Peter Schweizer, whom delved to the Clinton Foundation’s transactions in 2016’s “Clinton Cash,” has turned his sights to your money-making machinations of DC’s political elite.
His book that is new Empires: the way the United states Political Class Hides Corruption and Enriches Family and Friends,” — due out Tuesday from Harper Collins — exposes how politicians take part in “corruption by proxy” by exploiting household and company ties to enrich on their own and their loved ones.
right Here, The Post’s Larry Getlen details the book’s revelations on Senate Majority Leader Mitch McConnell and Transportation Secretary Elaine Chao, ex-Commerce Secretary Penny Pritzker yet others:
In 2004, present Senate Majority Leader Mitch McConnell and their spouse, present United States Transportation Secretary Elaine Chao, had the average web worth of $3.1 million. 10 years later, that true number had risen to approximately $9.2 million and $36.5 million.
One supply of the windfall, based on a brand new guide from Peter Schweizer, ended up being a 2008 present from Chao’s daddy, James Chao, for approximately $5 million and $25 million. But this present might be viewed as more than simply a present. It might have now been obtained, in accordance with Schweizer, due to the couple’s fealty to Asia, the origin regarding the Chao household fortune. Continue reading…