According to The New York Times, Clinton may not have even directly participated in the decision. By law, the committee can’t veto a transaction only the president can.Īll nine federal agencies were required to approve the Uranium One transaction before it could go forward. CFIUS members are collectively charged with evaluating proposed foreign acquisitions for potential national security issues, then turning their findings over to the president. Clinton was one of nine cabinet members and department heads that sit on the CFIUS, and the secretary of the treasury is its chairperson. The Uranium One Deal Was Not Clinton’s to Veto or ApproveĪmong the ways these accusations stray from the facts is in attributing a power of veto or approval to Secretary Clinton that she simply did not have. Trump’s campaign repeated the allegation in a September 2016 press release, and again in an October 2016 television ad stating that Clinton “gave American uranium rights to the Russians”:Īn image circulating via social media during the final months of the presidential campaign asked the question, “So Hillary, if Russia is such a threat, why did you sell them 20% of our uranium? Are you a liar, or a traitor, or both?” Hillary Clinton’s State Department approved the transfer of 20% of America’s uranium holdings to Russia, while nine investors in the deal funneled $145 million to the Clinton Foundation. Secretary of State sits.ĭuring the same time frame that the acquisition took place, the Clinton Foundation accepted contributions from nine individuals associated with Uranium One totaling more than $100 million, Schweizer claimed in Clinton Cash. Among those who followed Schweizer in citing the transaction as an instance of alleged Clinton corruption was GOP presidential nominee Donald Trump, who said during a June 2016 speech in New York City: Nuclear Regulatory Commission (NRC) at closer to one-tenth of the United States’ uranium production capacity in 2017) - thus requiring the approval of the Committee on Foreign Investment in the United States (CFIUS), on which the U.S. reserves (a fraction re-estimated by the U.S. Hillary Clinton played a part in the transaction insofar as it involved the transfer of ownership of a material deemed important to national security - uranium, amounting to one-fifth of U.S. Shareholders there retained a controlling interest until 2010, when Russia’s nuclear agency, Rosatom, completed purchase of a 51% stake. The mining company, Uranium One, was originally based in South Africa, but merged in 2007 with Canada-based UrAsia Energy. uranium reserves to the new Russian owners of an international mining operation in exchange for $145 million in donations to the Clinton Foundation. May 2015 saw the publication of a book called Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich, an exposé of alleged Clinton Foundation corruption written by Peter Schweizer, a former Hoover Institution fellow and editor-at-large at the right-wing media company Breitbart.Ī chapter in the book suggests that the Clinton family and Russia each may have benefited from a “pay-for-play” scheme while Hillary Clinton was secretary of state, involving the transfer of U.S. In the months leading up to the 2016 United States presidential election, stories abounded about the relationships between the Clinton Foundation and various foreign entities.
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