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House backs legislation to undo most of Obama's landmark banking reforms

House passes legislation rippping Dodd FrankThe Republican-led House has backed legislation to undo much of Barack Obama’s landmark banking law created after the 2008 economic crisis.

Republicans argued that rules designed to prevent another meltdown were making it harder for community banks to operate and hampering the economy. The House passed the bill 233 to 186.

Donald Trump said he wants to do “a big number” on what is known as the Dodd-Frank Act.


Comey says Trump lied, ordered him to drop Flynn probe

Comey testifiesFired FBI Director James Comey told Congress today that he saw President Donald Trump’s repeated pressure that he curtail the bureau’s investigation of Russian election-meddling as an attempt to create a “patronage” relationship in which he would bow to the president’s demands. He said he understood Trump to be ordering him to drop a probe of ousted national security adviser Michael Flynn.

“I took it as a direction,” Comey told lawmakers when asked about the private Valentine’s Day chat at the White House during which he quoted Trump as saying, “I hope you can see your way clear to letting this go, to letting Flynn go.”


White House orders agencies to ignore Democrats’ oversight requests

Trump orders agencies to ignore oversight rerquestsThe White House is telling federal agencies to blow off Democratic lawmakers' oversight requests, as Republicans fear the information could be weaponized against President Donald Trump.

At meetings with top officials for various government departments this spring, Uttam Dhillon, a White House lawyer, told agencies not to cooperate with such requests from Democrats, according to Republican sources inside and outside the administration.


Grassley calls for investigation into Chinese promotion of Kushner family company deal

Grassley calls for investigation into Kushner family China dealSen. Chuck Grassley (R-Iowa), the chairman of the Judiciary Committee, is calling for an investigation into “potentially fraudulent statements and misrepresentations” made by a Chinese company promoting investments in property partly managed by White House adviser Jared Kushner's family's company.

Reuters noted that Grassley cited one of its reports in a May 25 letter to the Department of Homeland Security and the Securities and Exchange Commission calling for the probe.


Senate Intel Committee demands Trump campaign to turn over all docs

Seante intel comm. asks for campaign infoThe Senate Intelligence Committee has reportedly asked President Trump's campaign to turn over all of its emails, documents and phone records as it continues its investigation of Russian interference in the 2016 presidential election.

Officials briefed on the request told The Washington Post that the committee had sent a letter signed by committee chairman Sen. Richard Burr (R-N.C.) and ranking Democrat Sen. Mark Warner (Va.) to Trump's campaign committee last week.


Top House Intel Dem: Flynn Not Cooperating With Russia Probe, Subpoenas Coming

Michael FlynnThe House intelligence committee is preparing to issue subpoenas against Michael Flynn after the former national security adviser denied a request to voluntarily turn over documents related to the committee’s Russia probe.

Rep. Adam Schiff (Calif.), the ranking Democrat on the committee, said on Wednesday that the committee is prepared to use “whatever compulsory process we need” to obtain information from Flynn if he does not cooperate with the subpoenas. He added that the committee could issue additional subpoenas if other witnesses fail to cooperate, but did not name additional individuals.


Ex-CIA director John Brennan: 'Unresolved questions' about Trump campaign ties to Russia

John BrennanFormer CIA director John Brennan said Tuesday he doesn't know whether there was collusion between the Trump campaign and Russian officials in the 2016 election, but he left office in January with "unresolved questions" about whether Russia had been successful in getting Trump campaign officials to act on its behalf "either wittingly or unwittingly."

"I encountered and am aware of information and intelligence that revealed contacts and interactions between Russian officials and U.S. persons involved in the Trump campaign that I was concerned about because of known Russian efforts to suborn such officials," Brennan testified before the House Intelligence Committee. "I don't know if such collusion — your words — existed. I don't know. But I know there was sufficient intelligence ... to warrant investigation by the (FBI)."


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