Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(61,900 posts)
Mon Jul 29, 2019, 09:14 PM Jul 2019

Trump billionaire friend Tom Barrack aimed to profit from Mideast nuclear deal: Democrats

Source: Reuters

POLITICS JULY 29, 2019 / 5:11 PM / UPDATED 3 HOURS AGO

Trump billionaire friend aimed to profit from Mideast nuclear deal: Democrats

Jonathan Landay, Timothy Gardner
7 MIN READ

WASHINGTON (Reuters) - Tom Barrack, a billionaire friend of U.S. President Donald Trump, pursued a plan to buy Westinghouse Electric Corp even as he lobbied Trump to become a special envoy to promote the building by the firm of nuclear power plants in Saudi Arabia, said a congressional report released on Monday.

While Barrack failed in both efforts, the report provides fresh evidence of the ease with which some corporate and foreign interests have gained access to Trump and other senior members of his administration.

Documents obtained by the Democratic-led U.S. House of Representatives Oversight Committee raise “serious questions about whether the White House is willing to place the potential profits of the President’s friends above the national security of the American people and the universal objective of preventing the spread of nuclear weapons,” the report said.

The report is the second from the panel’s investigation into the plan to construct 40 nuclear power plants in Saudi Arabia and elsewhere in the Middle East. The plan was supported by Trump’s first national security adviser Michael Flynn, Barrack, Trump’s inaugural committee chairman, and a consortium of firms led by retired U.S. military commanders and former White House officials called IP3.

One company was Westinghouse, the only U.S. manufacturer of large reactors, which was bought out of bankruptcy by Brookfield Asset Management last August.

-snip-

Read more: https://www.reuters.com/article/us-usa-saudi-nuclearscheme/trump-billionaire-friend-aimed-to-profit-from-mideast-nuclear-deal-democrats-idUSKCN1UO28G

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump billionaire friend Tom Barrack aimed to profit from Mideast nuclear deal: Democrats (Original Post) Eugene Jul 2019 OP
Whassuppp, lil Tommy B.?? Leghorn21 Jul 2019 #1
K & R for exposure. SunSeeker Jul 2019 #2

Leghorn21

(13,524 posts)
1. Whassuppp, lil Tommy B.??
Mon Jul 29, 2019, 09:34 PM
Jul 2019

It's so great to see this rat bastard in the news in such a bigly way!!! He's as valuable a target as a Rick Gates or even an Allan Weisselberg (if Weisselberg ever was to tell all he knows)...

Say, is a certain MF45 having a cow every time this particular Barrack guy gets a little press?

You bettah believe it!!!

GOOD TIMES

Latest Discussions»Issue Forums»Editorials & Other Articles»Trump billionaire friend ...