May 23, 2018

Pelosi, Schumer want Democrats included in FBI informant meeting

Senate Minority Leader Chuck Schumer (D-NY) and House Minority Leader Nancy Pelosi (D-CA). Photo: Win McNamee/Getty Images

Democratic congressional leaders Rep. Nancy Pelosi and Sen. Chuck Schumer on Wednesday urged the FBI and Justice Department to include top lawmakers from both parties at a highly sensitive meeting about the Russia investigation, instead of the two House Republicans the White House invited.

This meeting is completely improper in its proposed form and would set a damaging precedent for our institutions and the rule of law. 
— Pelosi and Schumer wrote in a letter to Deputy Attorney General Rod Rosenstein and FBI Director Christopher Wray

The details: House Intelligence Committee Chairman Rep. Devin Nunes (R-Calif.) and House Oversight Committee Chairman Rep. Trey Gowdy (R-SC) will meet with top intelligence and law enforcement officials to discuss classified intel related to an F.B.I. informant who contacted members of the Trump campaign in the early days of the Russia probe.

  • As Axios' David Nather notes, it's now clear from multiple reports that the FBI had an informant who talked to two campaign advisers, but not that the informant was planted on the inside.

The other side: White House Press Secretary Sarah Sanders said Tuesday that Democrats will not attend the meeting coordinated by White House Chief of Staff John Kelly because "my understanding is they haven't been the ones requesting this information."

Go deeper: Read the letter Pelosi's and Schumer's joint letter here

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Situational awareness

Photo: Brett Carlsen/Getty Images

Catch up on today's biggest news:

  1. Mike Bloomberg offers to release women from 3 NDAs
  2. Wells Fargo to pay $3 billion to settle consumer abuse charges
  3. Bloomberg campaign says Tennessee vandalism "echoes language" from Bernie supporters
  4. Scoop: New White House personnel chief tells Cabinet liaisons to target Never Trumpers
  5. Nearly half of Republicans support pardoning Roger Stone

Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.

Bloomberg offers to release women from 3 nondisclosure agreements

Mike Bloomberg. Photo: Brett Carlsen/Getty Images

Mike Bloomberg said Friday his company will release women identified to have signed three nondisclosure agreements so they can publicly discuss their allegations against him if they wish.

Why it matters, via Axios' Margaret Talev: Bloomberg’s shift in policy toward NDAs comes as he tries to stanch his loss of female support after the Las Vegas debate. It is an effort to separate the total number of harassment and culture complaints at the large company from those directed at him personally. That could reframe the criticism against him, but also protect the company from legal fallout if all past NDAs were placed in jeopardy.