Report: Russia's Biggest Bank Paid Podesta Group to Fight U.S. Sanctions

More liberal hypocrisy.

Hypocrisy is the defining character trait of any Leftist.

Liberals have worked themselves into a lather over their contrived Cold War 2.0 with Mother Russia. Too bad they didn't care when Hillary Clinton sold 20% of our nation's uranium to the Russian government-owned Uranium One.  And too bad they didn't care about Russia ties between Clinton's campaign manager, John Podesta, and his brother Tony. Yes, the Podesta Group was paid $170,000 in a six-month period in 2016 to represent Russia's largest bank, Sberbank, to end an Obama administration sanction, The Daily Caller reports:

Podesta is the brother of John Podesta, who was the national campaign chairman for former Secretary of State Hillary Clinton’s losing 2016 campaign for the presidency. Former President Barack Obama imposed the sanctions following the Russian seizure of the Crimean region of Ukraine in 2014.

Podesta, founder and chairman of the Podesta Group, is listed as a key lobbyist on behalf of Sberbank, according to Senate lobbying disclosure forms. His firm received more than $24 million in fees in 2016, much of it coming from foreign governments, according to the nonpartisan Center for Responsive Politics.

The lobbying campaign targeted Congress and the executive branch, with Podesta and other lobbyists arranging at least two meetings between Sberbank officers and Department of State officials, according to Elena Teplitskaya, Sberbank’s board chairman, who spoke to House aides in August.

The discovery of high-profile Democrats like Podesta being paid lucrative fees for lobbying to lift U.S. sanctions on Russia contrasts with charges from Democrats that President Donald Trump and his key aides are soft on Russia while the Obama administration was tough on Moscow.

Podesta’s efforts were a key part of under-the-radar lobbying during the 2016 U.S. presidential campaign led mainly by veteran Democratic strategists to remove sanctions against Sberbank and VTB Capital, Russia’s second largest bank.

The two Russian banks spent more than $700,000 in 2016 on Washington lobbyists as they sought to end the U.S. sanctions, according to Senate lobbying disclosure forms and documents filed with the Department of Justice.

The DC reports that both Sberbank and VTB Capital "face severe cash shortages due to plunging oil prices, plus the U.S. sanctions. If the economic sanctions were lifted, however, both banks could legally seek funds from American financial institutions."

A congressional aide who spoke to DC on condition of anonymity noted that Democrats were "with us here in the House and meeting directly with the administration behind closed doors on the issue of the sanctions."

"The hypocrisy could not be any richer," he added.

The full report goes into greater detail and can be accessed here.

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