Former FBI official investigating Trump indicted on charges of working for Russian Oligarch he was investigating
The former FBI official involved in the investigation into the made up Trump-Russia collusion has been charged with…wait for it…Russia collusion. Former FBI official Charles McGonigal was charged with “violating sanctions and collaborating with Russian oligarch Oleg Deripaska.”
The Department of Justice made the announcement Monday. “Charles McGonigal, a former high-level FBI official, and Sergey Shestakov, a Court interpreter, violated U.S. sanctions by agreeing to provide services to Oleg Deripaska, a sanctioned Russian oligarch” U.S. Attorney Damian Williams wrote in the released statement.
“Russian oligarchs like Oleg Deripaska perform global malign influence on behalf of the Kremlin and are associated with acts of bribery, extortion, and violence,” FBI Assistant Director in Charge Michael Driscoll noted in a statement. “There are no exceptions for anyone, including a former FBI official like Mr. McGonigal.”
According to federal prosecutors, McGonigal received “concealed payments” from a Russian intelligence officer in exchange for his help in having sanctions targeting Deripaska lifted. “McGonigal is being charged by the Federal District in Manhattan with additional counts relating to money laundering and conspiracy” reports National Review.
Both McGonigal and Shestakov had “previously worked with Deripaska to attempt to have his sanctions removed, and, as public servants, they should have known better,” Williams’ statement added.
McGonigal’s legal team announced their plans to enter a plea of not guilty before a federal court appearance. Seth DuCharme, head of McGonigal’s legal team old the New York Times “Charlie served the United States capably, effectively, for decades.”
“We have closely reviewed the accusations made by the government and we look forward to receiving discovery so we can get a view on what the evidence is upon which the government intends to rely” DuCharme added.
McGonigal was arrested at JFK Airport in New York City on Saturday upon returning from recent travels to Sri Lanka.
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House passes debt-ceiling deal with support from two thirds of GOP caucus
After hours of debate, the House voted Wednesday night to approve a bipartisan debt-ceiling deal, taking a step toward averting a default on U.S. debt. The measure passed with 314 members voting in favor and 117 members voting in opposition. 149 Republicans and 165 Democrats voted to approve the bill, while 71 Republicans and 46 Democrats voted against it.
National Review writes the measure’s passage secures “a victory for House speaker Kevin McCarthy (R-CA), who managed to keep his caucus together despite a challenge from House Freedom Caucus members intent on securing greater spending concessions from the Biden White House.”
The bill will now head to the Senate. McCarthy said the measure is the “largest spending cut that Congress has ever voted for,” but faced opposition from members of his caucus who believe the deal “didn’t go far enough in restoring pre-Covid spending levels.”
In his speech on the House floor Wednesday before the vote, McCarthy pleaded with his colleagues to support what he had bargained for with Biden:
“They demanded a clean debt limit, which really means they spend more and you pay more in taxes. House Republicans said ‘no’,” McCarthy said.“Over the past four months, we fought hard to change how Washington works. We stopped the Democrats from writing a blank check after the largest spending binge in American history… The Fiscal Responsibility Act is the biggest spending cut in American history.”
National Review reports:
The agreement suspends the nation’s $31.4 trillion debt limit through January 1, 2025, and caps spending in the 2024 and 2025 budgets.
The nonpartisan Congressional Budget Office (CBO) has estimated that the deal will reduce budget deficits by about $1.5 trillion between 2023 and 2033. Director of the CBO Phillip Swagel projected that there would be reductions in discretionary outlays of $1.3 trillion over the 2024–2033 period. Mandatory spending would decrease by $10 billion, revenues would decrease by $2 billion over the same period, and the interest on the public debt would decline by $188 billion.
Biden warned of the consequences of default, saying what would follow would include an economic recession, devastated retirement accounts, and millions of jobs lost.
“I made clear from the start of negotiations that the only path forward was a bipartisan budget agreement,” explained Biden on Twitter. “No one got everything they wanted. But that’s the responsibility of governing.”
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