02/10/2019

The SDNY Investigation Is Real Peril For President Trump

Andrew C. McCarthy, National Review

 

All eyes are on Capitol Hill. House Democrats, flexing their new majority muscles, wasted no time after President Trump’s State of the Union address to announce expansive investigations of the president and those around him: There will be probes into his administration, the 2017 presidential transition, the 2016 Trump campaign, and the Trump Organization — the real-estate business Donald Trump spent a lifetime conducting.

It’s a dragnet, or at least as much of a dragnet as congressional committees can muster. Their investigative powers do not compare with those of federal prosecutors and FBI agents, who compel grand-jury testimony, execute search warrants, arrest suspects, and file indictments to squeeze cooperation from potential witnesses.

That is one reason why the most consequential Trump action may be happening in the place getting the least attention from the national media: the U.S. attorney’s office for the Southern District of New York (SDNY).

This is not to belittle the congressional probes. As Rich Lowry and I discussed in this week’s episode of The McCarthy Report, Intelligence Committee chairman Adam Schiff (D, Calif.) and the chairmen of the other relevant House committees are laying the groundwork for imminent battles over the scope and disclosure of Special Counsel Robert Mueller’s eventual report to the Justice Department. They are opening the front into the president’s family-run real-estate empire — investigations that will seek his tax returns, probe fraud allegations raised in an explosive October 2018 New York Times report on the Trump empire’s accumulation of wealth, and explore the Trump Organization’s dealings with Deutsche Bank, which has been fined hundreds of millions of dollars for helping Russian oligarchs launder money.

Jousting simultaneously with at least five congressional committees will exhaust the administration. Yet the more immediate threat of criminal jeopardy for the president is posed by federal prosecutors in Manhattan.

Read full article


Tags:


You May Also Like:

For More go to the Home Page >>>

Join Our Email List



section

Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

section

In Search Of History

The Fed vs. the Middle Class

With interest rates flattened [by the Federal Reserve], government zeroes out the future. Abandoned were 80 percent of private defined-benefit pension plans. Public plans faced a similar evisceration in the future. With no acknowledgement, the U.S. government had casually dispossessed the American middle class of its retirement assets and pushed millions of Americans into acute dependency on government programs. ... Government dependency negated the American dream.

-- George Gilder ,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.05%
    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
    FreeMarket Central March Year-to-Year: 2.87% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

section