Anonymous ID: 578dfe May 19, 2020, 5:01 a.m. No.9236455   🗄️.is 🔗kun   >>6569 >>6571 >>6733

Sen. Lindsey Graham announces Judiciary Committee will vote on subpoena authorization

 

The authorization could be approved by Republicans if they stick together in a party line vote

 

The committee will vote on approving a subpoena authorization pertaining "to the FISA abuse investigation and oversight of the Crossfire Hurricane investigation."

 

"Graham’s subpoena authorization covers a number of documents, communications and testimony from witnesses, including James Comey, Andrew McCabe, James Clapper, John Brennan, Sally Yates, and others," according to the press release.

 

https://justthenews.com/government/congress/sen-lindsey-graham-announces-judiciary-committee-will-vote-subpoena

Anonymous ID: 578dfe May 19, 2020, 5:07 a.m. No.9236486   🗄️.is 🔗kun

Chairman @LindseyGrahamSC

Announces Committee to Consider Subpoena Authorization Related to Oversight of FISA Process, Crossfire Hurricane Investigation

 

The subpoena authorization will be first listed on the agenda for the Committee’s executive business meeting on May 21, 2020. The Committee is expected to vote on the subpoena authorization at its June 4, 2020 executive business meeting.

 

https://www.judiciary.senate.gov/press/rep/releases/chairman-graham-announces-committee-to-consider-subpoena-authorization-related-to-oversight-of-fisa-process-crossfire-hurricane-investigation

Anonymous ID: 578dfe May 19, 2020, 5:16 a.m. No.9236538   🗄️.is 🔗kun   >>6591

Trump tells WHO to make 'substantive improvements' or permanently lose U.S. funding

 

President Trump is telling the World Health Organization that the U.S. will permanently withdraw its financial support as a result of the group’s handling of the coronavirus pandemic – unless it agrees to “substantive improvements.”

 

Trump made the vow in a letter late Monday to WHO Director-General Tedros Adhanom Ghebreyesus, the same day the group held its annual meeting in Geneva for its reported 192 member states.

 

Trump last month temporarily halted U.S. funding to the group, overseen by the United Nations.

 

Trump wrote on the four-page letter that he also posted on Twitter. “The only way forward for the World Health Organization is if it can actually demonstrate independence from China.”

 

The letter lists roughly eight concerns and states the WHO must commit within 30 days to make substantial improvements.

 

"My administration has already started discussions with you on how to reform the organization," Trump also wrote. "But action is needed quickly. We do not have time to waste."

 

https://justthenews.com/politics-policy/coronavirus/trump-tells-who-make-substantive-improvements-or-permanently-lose-us

 

Copy of letter here:

https://twitter.com/realDonaldTrump/status/1262577580718395393

Anonymous ID: 578dfe May 19, 2020, 6:01 a.m. No.9236754   🗄️.is 🔗kun

China is cheating on Obama-era stock market deal, Trump urged to intervene-WTO

 

Feds acknowledge China hasn't lived up to 2013 deal on Sarbanes-Oxley audits, putting investors at risk. Key China adviser urges Trump to act.

 

The recent spectacular collapse of a Chinese coffee company and a stark warning by federal regulators are focusing an uncomfortable light on an Obama-Biden era stock market concession to Beijing, one that could become President Trump’s next target.

 

Since 2013, Chinese companies have been allowed to participate in U.S. stock and bond exchanges without having to fully comply with the same Sarbanes-Oxley Act accounting practices and risk disclosure required of American companies.

 

The concession was made in a little-noticed Memorandum of Understanding executed seven years ago by the Public Company Accounting Oversight Board (PCOAB), a nonprofit regulator empowered by the Sarbanes-Oxley law to ensure U.S. investors are protected from making bad investments because of faulty audits or financial information.

 

China’s ability to access the New York Stock Exchange, NASDAQ and other markets without fully complying with the Sarbanes-Oxley accounting rules came during the Obama-Biden second term.

 

After American and other foreign investors lost billions in Chinese investments between 2010 and 2012 during an era of risky mergers and startups, U.S. regulators began cracking down, including seeking action against the four major accounting firms in China that had refused to provide auditing documents requested by the SEC. The accountants claimed they couldn’t provide the information without violating Chinese privacy laws.

 

The SEC would eventually settle the accountant cases with fines.

 

And the PCAOB with the SEC’s blessing proceeded with the MOU with China’s securities regulator. Under the deal, China agreed to let PCAOB gain “timely access” to certain audit documents of its homeland companies, but did not allow on-site audit firm inspections like those imposed on American firms, kicking that compliance issue down the road.

 

In the end, China never allowed the inspections and mostly failed to comply with the document requests, essentially allowing the country’s U.S.-listed firms to enjoy all the benefits of U.S. stock market access without the need to comply with Sarbanes-Oxley. The SEC and PCAOB has been raising red flags since 2018 but its lack of action has drawn significant criticism.

 

https://justthenews.com/government/white-house/china-isnt-complying-obama-era-stock-market-deal-trump-urged-intervene