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Top Democratic lobbyist Tony Podesta told staff he was leaving the eponymous firm he founded with his powerful brother – on a day two Trump campaign operatives were indicted and a third pled guilty to lying.
Podesta founded the Podesta Group in 1988 along with his brother John, who went on to become Bill Clinton's and Barack Obama's chief of staff, as well as Hillary Clinton's campaign chair.
Hacking - Emails - Factors - Investigation - Meddling
The hacking of his personal emails is one of the key factors in the investigation of Russian meddling in the U.S. elections, which makes his brother Tony's role all the more striking.
Tony Podesta told staff he is stepping down from his firm, after an investigation of former Trump campaign chair Paul Manafort's finances revealed lobbying work that the firm got paid to do in order to burnish Ukraine's image in the west.
Manafort - Party - Money - Scheme - Payments
Manafort represented a Ukrainian political party and is charged with orchestrating a vast money laundering scheme to hide foreign payments he stashed overseas.
Tony Podesta is relinquishing 'full operational and financial control' of the firm, Politico reported Monday.
Tony - Group - People - Source - Publication
“[Tony] was very magnanimous and said, “This is an amazing group of people,” a source told the publication, adding that he concluded he “needs to fight this as an individual, but doesn’t want the firm to fight it.”
It was not known at press time whether Podesta would also give up his stake in the firm. The firm was expected to announce a new name and organizational plan was within days.
Manafort - Work - Party - Ledger - Payments
Manafort did work for a pro-Moscow Ukrainian political party and showed up in a ledger of off-the-books payments that drew scrutiny during the campaign.
He also oversaw the European Centre for a Modern Ukraine (ECMU), an effort to boost the country's image in the west through funding a nonprofit.
NBC - Week - Mueller
NBC reported last week that Mueller was...
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