Trump billionaire friend aimed to profit from Mideast nuclear deal: Democrats. More here:
WASHINGTON - 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.
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.
Trump attacked Cummings, an African American from Baltimore, in weekend tweets that the president’s critics denounced as racist. Trump officials have continued meeting with IP3 even though White House lawyers in January 2017 instructed staff to cease work on the plan over concerns that Flynn was breaking conflict of interest laws, according to that report. Flynn, fired by Trump in February 2017, advised IP3 while serving on his campaign and transition team, said both reports.
Barrack then shared Malik’s suggestions about the speech with Paul Manafort, a political consultant who chaired Trump’s campaign at the time, the report said. Manafort was convicted in 2018 of bank fraud and tax evasion in charges that grew out of former Special Counsel Robert Mueller’s investigation into Russia’s interference in the 2016 election.
Barrack, the report said, began communicating days before Trump’s inauguration with IP3 co-founder Robert “Bud” McFarlane, a national security adviser to the late President Ronald Reagan. In an email to Barrack following a Jan. 23, 2017, meeting, McFarlane said it would be fitting for Trump to name Barrack as his “personal representative to promote the execution” of the nuclear reactor scheme.
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