Category Archives: The Denise Simon Experience

Trump Halts Federal Retirement Accounts Investing in China

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In February of 2020, this site published an article describing the California Public Pension Fund’s investment in Chinese stocks could lead to national security risks and even spying. The value of the fund is $3.1 Billion. Meanwhile, Speaker Pelosi refuses to approve House committee hearings on anything related to China….

The Chinese Communist Party has both different accounting rules for corporations reporting financial data and or refuses to release any accounting data. How and why Chinese companies are listed on U.S. Stock Exchanges in the first place is an unanswered question and one that is likely being reviewed now by the Securities and Exchange Commission along with several other agencies due to a very contested relationship between the U.S. and China due to the virus outbreak.

Please find linked a complete list of all Chinese companies listed on the NASDAQ, New York Stock Exchange, and NYSE American, the three largest U.S. exchanges. As of February 25, 2019, there were 156 Chinese companies listed on these U.S. exchanges with a total market capitalization of $1.2 trillion.

An asterisk next to the stock symbol indicates a company with at least 30 percent state ownership. As of February 25, 2019, there were at least 11 Chinese state-owned companies listed on the three major U.S. exchanges.

A highlighted row indicates a company that was not included on the Public Company Accounting Oversight Board’s (PCAOB) September 2018 review of non-U.S. companies where the PCAOB is denied access to conduct inspections.

So as an interesting measure to begin measures against China, President Trump issued a letter to the Labor Secretary to halt investments in Federal Savings Plans in Chinese equities.

 

 

 

 

 

 

 

 

 

 

A second letter was sent by the Secretary of Labor to the Thrift Investment Board and that is found here.

Rather than the normal contested and really stupid questions that the media asks during White House daily briefings, there are some real questions that should be asked and they include all things China.

For some context on how China is all over the United States, consider the information below.

For many Chinese companies, their dreams of listing in New York are only on hold.

Some high-profile Chinese stocks listed in the U.S. such as Luckin Coffee, the self-proclaimed Starbucks rival in China, have been rocked following allegations by short-sellers that these companies faked their numbers, accusations that in some cases are now being internally investigated.

The reports are the latest challenge for Chinese initial public offerings in New York, on top of U.S.-China trade tensions and the impact of the coronavirus.

But some in the cross-border IPO business say the listing plans are just delayed, not canceled.

“I do know Chinese companies that are planning to list this summer as soon as after Labor Day,” said Jim Fields, a Shenzhen-based producer of videos for Chinese companies presenting to potential IPO investors in the U.S. China celebrates the holiday on May 1.

Fields noted the new IPO timeframe is a delay of about one to three months.

Last year, 25 Chinese issuers went public in the U.S., in addition to three special-purpose acquisition companies — companies that raise money to buy another — according to Renaissance Capital, which sells IPO-focused exchange-traded funds. That’s down from 32 Chinese listings in 2018, which was double that of the prior year and the most since 2010.

Despite geopolitical and epidemiological challenges in the first three months of this year, seven Chinese companies and three special-purpose acquisition companies went public in the U.S., according to Matthew Kennedy, IPO market strategist at Renaissance Capital.

“We suspect several more had planned to list, but delayed their offerings amid the Covid-19 outbreak,” Kennedy said in an email. “As we noted in our 1Q20 Review, China appears to be the first country emerging from the pandemic, so Chinese companies may also be first to return to the IPO market. However, these financial scandals do reputational damage to Chinese issuers broadly.”

On April 2, Luckin Coffee announced an internal investigation found the chief operating officer fabricated sales by about 2.2 billion yuan ($314 million) from the second to fourth quarter of last year. Shares have plunged more than 80% since the latest disclosure this month, and have been halted for pending news for roughly the last week.

About two months ago, investment firm Muddy Waters said it was shorting, or betting on a decline in the price of the stock, based on an anonymous report that alleged the coffee company fabricated financial and operating numbers beginning in the third quarter of last year. Luckin said at the time the allegations were “misleading and false.”

The company did not respond to a request for comment. Representatives from Nasdaq and the New York Stock Exchange were not available for interviews for this story.

Other high-profile U.S.-listed stocks have come under scrutiny in the last several days.

Shares of video streaming site iQiyi, which is majority-owned by search giant Baidu, dipped last week after a report by Wolfpack Research alleged the video company inflated revenue by about $1 billion to $2 billion. Muddy Waters said it assisted Wolfpack with the report and is also betting against iQiyi’s stock. The Chinese company said in a statement it believed the report contained “errors” and was “misleading.”

China's hottest companies - Tal Education (8) - CNNMoney

Tutoring company TAL Education announced last week it suspected an employee of inflating sales for its “Light Class” product, which accounts for about 3% or 4% of the company’s total estimated revenues. TAL said the employee has been taken into custody by the local police. More here.

Grenell is on a Mission to Expose the Unmaksing Scandal

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Primer: (Hint, Flynn was not a target to be unmasked, but remember the name Mary McCord and the unmasking list will be fascinating)
Back in 2017 to set up what is about to happen in coming days –>

The chairman of the House Intelligence Committee is accusing top political aides of President Obama of making hundreds of requests during the 2016 presidential race to unmask the names of Americans in intelligence reports, including Trump transition officials.

Intelligence Chairman Devin Nunes (R-Calif.), in a letter to Director of National Intelligence Dan Coats, said the requests were made without specific justifications on why the information was needed.

“We have found evidence that current and former government officials had easy access to U.S. person information and that it is possible that they used this information to achieve partisan political purposes, including the selective, anonymous leaking of such information,” Nunes wrote in the letter to Coats.

The letter was provided to The Hill from a source in the intelligence community.

In March, Nunes disclosed that he had seen data suggesting Trump campaign and transition officials were having their names unmasked by departing officials in the Obama White House.

National Security Adviser Susan Rice and CIA Director John Brennan have acknowledged making such requests though they insisted the requests were for legitimate work reasons.

Nunes recused himself from his committee’s work on its investigation over Russia’s meddling in the 2016 campaign after a controversy over his charges about Obama-era unmasking.

The chairman had reviewed intelligence reports on White House grounds that he said showed unmasking of Trump officials by Obama aides. Democrats accused him of working with the White House to make the disclosures.

In Thursday’s letter, Nunes said the total requests for Americans’ names by Obama political aides numbered in the hundreds during Obama’s last year in office and often lacked a specific intelligence community justification. He called the lack of proper justifications a “serious deficiency.”

His letter noted requests from senior government officials, unlike career intelligence analysts, “made remarkably few individualized justifications for access” to the U.S. names.

“The committee has learned that one official, whose position had no apparent intelligence related function, made hundreds of unmasking requests during the final year of the Obama administration,” Nunes wrote. “Of those requests, only one offered a justification that was not boilerplate.”

Sources familiar with the Nunes letter identified the official as then-U.N. Ambassador Samantha Power.

Power did not immediately respond to a request for comment.

Nunes also wrote that “Obama-era officials sought the identities of Trump transition officials within intelligence reports.”

Nunes said he intends to introduce legislation to address concerns about the unmasking process impacting Americans’ privacy.

Ordinarily, Americans whose email or phone data or conversations are intercepted by the National Security Agency without a warrant overseas are legally required to have their names redacted or masked with descriptions like “U.S. person 1” to protect their identities in intelligence reports.

But beginning in 2011, Obama loosened the rules to make it easier for intelligence officials and his own political aides to request that the names be unmasked so they could better understand raw intelligence being gathered overseas.

The change has been criticized by liberal groups like the ACLU and conservatives like Nunes because of the privacy implications.

***  Mission Possible – DNI Richard Grenell Delivers Satchel of ...

Media late last week showed Ambassador Ric Grenell and Acting DNI Director walking into the Department of Justice holding a satchel. Now we may know the contents.

In part from ABC News:

Acting Director of National Intelligence Richard Grenell has declassified a list of former Obama administration officials who were allegedly involved in the so-called “unmasking” of former national security adviser Michael Flynn in his conversations with the former Russian ambassador during the presidential transition, a senior U.S. official tells ABC News.

Grenell, who remains the U.S. ambassador to Germany along with being the acting DNI, visited the Justice Department last week and brought the list with him, according to the official.

His visit indicates his focus on an issue previously highlighted in 2017 by skeptics of the investigation into the Trump campaign’s contacts with Russia, specifically allegations that former officials improperly unveiled Flynn’s identity from intercepts of his call with former Russian ambassador Sergey Kislyak.

In May 2019, Trump empowered Barr with declassification authority for his broader investigation into the Russia probe.

While the law requires that identifying information of U.S. persons picked up during foreign surveillance be “masked,” high-ranking intelligence officials can request the identities be revealed if they feel the information is necessary to further understand the intercepts.

Former Obama national security adviser Susan Rice has openly acknowledged unmasking the identities of some senior Trump officials during the presidential transition but has strenuously denied ever leaking any identities and said nothing she did was politically motivated. More here.

 

When the Roads Closed in Wuhan Last October

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This is what global intelligence agencies are searching for answers. It was determined that the roads around the Wuhan Laboratory in question were closed determined by the lack of cell phone activity. How is that possible? There are in fact several telecom/research firms around the globe that monitor traffic and for two weeks in October there was almost no activity. Deeper investigations are underway.

In part from an NBC News article published May 8, 2020: WASHINGTON — A private analysis of cellphone location data purports to show that a high-security Wuhan laboratory studying coronaviruses shut down in October, three sources briefed on the matter told NBC News. U.S. spy agencies are reviewing the document, but intelligence analysts examined and couldn’t confirm a similar theory previously, two senior officials say.

The report — obtained by the London-based NBC News Verification Unit — says there was no cellphone activity in a high-security portion of the Wuhan Institute of Virology from Oct. 7 through Oct. 24, 2019, and that there may have been a “hazardous event” sometime between Oct. 6 and Oct. 11. Because the Wuhan lab is a high-security facility in an adversary nation studying dangerous pathogens, it is a collection target for several U.S. intelligence agencies, multiple officials told NBC News. Data gathered would include mobile phone signals, communications intercepts and overhead satellite imagery, the officials said.

Analysts are now examining what was collected in October and November for clues suggesting any anomalies at the lab, officials said. Congressional intelligence committees have also been given the document, and Sen. Marco Rubio, R.-Fla., appeared to be alluding to it or a similar report in a tweet on Wednesday.

“Would be interesting if someone analyzed commercial telemetry data at & near Wuhan lab from Oct-Dec 2019,” Rubio tweeted. “If it shows dramatic drop off in activity compared to previous 18 months it would be a strong indication of an incident at lab & of when it happened.”
As noted also within the article, nothing yet is conclusive.

***

Interesting to note however, it seems that another shutdown in Wuhan happened in January if those reports are found accurate regarding the empty roads and void of cell phone traffic.

From MIT Technology in part: On January 22, China took the extraordinary step of shutting down all transportation in the city of Wuhan, where the coronavirus outbreak first began. The measure effectively put 11 million people under quarantine, which is still ongoing as public health officials work to treat individuals who have fallen ill and stop the spread of the virus. As satellite images shared with MIT Technology Review by Planet Labs and Maxar Technologies show, the metropolis has ground to a halt. Bridges and roads are empty. The city’s train stations are deserted. Wuhan’s normally busy airport has completely ceased operations.

Photo Credits: Top photo Before The Wuhan Train Station surrounded by an enormous amount of traffic on the roads. Bottom photo After Traffic around the station evaporated following the quarantine. Trains have not been running since its implementation on January 22. PLANET LABS

Also in January of 2020:

The World Health Organisation has denied a media report that claimed that Chinese President Xi Jinping personally asked WHO Director-General Tedros Adhanom to ‘delay a global warning’ regarding the coronavirus outbreak during a phone call in January.

The German news outlet, Der Spiegel, published a report citing intelligence from the country’s Federal Intelligence Service, known as the ‘Bundesnachrichtendienst’ (BND), that China “urged” the WHO to “delay a global warning” about the coronavirus outbreak. As per the report, the intelligence found that Xi and Tedros spoke by phone on January 21 during which the Chinese President “urged” the WHO chief to “hold back information about a human-to-human transmission and to delay a pandemic warning.” “The BND estimates that China’s information policy lost four to six weeks to fight the virus worldwide,” the report further added.

The WHO noted on Saturday that “China confirmed human-to-human transmission of the novel coronavirus on Jan. 20.” The WHO publicly declared on Jan. 22 that “data collected … suggests that human-to-human transmission is taking place in Wuhan.” The organisation declared coronavirus a pandemic in March. 

China's Silk Road and global health - The Lancet photo

If a country is not part of the China Silk Road Initiative then cooperation of any sort is limited as noted from their own website –>

China and International Community Work

Together to Build Health Silk Road

　　As the COVID-19 pandemic spreads rapidly across the globe, China has made tremendous contributions to the international cooperation on combating the virus. China has actively conducted cooperation with the participating countries for the Belt and Road Initiative and international organizations, through mutual support and assistance as well as solidarity, to tide over the difficulties, in joint efforts to build the Health Silk Road and promote the global community of shared future for mankind.

As of March 31st, Chinese government has provided 120 countries and 4 international organizations with aid supplies including medical masks, N95 respirators, protective gowns, NAT kits and ventilators. Chinese local authorities have donated medical supplies to 50 countries through international sister-city channel. Chinese enterprises have donated medical supplies to over 100 countries and international organizations. Up to April 7th, China has sent 11 batches of medical specialist teams to 9 countries comprised of Italy, Serbia, Cambodia, Pakistan, Iran, Iraq, Laos, Venezuela, and the Philippines. China has unreservedly shared the anti-contagion information with the international community, shared the pandemic prevention and control, treatment and other technology documents with over 100 countries and 10 international and regional organizations, established the online knowledge center for the pandemic and the expert tank for international cooperation, and held more than 40 conferences on technology exchanges via remote video with over 100 countries and regions. China has donated 20 million USD to WHO in support of anti-pandemic international cooperation organized by WHO.

***

According to China’s “One Belt, One Road” initiative, the chance that exotic pathogens could be brought into the country has dramatically increased (7). Our new BSL-4 facility will play an integral role in preventing and controlling highly pathogenic microbes. To safely operate this facility, we designed a training program that ensures all personnel meet the institutional, national, and international standards for working in maximum-containment laboratories.

In preparation for the opening of the Wuhan BSL-4, we engaged in short- and long-term personnel exchanges focused on biosafety training through international cooperation (8). Four staff members visited the P4 Jean Mérieux-Inserm Laboratory in Lyon, France; 2 visited Galveston National Laboratory, The University of Texas Medical Branch at Galveston, Texas, USA; and 1 visited the Australian Animal Health Laboratory, Geelong, Victoria, Australia for training and certification on BSL-4 laboratory operations, maintenance, and scientific or support work. These members are now the main instructors for our BSL-4 laboratory user training program.

Rather than being standardized, our training is specialized to fundamentally cover different BSL-4 users, including administrators and management, biosafety professionals, operations and maintenance staff, and researchers and technicians who currently work in the laboratory. The theoretical coursework is designed to help trainees understand the features of the BSL-4 laboratory and prepares them to enter the laboratory environment. We constructed the first BSL-4 training laboratory in China with the sole purpose of providing hands-on practicum for staff. This laboratory gives staff a safe environment in which they can learn all routine and emergency procedures of high-containment laboratories without the risk of exposure to dangerous pathogens. In addition, we developed an online training management software tool to support the training program and track participants’ progress towards certification.

We plan to incorporate additional user training, such as training for temporary or visiting workers from outside the institution who currently do not have access to our laboratory. In addition, we are planning specific training designed for emergency first responders, such as security staff at the institute and the city’s police and fire departments. Because these groups are tasked with responding to incidents, such as terrorism or fires, they need to be familiar with the complex design and mechanical and engineering features of the BSL-4 facility. Our expanded training will orient them to the laboratory and its operating systems so they can respond as safely as possible to any emergency at our facility.

Our rigorous training program will reduce the risk of harm or exposure to laboratory staff working with highly pathogenic agents. We encouraged all laboratory users to provide feedback and thoughts regarding how to improve and further advance our training program. China intends to build 5–7 high-containment laboratories by 2025 (9). Our BSL-4 laboratory worker training system is the starting point for developing national norms for high-containment laboratory training and preparing qualified, maximum biocontainment laboratory scientists and facility operations specialists. More detail here.

Before you go…here is an interesting item on China tracking cell phone users and how that data is used. Welcome to the Chinese Communist Party….check yourself at the door.

BEIJING/HONG KONG (Reuters) – When the man from Hangzhou returned home from a business trip, the local police got in touch. They had tracked his car by his license plate in nearby Wenzhou, which has had a spate of coronavirus cases despite being far from the epicenter of the outbreak. Stay indoors for two weeks, they requested.

After around 12 days, he was bored and went out early. This time, not only did the police contact him, so did his boss. He had been spotted near Hangzhou’s West Lake by a camera with facial recognition technology, and the authorities had alerted his company as a warning.

“I was a bit shocked by the ability and efficiency of the mass surveillance network. They can basically trace our movements with the AI technology and big data at any time and any place,” said the man, who asked not to be identified for fear of repercussions.

Chinese have long been aware that they are tracked by the world’s most sophisticated system of electronic surveillance. The coronavirus emergency has brought some of that technology out of the shadows, providing the authorities with a justification for sweeping methods of high tech social control.

Artificial intelligence and security camera companies boast that their systems can scan the streets for people with even low-grade fevers, recognize their faces even if they are wearing masks and report them to the authorities.

If a coronavirus patient boards a train, the railway’s “real name” system can provide a list of people sitting nearby.

Mobile phone apps can tell users if they have been on a flight or a train with a known coronavirus carrier, and maps can show them locations of buildings where infected patients live.

Although there has been some anonymous grumbling on social media, for now Chinese citizens seem to be accepting the extra intrusion, or even embracing it, as a means to combat the health emergency.

“In the circumstances, individuals are likely to consider this to be reasonable even if they are not specifically informed about it,” said Carolyn Bigg, partner at law firm DLA Piper in Hong Kong.

NEW TECHNOLOGIES

Telecoms companies have long quietly tracked the movements of their users. China Mobile promoted this as a service this week, sending text messages to Beijing residents telling them they can check where they have been over the past 30 days. It did not explain why users might need this, but it could be useful if they are questioned by the authorities or their employers about their travel.

“In the era of big data and internet, the flow of each person can be clearly seen. So we are different from the SARS time now,” epidemiologist Li Lanjuan said in an interview with China’s state broadcaster CCTV last week, comparing the outbreak to a virus that killed 800 people in 2003.

“With such new technologies, we should make full use of them to find the source of infection and contain the source of infection.”

The industry ministry sent a notice to China’s AI companies and research institutes this week calling on them to help fight the outbreak. Companies have responded with a flurry of announcements touting the capabilities of their technology.

Facial recognition firm Megvii said on Tuesday it had developed a new way to spot and identify people with fevers, with support from the industry and science ministries. Its new “AI temperature measurement system”, which detects temperature with thermal cameras and uses body and facial data to identify individuals, is already being tested in a Beijing district.

SenseTime, another leading AI firm, said it has built a similar system to be used at building entrances, which can identify people wearing masks, overcoming a weakness of earlier technology. Surveillance camera firm Zhejiang Dahua says it can detect fevers with infrared cameras to an accuracy within 0.3ºC.

In an interview with state news agency Xinhua, Zhu Jiansheng of the China Academy of Railway Sciences explained how technology can help the authorities find people who might be exposed to a confirmed or suspected coronavirus case on a train.

“We will retrieve relevant information about the passenger, including the train number, carriage number and information on passengers who were close to the person, such as people sitting three rows of seats before and after the person,” he said.

“We will extract the information and then provide it to relevant epidemic prevention departments.”

Seems Schiff was the ONLY Person with Trump Collusion Evidence

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And no other witness per the released testimonies had evidence. But the preamble by Congressman Schiff proves his hate and his continued lies as noted below.

Note: top Obama officials acknowledged that they knew of no “empirical evidence” of a conspiracy between the Trump campaign and Russia in the 2016 election, despite their concerns and suspicions.

That includes top officials such as James Clapper, Samantha Power, Susan Rice, Ben Rhodes, Loretta Lynch and John Brennan.

Secret Impeachment: Matt Gaetz Files Ethics Complaint ...

 

Materials from the Committee’s Investigation into Russian Active Measures

In 2017 and 2018, the House Permanent Select Committee on Intelligence (HPSCI) undertook an investigation into Russia’s interference campaign targeting the 2016 U.S. election. The Committee’s investigation came on the heels of an Intelligence Community assessment, which found:

“Russian President Vladimir Putin ordered an influence campaign in 2016 aimed at the US presidential election. Russia’s goals were to undermine public faith in the US democratic process, denigrate Secretary Clinton, and harm her electability and potential presidency. We further assess Putin and the Russian Government developed a clear preference for President-elect Trump.”

Democrats on the Committee affirmed that judgement, as did Special Counsel Robert Mueller, and the bipartisan Senate Intelligence Committee. Throughout its investigation, the Committee uncovered significant evidence of Trump campaign efforts to seek, make use of, and cover up Russian help in the 2016 presidential election. To date, two witnesses have been convicted and sentenced to prison terms for lying and attempting to obstruct the Committee’s investigation.

Ultimately, this pattern of misconduct and deceit continued when President Trump once again sought to coerce a foreign government into providing him illicit assistance with his reelection campaign, this time from Ukraine. For his efforts, President Trump was impeached in the House and became the first ever U.S. President to to receive bipartisan votes to convict in the Senate.

As part of its commitment to transparency, today the Committee is releasing fifty-seven transcripts of witness interviews during the course of the Russia inquiry, as well as additional relevant material, so that every American can see the facts and decide for themselves:

Is this conduct ok?

After releasing the transcripts, Chairman Adam Schiff (D-CA) stated:

“From 2017 to 2018, the House Intelligence Committee conducted an investigation into Russia’s interference in the 2016 election. Despite the many barriers put in our way by the then-Republican Majority, and attempts by some key witnesses to lie to us and obstruct our investigation, the transcripts that we are releasing today show precisely what Special Counsel Robert Mueller also revealed: That the Trump campaign, and Donald Trump himself, invited illicit Russian help, made full use of that help, and then lied and obstructed the investigations in order to cover up this misconduct.

Unfortunately, the President’s misconduct did not end with his election in 2016 or his attempts to cover up that effort. Rather, in the course of his presidency, he continued to seek illicit foreign help in his campaign by coercing another nation, Ukraine, to smear his opponent. After making use of Russia’s help with his first presidential campaign, President Trump pressed the Ukrainian president to help him in 2020 by withholding critical military aid to that country and a coveted head of state meeting.

These acts ultimately led to the President’s impeachment in the House of Representatives and the first bipartisan vote in the Senate in our history in support of a conviction of a President of the United States. The President’s efforts to make use of the help of a foreign power to win an election, and then to extort yet another foreign power to try to win again, represent a grave threat to the health of our democracy now and in the future.

The transcripts released today richly detail evidence of the Trump campaign’s efforts to invite, make use of, and cover up Russia’s help in the 2016 presidential election. Special Counsel Robert Mueller identified in his report similar, and even more extensive, evidence of improper links between individuals associated with the Trump campaign and the Russian government.  A bipartisan Senate investigation also found that Russia sought to help the candidacy of Donald Trump in 2016.

While Special Counsel Mueller found insufficient evidence to prove the crime of criminal conspiracy beyond a reasonable doubt, he refused to draw any conclusion on the issue of collusion — contrary to false representations made by Attorney General Bill Barr and others. There is ample evidence of the corrupt interactions between the Trump campaign and Russia, both direct and circumstantial, in the record:

  • In June of 2016, a Russian delegation offered dirt on Donald Trump’s rival—presidential candidate Hillary Clinton—to the highest levels of the Trump campaign, and did so in writing. Donald Trump’s son, Donald Trump Jr., accepted that offer, and then set up a secret meeting between the Russian delegation, himself, Trump campaign chairman Paul Manafort, and Donald Trump’s son-in-law, Jared Kushner, to discuss that illicit help. When news of the meeting was about to break, Trump and his son drafted a false statement for the press together in order to cover up the true purpose of the meeting. This written offer of illegal help by the Russians and its acceptance by the President’s campaign, and the secret meeting that followed, provide some of the most damning and direct evidence of the President’s to make use of Russia’s assistance in the election.

  • Throughout the summer of 2016, the Trump campaign and candidate Trump himself repeatedly sought damaging information on Clinton from Russia. In July of 2016, Trump publicly called on Russia to hack Clinton’s emails, and – as the Special Counsel found – that night, Russian military intelligence officers did precisely that. Our transcripts show that numerous individuals affiliated with or working for the Trump campaign were in communication with individuals offering help to set up private backchannels with the Russian government.

  • Multiple witnesses sought to hide and cover up illicit activity related to Russia during the presidential campaign. One-time campaign advisor and close confidant to Trump, Roger Stone, has been sentenced to prison for lying to the Committee about his advanced knowledge of impending WikiLeaks releases of Clinton campaign information. Former personal attorney to Trump, Michael Cohen, was imprisoned in part on charges that he lied to the Committee about Trump’s role in arranging a lucrative business deal in Russia during the course of his campaign and early presidency. The President’s pursuit of Trump Tower Moscow — potentially the most lucrative deal of his life — while lying to the American people about his business interests in Russia, provided the most serious counterintelligence risk to the United States.

  • Another associate of Trump, Erik Prince, misled our Committee about his efforts to take part in a secret backchannel with a senior Russian government official while he was unofficially supporting the Trump campaign.

  • And the transcripts also show that during the transition period in late 2016, the incoming National Security Advisor Michael Flynn undertook efforts to undermine U.S. sanctions on Russia imposed by the previous administration over Russia’s interference in the election on Trump’s behalf.  Flynn would later lie to the FBI about these efforts, and the President would try to pressure then-FBI Director Comey to shut down any investigation into Flynn.  It would take the firing of then Attorney General Jeff Sessions and the later appointment of an unscrupulous Attorney General, Bill Barr, for the President to achieve his aim of seeking dismissal of the case against Flynn, and only after Flynn pled guilty to lying to the FBI.

Despite taking part in this investigation and hearing these facts first-hand, the transcripts reveal how House Republicans used witness interviews not to gain the facts, but to press President Trump’s false narrative of ‘no collusion, no obstruction.’  It would be a pattern they would follow throughout the Russia investigation and into the President’s subsequent Ukraine misconduct. To that end, House Republicans sought to use the Committee’s Russia investigation to undermine the Intelligence Community’s assessment that Russia sought to hurt Hillary Clinton and help Donald Trump in the 2016 presidential election. That assessment has been affirmed by this Committee’s Democrats, the bipartisan Senate Intelligence Committee, and Special Counsel Mueller. 

These transcripts should have been released long before now, but the White House held up their release to the public by refusing to allow the Intelligence Community to make redactions on the basis of classified information, rather than White House political interests.  Only now, and during a deadly pandemic, has the President released his hold on this damning information and evidence. 

Like the Ukraine investigation that would follow it, the investigation into the Trump campaign’s effort to seek and utilize Russian help in 2016 and to obstruct justice, reveal a President who believes that he is above the law. But we are a country where the truth still matters and where right still matters. Our investigation into the Trump campaign, and the evidence we uncovered despite formidable obstruction, affirms that.”

Read the full statement here.

Correspondence

Interview Transcripts

 

Comey Petulant Response to DOJ over Dropping the Case v. Flynn

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Losing gracefully is hardly part of the character of former FBI Director James Comey.
As the news broke that under the recommendations of Jeff Jensen to Main Justice, that the case be dropped, Comey remains petulant.

Not to be left out, Congressman Adam Schiff also tweeted the following:

 

The Democrats have formed their response already filled with bias and fake outrage….but if the reader should take the time to fully read the 20 pages in the motion to dismiss, context becomes much more clear actually. There was great division it seems within the 7th Floor of the Bureau and even at the Department of Justice. You can bet not a single Democrat read the full motion. By the way, the Judge has final authority to approve the motion.

Michael Flynn's Sentencing Delayed By Judge Sullivan After ... photo

The target paragraph(s) in the motion is as follows:

Mr. Flynn entered a guilty plea—which he has since sought to withdraw—to a single count of making false statements in a January 24, 2017 interview with investigators of the Federal Bureau of Investigation (“FBI”). See ECF Nos. 3-4. This crime, however, requires a statement to be not simply false, but “materially” false with respect to a matter under investigation. 18 U.S.C. § 1001(a)(2). Materiality is an essential element of the offense. Materiality, moreover, requires more than mere “relevance” or relatedness to the matter being investigated; it requires “probative weight,” whereby the statement is “reasonably likely to influence the tribunal in making a determination required to be made.” United States v. Weinstock, 231 F.2d 699, 701 (D.C. Cir. 1956) (emphasis added).

After a considered review of all the facts and circumstances of this case, including newly discovered and disclosed information appended to the defendant’s supplemental pleadings, ECF Nos. 181, 188-190,1 the Government has concluded that the interview of Mr. Flynn was untethered to, and unjustified by, the FBI’s counterintelligence investigation into Mr. Flynn—a no longer justifiably predicated investigation that the FBI had, in the Bureau’s own words, prepared to close because it had yielded an “absence of any derogatory information.” Ex. 1 at 4, FBI FD-1057 “Closing Communication” Jan. 4, 2017 (emphases added). The Government is not persuaded that the January 24, 2017 interview was conducted with a legitimate investigative basis and therefore does not believe Mr. Flynn’s statements were material even if untrue.

Flynn-Motion-to-Dismiss

In part of commentary by Jonathan Turley:

The Flynn case represents one of the most ignoble chapters of the Special Counsel investigation. Notably, the motion itself could lay the foundation for suing on the basis of malicious prosecution.

While Judge Emmet Sullivan could dismiss the charges on the papers (and unopposed motion), I would expect a hearing to be called. There is a great irony here. Sullivan’s last hearing on sentencing led to controversial statements from the bench and a delay in sentencing that resulted in an easier path to dismissal.

In the motion below, the Justice Department stresses that “the citizen’s safety lies in the prosecutor who … seeks truth and not victims, who serves the law and not factional purposes, and who approaches [the] task with humility.”  It also establishes that there was never a satisfaction of the materiality element to the criminal allegation.

Who Is Emmet Sullivan, the Judge Who Will Sentence Michael ...

Keep your eyes of Judge Sullivan…will he sign the motion. Hat tip to Sidney Powell for her legal tenacity.