submitted the agreement for approval by the Democrat-controlled Congress in May 2010, declaring Russia should be viewed as a friendly partner under Section 123 the Atomic Energy Act of 1954 after agreeing to a new nuclear weapons reduction deal and helping the U.S. with Iran.

“I have concluded: (1) that the situation in Georgia need no longer be considered an obstacle to proceeding with the proposed Agreement; and (2) that the level and scope of U.S.-Russia cooperation on Iran are sufficient to justify resubmitting the proposed agreement to the Congress,” Obama said in a statement sent to Congress.

Congress took no action, which allowed the deal to become effective 90 days later.

The other step that allowed uranium from the Russian-controlled mines in the United States to be exported came in 2011, when the Commerce Department removed Rosatom, Uranium One’s owner, from a list of restricted companies that could not export nuclear or other sensitive materials or technologies without special approval under the Export Administration Regulations.

“This final rule removes the Federal Atomic Power of Russia (Rusatom) now known as the Russian State Corporation of Atomic Energy (Rosatom),” the Commerce Department’s Bureau of Industry and Security declared in a May 24, 2011, notice in the Federal Register that created few waves.

Rosatom had been on the list for a long time, so long in fact that it was still listed in the federal database under its old name, Rusatom. Officials said the effort to remove the Russian nuclear firm was a “policy decision” driven by the State Department, Energy Department, Commerce Department and other agencies with Russia portfolios designed to recognize that bilateral relations between Russia and the United States had improved slightly.

Nine months after Rosatom was removed from the export restrictions list, the NRC issued its license amendment to the trucking firm in March 2012 that cleared the way for Uranium One exports, making it effective for nearly five years, to the end of 2017. But the NRC also stipulated that Uranium One’s uranium should be returned to the United States.

“The uranium authorized for export is to be returned to the United States,” the NRC instructed in the export license amendment.

But that, too, didn’t happen. Officials told The Hill that the Energy Department subsequently gave approval for some of the American fuel to depart Canada and be exported to European enrichment centers, according to a 2015 letter the NRC sent to Rep. Pete Visclosky (D-Ind.).

The NRC explained to Visclosky that it had originally stipulated that after the American uranium was treated in Canada, it had to “then return the uranium to the U.S. for further processing.”

“That license stated that the Canadian Government needed to obtain prior approval before any of the U.S. material could be transferred to any country other than the U.S.,” the letter added. “Subsequently the U.S. Department of Energy granted approval for some re-transfers of U.S. uranium from the Canadian conversion facilities to European enrichment plants.”

The NRC added, however, it did not believe any of the American uranium made its way “directly” to Russia. And it added that the whole supply chain scenario was made possible by the resubmission of Obama’s Section 123 agreement in 2010.

“The transfer of the U.S.-supplied uranium from Canada to Europe noted above also was subject to applicable Section 123 agreements,” the NRC noted. Section 123 is the part of the Atomic Energy Act that allows for the U.S. to share civilian nuclear technology and goods with allies.

The Uranium One deal has been controversial since at least 2015, when The New York Times reported former President Bill Clinton received a $500,000 speech fee from a Russian bank and millions in donations to his charitable foundation from sources interested in the deal around the time the Uranium One sale was being reviewed by Secretary of State Hillary Clinton’s State Department and eight other federal agencies.

Hillary Clinton has said she delegated the approval decision to a deputy on the Committee on Foreign Investment in the United States (CFIUS) and did not apply any pressure. Bill Clinton has said the monies he received had no bearing on his wife’s policymaking decisions.

The 2015 Times article included a single reference to Uranium One officials saying they believed some of its American uranium made its way to Europe and Japan without any reference to how that occurred.

NRC officials said the multiple decisions documented in the memos, including the 2012 amendment of the third-party export license, provide the most complete description to date of how Russian-owned uranium ended up getting exported from the United States.

The entire Uranium One episode is getting a fresh look after The Hill disclosed late last month that the FBI had gathered extensive evidence in 2009 — before the mine sale was approved — that Rosatom’s main executive in the United States was engaged in a racketeering scheme that included bribery, kickbacks, extortion and money laundering.

The probe was enabled by an undercover informant working for the FBI inside the Russian nuclear industry, court records show. But the Justice Department did not make that evidence public until 2014, long after Rosatom benefited from multiple favorable decisions from the Obama administration.

The Senate Judiciary, House Intelligence and House Oversight committees have all announced plans to investigate the new revelation, and the Justice Department has given approval for the undercover informant to testify for the first time about what he witnessed the Russians doing to influence Obama administration decisions favorable to Rosatom between 2009 and 2014.

Hillary Clinton and other Democrats have described the renewed focus on the Uranium One deal as simply a distraction from the current investigation into Russian interference in the 2016 election, in which Donald Trump became the 45th president. She also says that concerns about the Uranium One sale have long ago been “debunked.”

But it’s not just Republicans who have said that the revelation the FBI had evidence that Rosatom was engaged in criminality during the time it was receiving favorable decisions from the U.S. government deserves fresh scrutiny.

Sen. Dianne Feinstein (D-Calif.), a member of both the Senate Intelligence and Judiciary committees, told The Hill she would like to learn more about what the FBI knew.

Rep. Elijah Cummings (D-Md.) has criticized Republicans for investigating Clinton, but said on “Morning Joe” last month he has “no problem looking into” the Uranium One deal.

And Sen. Angus King (I-Maine) said Sunday on CNN that he believed it was appropriate for Congress to investigate the new information.

“One of the House committees has already begun an oversight committee hearing,” King said. “I always think oversight hearings are appropriate. I’ve been trying to understand this deal.”

King also repeated the oft-quoted narrative that the “company changed hands, but the uranium that is mined in the United States cannot leave the United States.” The NRC license now shows now that Uranium One was, in fact, allowed to export American uranium.

A legal expert on the CFIUS process told The Hill that the new revelation that the FBI knew that a Rosatom official was engaged in illegality on U.S. soil before the sale was approved could very well have affected the decision if that evidence had been made public in real time.

“Criminal behavior would be something the committee would take into consideration when evaluating a transaction with a foreign company,” said Stewart Baker, a foreign commerce law expert at the Steptoe Johnson firm. “It is a consideration, but it is not something that would guarantee a particular outcome.”

He said the committee board would need “to consider how serious the criminal behavior is, in the context of this transaction, how likely is it that someone acting against U.S. security interest would take action,” he added.

 

Read letter to Barrasso by kballuck1 on Scribd

 

Read NRC license amendment by kballuck1 on Scribd

Read Visclosky letter by kballuck1 on Scribd

Read Obama Section 123 statement by kballuck1 on Scribd

More here from The Hill

Proposed Tax Plan Called The Cut Cut Cut Bill?

Posted on by

It has been officially introduced. Do we like it? Check it out here.

If Schumer and Pelosi dont like it then perhaps it has some good things in it, right? Anyone talking about the spending and then servicing the debt?

photo

House Republicans are attempting the biggest transformation of the U.S. tax code in more than 30 years. The new bill aims to chop the corporate tax rate from 35% to 20%, as well as trim income tax brackets from seven to four, with the top rate of 39.6% to remain intact.

Here’s a look at the four new proposed tax brackets.

Currently, there are seven tax brackets: 10%, 15%, 25%, 28%, 33%, and 39.6%. 12%: This new rate applies to single filers starting at $12,000 up to $45,000 and married joint filers after the $24,000 deduction up to $90,000. 25%: This rate starts at $45,000 for single filers and $90,000 for married joint filers. 35%: This rate starts at $200,000 for single filers and $260,000 for married joint filers. 39.6%: This rate starts at $500,000 for single filers and one million plus for married couples.

The Heritage Foundation tax experts summarized it this way:

Months ago, conservatives began pressuring their lawmakers to ensure that tax reform followed five conservative principles. Here’s how the bill stacks up to those principles:

Lowering and Simplifying the Individual Tax Rates: The GOP proposal provides long overdue relief to millions of Americans by simplifying and lowering the individual tax rates to 12 percent, 25 percent, 35 percent and 39.6 percent. For married couples, the 25 percent rate starts at $90,000, the 35 percent rate starts at $260,000 and the top rate starts at $1 million. The bill will also double the standard deduction to $12,000 for individuals and $24,000 for families.

Lowering the Corporate Tax Rate: This bill will immediately lower the corporate rate to 20 percent — the rate demanded by conservatives for months — making American businesses more competitive with the rest of the world and providing hard working Americans with a much needed raise. Rates for small business pass throughs were also reduced by 15 percentage points, down to 25 percent.

Tax Free Entrepreneurship (Full Expensing): The GOP proposal includes full expensing for some investments that phases out after 5 years. This is a necessary boost to investment in the short-term, though improvements could be made as the process advances.

Establishing a Territorial Tax System: This bill attempts to eliminate the double taxation that defines our current worldwide tax system, though there are some provisions that could undermine the full value of that reform. Stay tuned for a more in-depth analysis.

Ending Cronyism in the Tax Code: Conservatives have also been fighting back against big-government special interest groups. The plan eliminates many special interest provisions including the State and Local Tax Deduction (SALT), though it allows a write off for property taxes. If not for conservative pushback, the swamp creatures would have been far more successful in defending the broken, corrupt status quo.

Here are some other things included in the bill you should know:

  • Repeals the Alternative Minimum Tax
  • Child tax credit goes to $1600 from $1000 plus additional $300 credit for parents and non-child dependents.
  • State and local deduction converted to property tax deduction with $10K cap
  • 401k’s are untouched
  • The Death Tax exemption will be doubled and eventually phased out after five years.
  • Preserves the home mortgage interest deduction for current mortgages and limits the deduction to $500,000 for new mortgages.
  • Preserves the Charitable Tax Deduction.

At first glance, the preliminary text released today has the potential to unleash economic growth, create American jobs, increase wages for American workers, allow families to keep more of their hard-earned money, and make U.S. businesses competitive across the globe.

According to documents released by Republicans on the House Ways and Means Committee, a typical middle-income family of four, earning $59K (median household income), will receive a $1,182 tax cut under this bill.

 

Foreign Agents in DC, at the White House?

Posted on by

Romanian leader seeks more Trump meetings

A Romanian politician sentenced to jail for rigging elections is trying to arrange meetings with Vice President Mike Pence and House Speaker Paul Ryan (R-Wis.), according to recent Justice Department filings.

Liviu Dragnea, who is speaker of Romanian Parliament’s lower chamber and party president, received a two-year suspended jail sentence last year for trying to rig a referendum election to impeach the country’s president.

Now, his Social Democratic Party is paying Washington public-affairs group Madison & Co. $100,000 to introduce Dragnea to Pence and Ryan “as soon as possible” and to arrange “political, media and academic meetings” for Dragnea. Operatives working on the case include Madison & Co. president Al Madison; Democratic lobbyist and “rainmaker” William Oldaker; Drew Willison, Senate Democratic Minority Leader Harry Reid’s (Nev.) final chief of staff; and William Harris, a Republican operative who “has worked for the Trump Organization on a variety of political and business matters,” according to a disclosure filing. The Justice Department has not yet released disclosures forms for Oldaker or Willison.

This wouldn’t be Dragnea’s first brush with members of the current administration. In the days before President Donald Trump’s inauguration, Dragnea met with the president-elect, now-former National Security Adviser Michael Flynn and Ed Royce (R-Calif), who chairs the House Foreign Affairs Committee.

*** Remember Guccifer is Romanian.

The Foreign Agents Registration Act is in fact a joke, but quite a lucrative one if you are part of a Washington DC law firm. As noted on the website, under the guidance and management of the Department of Justice:

The Foreign Agents Registration Act (FARA) was enacted in 1938. FARA is a disclosure statute that requires persons acting as agents of foreign principals in a political or quasi-political capacity to make periodic public disclosure of their relationship with the foreign principal, as well as activities, receipts and disbursements in support of those activities. Disclosure of the required information facilitates evaluation by the government and the American people of the statements and activities of such persons in light of their function as foreign agents. The FARA Registration Unit of the Counterintelligence and Export Control Section (CES) in the National Security Division (NSD) is responsible for the administration and enforcement of the Act.

The person at the Justice Department who is in charge of this division was Dana Boente. He suddenly resigned last week…..hummmm. Boente assumed the position of Deputy Attorney General, when Trump fired Sally Yates when she refused to defend Trump’s travel suspension executive order. Boente declared he would defend in court that executive order, but was that really true since he suddenly resigned?

Seems Boente was selected to oversee the department’s division handling the probe into alleged Russian election interference, overseeing efforts on cybersecurity and counterintelligence.

Another hummm

So back to foreign lobby and continued foreign interference in DC…

*** In part from Politico:

The last time I can remember a stir about a lobby firm evading disclosure law was in 2004, when Qorvis Communications’ offices were raided by the FBI in a probe about its work for the royal family of Saudi Arabia. However, nothing much came of it, and business carried on as usual among Washington lobbyists. Two years ago, reportedly, a number of Qorvis lobbyists quit because they were uncomfortable with the firm’s work. According to this 2015 story in the New York Observer, more than a third of Qorvis partners had left the firm—to start their own lobby shops—“partly because of the firm’s work on behalf of such clients as Yemen, Bahrain, Saudi Arabia and the Central African nation of Equatorial Guinea,” reported the Huffington Post. “‘I just have trouble working with despotic dictators killing their own people,’ said one Qorvis insider.”

The last time I can remember a stir about a lobby firm evading disclosure law was in 2004, when Qorvis Communications’ offices were raided by the FBI in a probe about its work for the royal family of Saudi Arabia. However, nothing much came of it, and business carried on as usual among Washington lobbyists. Two years ago, reportedly, a number of Qorvis lobbyists quit because they were uncomfortable with the firm’s work. According to this 2015 story in the New York Observer, more than a third of Qorvis partners had left the firm—to start their own lobby shops—“partly because of the firm’s work on behalf of such clients as Yemen, Bahrain, Saudi Arabia and the Central African nation of Equatorial Guinea,” reported the Huffington Post. “‘I just have trouble working with despotic dictators killing their own people,’ said one Qorvis insider.”

 

WH and State Dept Slowed Walked Russian Sanctions

Posted on by

While many are questioning Robert Mueller’s role into the Russian investigation, be sure to understand Russian operatives had an open door for at least 8 years and earlier than that there were clandestine Russian spy rings functioning across the country.

Much less there are dead Russians in the UK as well as in the United States, the risks are extraordinary.

Thanks to the Democrats and the greed of money where Russia was happy to comply for agreements to all their requests, the Russian probe goes beyond that common term of collusion.

The Obama administration launched the back channels for nuclear talks with Iran in 2009 in Oman. Obama needed the Russian vote, so all things concocted by the Kremlin were given a wink and nod by the Obama White House as well as the Hillary and John Kerry State Department.

So, we now have the Trump White House which has been slow and measured to take additional actions regarding Russia. The ‘why’ has a convoluted answer. There is/was Russian hacking. There were/are Russian trolls and bots in social media. There is Russian involvement in Silicon Valley known as Skolkovo. There is conflicted military airspace in Syria. There is Russian support of the Taliban. There are Russian operations in Cuba, Latin America, Libya, Iraq, Ukraine (…)

photo

Medvedev and Putin have a master plan and they are calculating and effective. One action results in unknown global consequences.

So, finally the Tillerson State Department provided approval of additional sanctions on Russia and Congress has the list. Is it enough or complete? Too early to know. However, the Magnitsky Act is gaining approval in countries allied to United States and Putin is seeking revenge by any means necessary including through Interpol.

  photo

Read on:

WASHINGTON — The State Department gave Congress a list Thursday of 39 Russian individuals and entities it says support the Russian government’s intelligence and defense sectors. Early next year, anyone in the U.S. doing business with entities on that list will be hit with sanctions by the Trump administration.

“Secretary of State Rex Tillerson has authorized the department to issue guidance to the public specifying the persons or entities that are part of or operating on behalf of the defense or intelligence sectors of the government of the Russian Federation,” said State Department spokesperson Heather Nauert.

After President Trump signed sanctions legislation in August, the administration gave the State and Treasury Departments the authority to draw up a list of entities that enable Moscow’s intelligence and defense sectors. The State Department had a deadline of October 1 to send the list to Congress. Now, nearly a month late, State has done so.

There had been growing criticism that the administration was slow-walking the process. The State Department cited the complexity of the process when asked about the delay. Nauert also explained that Secretary of State Rex Tillerson is “very hands-on in these types of things.”

Experts on Russia who reviewed the list, which was obtained by CBS News, say it covers most of the Russian defense sector.

“This seems to be a comprehensive list that broadly covers a significant portion of the Russian defense industry,” said Mark Simakovsky, a former Defense Department official and Atlantic Council fellow. “The administration likely took very seriously the review, required of the legislation, and has sought to abide by the terms.”

Five of the six Russian defense contractors listed on the State and Treasury list are among the 100 biggest defense companies worldwide.

Rosoboronexport OJSC, which is on the list, is one of Russia’s largest exporters of defense products. Its partner company, Rostec, promotes technology products in both the civil and defense sectors and is also on the list. On the intelligence side, the Federal Security Service (FSB) and the Foreign Intelligence Service (SVR) are included.

The State Department is making the entire list public in advance of actual sanctions implementation in order to alert U.S. stakeholders, primarily those who do business with these companies, early notice, so they can draw down those transactions. If they don’t, they, too, will face sanctions.

“These are the types of entities that they can no longer do business with,” State Department Spokeswoman Heather Nauert said. “So it helps them to at least make their business decisions and be able to decide on the best course of action going forward,” she said.”

Making the list public before sanctions go into effect is a departure from the usual State Department policy of waiting for the sanctions to be announced. Congressional aides acknowledged that this caveat, which essentially enables both U.S. companies and the Russian companies to prepare, was a concern as the legislation was nearing its final hours before passage. In the end, there was no major effort to change this.

Once the Senate passed its sanctions legislation with an overwhelming majority, it put pressure on the House to pass it as well. Democrats applied intense pressure not to change anything because they did not want to water down the bill.

Senator Bob Corker, R-Tennessee, the chairman of the Senate Foreign Relations Committee, called the list a “good first step in responsibly implementing a very complex piece of legislation.” Senators Ben Cardin, D-Maryland, and John McCain, R-Arizona also welcomed the list as part of the effort to hold Russia accountable for interfering in the 2016 U.S. presidential election.

The two senators noted that questions remain about the implementation of the sanctions. Under the current plan, beginning Jan. 29, individuals involved in “significant” transactions with entities on the list will also be sanctioned. It’s still up to the State Department to determine how the sanctions are applied. McCain and Cardin are concerned about how the agency will come up with the staffing and resources to carry out the sanctions. In their statement they pointed out reports that say the sanctions office has been closed and “a number of its staff have resigned.” The policy planning staff, which doesn’t usually play a role in operations, is being tasked with implementing the sanctions.

Providing dedicated staffing and resources within the State Department will demonstrate the administration’s commitment to carrying out this vitally important law,” wrote McCain and Cardin.

The sanctions law signed by Mr. Trump in August targeted Iran and North Korea, in addition to Russia. It maintains and expands sanctions against the Russian government, Russian crude oil projects and also targets those who evade foreign sanctions and entities that abuse human rights. The legislation also prevents the president from unilaterally easing or lifting sanctions against Russia, a provision that came after Mr. Trump had consistently espoused the idea of a warming of relations with Russia, even in the face of the intelligence community’s conclusion that Russia had meddled in the 2016 elections.

Uranium One Goes Back to ‘Senator’ Hillary Clinton

Posted on by

The Clinton’s were masters at cunning operations for power, money and access. Along the way, they exploited people for help and threw others under the bus. The Clinton’s were crafty and cunning enough to ensure their fingerprints were never on the evidence and deferred to loyal lawyers due to the ability to apply attorney client privileges.

Going back in time and space with Hillary takes us to at least as far back as when she was a New York senator, the foundation and her craft in politics. Conspiracy and connivance were and are a daily action by Hillary. Not all the blame with Uranium One belongs to Hillary. There are her lawyers and powerbrokers globally that belong to this network.

Russia has intruded into all things America because at least Hillary and the Obama administration allowed them in.

There were several members of congress that had various depths of knowledge regarding selling uranium to Russia and expressed concerns including documents to Obama administration officials only to get nothing. Assigned FBI agents admitted being stonewalled due to ‘politics’ as well to the informant.

So, what did the media know and did they report? Yes, some of them for sure, yet there were so many scandals running concurrently, it was hardly noticed if at all. Even the New York Times reported.

As a refresher:

2015/The story involves a Canadian company called Uranium One, a Russian investor, the State Department, and The Clinton Foundation.

“As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation,” The Times reports.

Here’s the high-level summary. There are more details below.

• Canadian company Uranium One owned uranium mines in the US and Kazakhstan.

• Uranium One’s mines account for 20% of the uranium mined in the US. Uranium is used for nuclear weapons, and it’s considered a strategic asset to the US.

• Russia’s state-owned atomic agency, Rosatom, bought a 17% stake in Uranium One in June 2009.

• The Russian atomic agency decided it wanted to own 51% of Uranium One in June 2010. To take a majority stake in Uranium One, it needed approval from a special committee that included the State Department, which Hillary Clinton led at the time.

• Investors in Uranium One gave money to the Clinton Foundation starting in 2005 and through 2011. On June 29, 2010, Bill Clinton was paid $500,000 to speak in Russia by an investment bank with ties to Russia’s government that had a buy rating on Uranium One’s stock.

• In January 2013, despite assurances to the contrary, a subsidiary of Rosatom took over 100% of the company and delisted it from the Toronto Stock Exchange.

• Clinton was required to disclose all of her foundation’s contributors before she became secretary of state, but the Clintons did not disclose millions of dollars donated by the chairman of Uranium One while the review of the deal was ongoing.

“Uranium One’s chairman used his family foundation to make four donations totaling $2.35 million,” The Times reports. “Those contributions were not publicly disclosed by the Clintons, despite an agreement Mrs. Clinton had struck with the Obama White House to publicly identify all donors. Other people with ties to the company made donations as well.”

The Times’ revelations appear to have originated from reporting in “Clinton Cash,” a forthcoming book by conservative author Peter Schweizer, which was provided to the newspaper for advance reporting. The report said The Times “scrutinized his information and built upon it with its own reporting.”

The Clinton campaign and its allies have aggressively dismissed the book as partisan conspiracy-mongering. In a statement to The Times, Clinton spokesman Brian Fallon said the State Department was only one of multiple US government bodies that approved the transaction.

“[No one] has produced a shred of evidence supporting the theory that Hillary Clinton ever took action as secretary of state to support the interests of donors to the Clinton Foundation,” Fallon told The Times. “To suggest the State Department, under then-Secretary Clinton, exerted undue influence in the US government’s review of the sale of Uranium One is utterly baseless.”

Here are some key points from the Times report:

  • According to The Times, Uranium One’s involvement with the Clintons stretches back to 2005, when former President Bill Clinton accompanied Canadian mining financier Frank Giustra to Kazakhstan, where they met with authoritarian president Nursultan Nazarbayev. Going against American foreign policy at the time, Bill Clinton expressed support for Nazarbayev’s bid to lead an international elections monitoring group.
  • Soon after, Giustra’s company, UrAsia Energy (the predecessor to Uranium One) won stakes in three uranium mines controlled by Kazakhstan’s state-run uranium agency. Months after the deal, Giustra reportedly donated $31.3 million to Clinton’s foundation.

Kazakh President Nursultan Nazarbayev greets former U.S. president Bill ClintonKazakh President Nursultan Nazarbayev with former US President Bill Clinton in Almaty in 2005. Clinton traveled to the ex-Soviet Central Asian state to sign an agreement with the government, admitting Kazakhstan into the Clinton Foundation HIV/AIDS Initiative Procurement Consortium.REUTERS/Shamil Zhumatov SZH/DH

  • After the legality of the Kazakhstan deal was called into question, Uranium One asked the American embassy in Kazakhstan for help. Uranium One’s executive vice president copied then-Secretary of State Hillary Clinton on a cable saying he wanted an official written confirmation that the company’s licenses in Kazakhstan were still valid, according to The Times. Soon after, the embassy’s energy officer met with Kazakh officials.
  • In June 2009 ARMZ, a subsidiary of Russia’s atomic energy agency Rosatom, finalized a deal for a 17% stake in Uranium One. In June 2010, the Russian government sought a 51% controlling stake in the company that would have to be approved by the American government. Rosatom also said that after that, the agency “did not plan to increase its stake in Uranium One or to take the company private,” The Times noted in a timeline of the events.
  • Investors with ties to Uranium One and UrAsia donated millions to the foundation in 2010 and 2011. These donations were disclosed. In addition to this, Bill Clinton was paid $500,000 to speak in Moscow in June 2010, the same month that the Russians closed the deal for the majority stake in Uranium One. The speaking fee was one of Clinton’s highest, according to The Times.
  • The US Committee on Foreign Investment, which includes the attorney general, the secretaries of the Treasury, Defense, Homeland Security, Commerce and Energy, and the secretary of state, were charged with reviewing the deal that would give Rosatom a majority stake because uranium is “considered a strategic asset with implications for national security,” according to The Times.
  • The concern was American dependence on foreign uranium. The Times notes that while the US “gets one-fifth of its electrical power from nuclear plants, it produces only around 20% of the uranium it needs, and most plants have only 18 to 36 months of reserves.”
  • Four members of Congress signed a letter expressing concern over the deal, and two others drafted legislation to kill it. One senator contended that the deal “would give the Russian government control over a sizable portion of America’s uranium production capacity” as well as “a significant stake in uranium mines in Kazakhstan.” The Nuclear Regulatory Commission made assurances that the US uranium would be preserved for domestic use regardless of the deal.
  • Final say over the deal rested with the foreign investment committee, “including Mrs. Clinton — whose husband was collecting millions of dollars in donations from people associated with Uranium One,” The Times notes.
  • After the deal was approved in October 2010, Rosatom’s chief executive, Sergei Kiriyenko, said in an interview with Russian President Vladimir Putin: “Few could have imagined in the past that we would own 20% of US reserves.”
    • A source with knowledge of the Clintons’ fundraising pointed out to The Times that people donate because they hope that money will buy influence. The source said: “Why do you think they are doing it — because they love them?”
    • Despite claims by Russia that the country didn’t intend to increase its stake in Uranium One or take the company private, ARMZ — the subsidiary of Russia’s atomic energy agency — took over 100% of the company and delisted it from the Toronto Stock Exchange in January 2013.

    “Whether the donations played any role in the approval of the uranium deal is unknown,” The Times concluded. “But the episode underscores the special ethical challenges presented by the Clinton Foundation, headed by a former president who relied heavily on foreign cash to accumulate $250 million in assets even as his wife helped steer American foreign policy as secretary of state, presiding over decisions with the potential to benefit the foundation’s donors.”

    Now that Hillary Clinton formally announced a presidential run, her foundation has come under increasing scrutiny.

    Her family’s charities are refiling at least five tax returns after Reuters found errors in how the foundations reported donations from governments, the news wire reported this week.