U.S. House panel says agreement reached over Fusion GPS bank records

Image
Reuters WASHINGTON
Last Updated : Oct 29 2017 | 8:57 AM IST

By Dustin Volz and Mark Hosenball

WASHINGTON (Reuters) - The U.S. House Intelligence Committee on Saturday said it had reached an agreement related to its subpoena of a Washington research firm's bank records that would secure access to records for the panel's probe of Russian meddling in the 2016 presidential election.

The announcement came a day after a federal judge had given an unnamed bank more time to respond to the congressional panel's subpoena to Fusion GPS, the research outfit that hired a former British spy to compile a dossier on presidential candidate Donald Trump.

The Washington Free Beacon, a conservative online publication backed by billionaire Republican mega-donor Paul Singer, said on Friday it was the original funder of the Fusion GPS project to compile opposition research on multiple Republican presidential candidates, including Trump.

Trump and other Republicans have alleged that Russians paid Fusion GPS for research on their own dealings with the president and his campaign.

But the Free Beacon said all the material it was provided came from public sources and that the effort was separate from a former British spy's dossier of allegations of Russian financial and personal links to President Donald Trump's campaign and associates.

Known as the Steele dossier because it was compiled by former MI6 officer Christopher Steele, the document identified Russian businessmen and others whom U.S. intelligence analysts have concluded are Russian intelligence officers or working on behalf of the Russian government.

Democratic presidential candidate Hillary Clinton's campaign and the Democratic National Committee began paying Fusion GPS in April 2016 for research on Trump, an arrangement that later produced the Steele dossier.

Trump, who has called allegations of campaign collusion with Moscow a hoax, has repeatedly called the dossier fake news.

Much of the inflammatory and at times salacious content of the dossier has not been verified. However, U.S. officials have confirmed certain details.

In a closed-door hearing with Senate Judiciary Committee investigators, Fusion GPS founder Glenn Simpson said there was no connection between the firm's work on the dossier and its legal research on a lawsuit involving Russians who attended a June 2016 Trump Tower meeting with Trump's son, Donald Trump Jr., his son-in-law and close aide, Jared Kushner, and former campaign chief Paul Manafort, sources familiar with the hearing said.

(Reporting by Dustin Volz and Mark Hosenball; additional reporting by Idrees Ali; Editing by Tom Brown and David Gregorio)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 29 2017 | 8:45 AM IST

Next Story