Monday, 20 November, 2017

Special counsel appointment complicates Comey testimony

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Francis Olson | 19 May, 2017, 23:31

Lavrov didn't directly confirm details of their conversation. A reporter from The Hill asked Republican Rep. Justin Amash if the details of the Comey memo - in which the president is alleged to have asked the bureau to drop its investigation of former National Security Adviser Gen. Mike Flynn - would "merit impeachment" if true, and the MI congressman responded, "Yes".

Lavrov says media reported that Trump told him "terrorists are capable of stuffing laptops, all kinds of electronic devices, with untraceable explosive materials", information he says the administration revealed with the laptop ban. Mr. Mueller is highly respected on both sides of the aisle, but the investigation could take years, and not necessarily lead to a quick resolution that Mr. Trump and his team badly want.

Texas Republican Mike Conaway and California Democrat Adam Schiff say they will continue to work with the FBI as the investigation moves forward.

Trump also changed his story once again about the circumstances surrounding Comey's firing, returning again to the White House's original rationale that he based his decision on Rosenstein's recommendation. That's according to the panel's chairman, Republican Sen. Republican Senator Lindsey Graham told reporters on Wednesday that the legislative process had "pretty much ground to a halt" amid the tumult in Washington. Burr says the panel's members are not surprised and says, "We'll figure out on Gen. Flynn what the next step, if any, is". In addition to congressional probes that are taking place into possible collusion between Trump's 2016 campaign team and Russian Federation, the U.S. Justice Department on Wednesday named former FBI Director Robert Mueller to investigate the matter. House Democratic leader Nancy Pelosi is still pushing for an independent commission to look into the Trump-Russia connections, even after Mr. Mueller's appointment was announced. Trump later deleted and retweeted that statement to correct the spelling of "counsel". That was the White House's position initially after the deputy attorney general argued in a memo that Comey had erred in handling the FBI's investigation into Democratic nominee Hillary Clinton's private email server, even though Trump had praised Comey on the campaign trail past year.

Earnings Analysis Of LendingClub Corporation (LC)
In related news, insider Timothy Bogan sold 54,090 shares of LendingClub Corp stock in a transaction dated Friday, May 12th. Over the last 5 years, LendingClub Corporation has averaged a -62.60% YoY EPS growth rate and a 90.20% revenue growth rate.

The appointment of a special counsel to head the FBI's investigation into ties between President Trump and Russian Federation may throw a wrench into lawmakers' hopes of getting public clarity from the former FBI director.

Trump fired Comey May 9, in part, Trump said later, because the Russian investigation was dragging on.

Mueller will have sweeping powers and the authority to prosecute any crimes he uncovers.

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