Longtime Thomas Friend Hits Back At Democratic Probe Into Financial Records

Introduction

The House Intelligence Committee has launched an investigation into the financial records of Thomas Barrack, a longtime friend and ally of former President Donald Trump. Barrack is a billionaire investor who chaired Trump’s inaugural committee in 2017. The committee is looking into whether Barrack used his connections to the Trump administration to benefit his business interests.

Barrack’s Response

Barrack has denied any wrongdoing and has hired a team of lawyers to defend himself against the investigation. In a statement, he said that he has always acted in the best interests of the United States and that he has never used his relationship with Trump for personal gain.

Friendship with Trump

Barrack and Trump have been friends for decades, and Barrack was one of Trump’s earliest supporters during his presidential campaign. Barrack has also been a vocal defender of Trump, even after he left office. In a recent interview, Barrack said that Trump was „one of the most consequential presidents in American history“ and that he had „changed the world.“

Business Interests

Barrack’s business interests have come under scrutiny in recent years. He is the founder and CEO of Colony Capital, a real estate investment firm that has been struggling financially. In 2020, Barrack stepped down as CEO of Colony Capital and became the executive chairman of a new company, DigitalBridge, which focuses on digital infrastructure investments.

Inaugural Committee

Barrack’s role as chairman of Trump’s inaugural committee has also raised questions. The committee raised a record $107 million for the inauguration, but it has been accused of misusing some of those funds. In 2019, the committee was subpoenaed by federal prosecutors in New York as part of an investigation into whether it had accepted illegal donations from foreign nationals.

Conclusion

The House Intelligence Committee’s investigation into Barrack’s financial records is just the latest in a series of probes into Trump’s inner circle. It remains to be seen what, if anything, the committee will find, but Barrack’s close relationship with Trump and his business interests make him a likely target for scrutiny

Original article Teaser

Longtime Thomas Friend Hits Back At Democratic Probe Into Financial Records

Harlan Crow, a longtime friend of Supreme Court Justice Clarence Thomas, has rejected a request from Senate Democrats for financial documents regarding Crow’s relationship with the justice.Crow’s attorney, Michael Bopp, sent Sen. Ron Wyden (D-OR), chair of the Senate Finance Committee, a response letter on Monday saying Wyden’s request lacked a proper legal predicate and, instead, is an “attempt to tarnish the reputation of a sitting Supreme Court Justice and his friend of many years, Mr. Crow.”“The Committee showed no interest in evaluating federal gift tax laws until the April 24 Letter, which came just two weeks after media reports regarding Mr. Crow’s friendship with Supreme Court Justice Clarence Thomas, and has given no indication of any federal gift tax

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