Senator Charles Grassley (R-IA) has written to the heads of the U.S. Department of Veterans Affairs (VA) and the Securities and Exchange Commission seeking information on allegations that a senior VA official named Charmain Bogue may have disclosed inside information useful to Wall Street short sellers.
Ms. Bogue is married to Barrett Bogue who works for an outside group called Veterans Educational Success (VES), a critic of for-profit colleges. On March 9, the VA issued a press release announcing its intent “to suspend enrollment of new GI Bill students” in certain for-profit schools.
VES beat the VA to the punch on the news, which tanked the stocks of several for-profit education companies. VES issued a press release earlier in the day praising the VA decision before it was actually announced. The VA ultimately backed off its threat to bar certain schools, but the question persists of just … Read More ➡
Following a complaint filed by National Legal and Policy Center with the Department of Justice that demanded an investigation of the son and brother of Democrat presidential nominee Joe Biden, the Chairman of the Senate Finance Committee has made a similar request.
Sen. Charles Grassley, an Iowa Republican, wrote a detailed, seven-page letter to Attorney General William Barr on Monday, urging him to probe Hunter Biden and James Biden – the son and brother of the former vice president, respectively – about deals they cut with a state-owned Chinese energy company and their representation of foreign actors in the United States.
The inquiry focuses on the Bidens’ work with CEFC China Energy Co. Ltd., which Grassley accurately characterized as “an extension of the Chinese government.” He asked Barr to investigate whether the Bidens violated the Foreign Agents Registration Act by failing to notify the Justice Department … Read More ➡
Sometimes ulterior motives aren’t that hard to figure out. In the case of former FBI Director Robert Mueller, appointed last May as independent special counsel by the Justice Department to probe alleged Russian government meddling in the 2016 presidential election, the end game has become clear: Impeach President Donald Trump. Much of the focus now is on the Senate Judiciary Committee, chaired by Charles Grassley, R-Iowa, determined to give Mueller and his staff a vote of confidence. “It would be suicide” for Trump to fire Mueller, noted Sen. Grassley, who, despite objections from Senate Majority Leader Mitch McConnell, seeks a committee vote this week on a bill to protect Mueller’s job. Actually, it might be suicidal for Trump not to fire Mueller.
The accusations that certain unnamed Russian officials conspired with Trump and his top campaign aides to steal the 2016 election isn’t going away anytime soon. That’s the way … Read More ➡
President Donald Trump’s State of the Union address last Tuesday night offered some sensible recommendations for immigration reform. Unfortunately, he omitted a few things – such as the need to fix the EB-5 visa program. The EB-5, authorized by the Immigration Act of 1990, allows persons from abroad who invest in a U.S. startup business to become lawful permanent residents. All too often, it is an invitation to fraud and self-dealing.
The EB-5 visa, intended to spur business development, offers a green card for immigrant small venture capitalists. The visa holder must invest at least $1 million in a “new commercial enterprise” or at least $500,000 if the enterprise is located in a designated Targeted Employment Area. Upon approval of a petition, the investor and dependent family members may obtain a green card. The investor must show that the investment has created or preserved at least 10 permanent domestic … Read More ➡