Eugene Kiely reports that the Peter Schweizer in his new book - Clinton Cash ... - falsely claimed Hillary Clinton as Secretary of State had veto power and could have stopped Russia from buying a company with extensive uranium mining operations in the U.S. In fact, only the President has such power. Kiely suggests that Schweizer is trafficking in pure political speculation for the benefit of Fox TV viewers.
He states that at the time of the sale, Clinton was a member of the Committee on Foreign Investments in the United States, which is required by law to investigate all U.S. transactions that involve a company owned or controlled by a foreign government. Federal guidelines say any one of nine voting members of the committee can object to such a foreign transaction, but the final decision then rests with the President.
In his book, Schweizer, a former fellow at the right-leaning Hoover Institution, seeks to link some of those donations to the official actions taken by Clinton when she was Secretary of State. The book in general and the NY Times article in particular have stirred up the 2016 presidential campaign. The Clinton Foundation was forced to acknowledge that it made mistakes in failing to disclose some of its donations, and Republicans have questioned the role of Hillary Clinton in the sale, ala quid pro quo.
Very little is known about the Uranium One-Rosatom deal or the Clintons role in it. That is because the law has strong confidentiality requirements - to protect company stock dealings in potential insider trader issues - as Treasury explains on its website, e.g., By law, information filed with CFIUS is subject to strong confidentiality requirements that prohibit disclosure to the public.
Jose Fernandez, a former Assistant Secretary of State, who represented the State Department on the committee, told the Times that Mrs. Clinton never intervened with him on any C.F.I.U.S. matter.