From the New York Post:
Peter Schweizer, who delved into the Clinton Foundation’s dealings in 2016’s “Clinton Cash,” has turned his sights to the money-making machinations of DC’s political elite.
His new book, “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” — due out Tuesday from Harper Collins — exposes how politicians engage in “corruption by proxy” by exploiting family and business ties to enrich themselves and their relatives.
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 and others:
In 2004, current Senate Majority Leader Mitch McConnell and his wife, current US Transportation Secretary Elaine Chao, had an average net worth of $3.1 million. Ten years later, that number had increased to somewhere between $9.2 million and $36.5 million.
One source of the windfall, according to a new book from Peter Schweizer, was a 2008 gift from Chao’s father, James Chao, for somewhere between $5 million and $25 million. But this gift could be seen as more than just a gift. It may have been acquired, according to Schweizer, thanks to the couple’s fealty to China, the source of the Chao family fortune. And that fealty may have occurred at the expense of the nation they had pledged to serve.
Read the whole thing …