The electric car company founded by former Gov. Terry McAuliffe filed for Chapter 11 bankruptcy this week, blaming in part a wave of negative coverage by a conservative news website for its financial woes.
GreenTech Automotive's bankruptcy petition cites 76 articles by the website Watchdog.org it says "negatively affected governmental, investor and public perception of GreenTech" and prompted investigations by the Securities and Exchange Commission and the Department of Homeland Security.
GreenTech in 2013 sued Watchdog.org, operated by the Franklin Center for Government and Public Integrity, for $85 million. A judge dismissed the case in 2014. read more
Since the tax law's passage in December, Republicans have watched it become more popular, the economic news grow more positive, and their own political standing improve. Now comes a much bigger challenge: Can the party's tax cuts actually move votes? A special House election in Pennsylvania next month will be the best political test yet of the tax law, a potential vindication of or warning to Republicans who hope that its passage will fundamentally alter a political environment that recently appeared to threaten their House majority.
Already, the race between Republican Rick Saccone and Democrat Conor Lamb has featured clashes over the tax legislation, with the candidates sparring over it at a debate and one GOP super PAC putting its message front-and-center in TV ads. Now, both parties will watch the contest's final three weeks closely for concrete signs of how the Republicans' signature legislative achievement is shaping the broader midterms landscape. read more
Democratic activists in Orange County threw an impromptu party with cake, party hats and singing after Republican Rep. Darrell Issa announced he was retiring. But the exhilaration over the opportunity to capture a Republican congressional seat quickly turned to political panic. There are so many Democrats running for Congress in some districts that they could split the votes in the June 5 primary and send two Republicans to the November election, thanks to California's top-two primary system. read more
Special counsel Robert Mueller turned up the pressure on former Trump campaign chairman Paul Manafort and aide Rick Gates, as a federal grand jury returned a new indictment Thursday charging the two men with tax and bank fraud. The new 32-count indictment returned by a grand jury in Alexandria, Virginia comes after Mueller separately charged the pair in Washington last year with money laundering and failing to register as foreign agents for their work related to Ukraine. The new indictment accuses Manafort and Gates of repeatedly understating their income on federal tax returns and of bank fraud surrounding three loans Manafort applied for in connection with various homes he owns. No new defendants were charged in the indictment, but it alleges that the men had a "conspirator" at at least one of the lenders from which Manafort obtained the loans. read more
Vermont Public Radio interviewed Sen. Bernie Sanders today, in response to listeners questions about the Mueller indictments he had this to say:
Listener: "If he was aware that Russians were trying to promote him and divide Democrats against Mrs. Clinton, why did he not communicate this to his supporters?"
Sen. Sanders: "I did not know that Russian bots were promoting my campaign. Russians bots were not promoting my campaign. What we found out is that in April and May, it appeared that there were lots of strange things happening, attacking Hillary Clinton."
Interviewer: "Why did you and your campaign did not tell supporters about Russian interference if you knew Moscow was meddling to sow divisions?"
Sen. Sanders: "I would say that the real question to be asked is what was the Clinton campaign -- they had more information about this than we did, and at this point, we were working with them." read more