Mueller investigation

Overstock CEO resigns due to romantic involvement with Russian agent

overstock ceo
Overstock CEO Patrick Byrne. Photo: Steven Ferdman/Getty Images

Patrick Byrne resigned as CEO of online retailer Overstock.com Thursday after the company publicly announced his relationship with admitted Russian agent Maria Butina, the New York Times reports.

The big picture: Writing in a letter to shareholders, Byrne said his disclosure "may affect and complicate all manner of business relationships." The relationship lasted from 2015 to 2018 and was mostly unknown until Overstock posted a news release last week. Byrne was involved in the federal inquiry into the 2016 presidential election that was handled separately from special counsel Robert Mueller's investigation into Russian interference. He said he had helped law enforcement agents with their "Clinton Investigation" and "Russia Investigation," per NYT.

The RNC raised nearly $21 million in July

President Trump at a Make America Great Again rally in 2017. Photo: Jim Watson/AFP/Getty Images

The Republican National Committee told Axios ahead of its FEC filings Tuesday that the group raised $20.8 million in July — largely due to online fundraising campaigns around Robert Mueller's testimony and the 2020 Democratic debates.

Why it matters: That's the most money the organization has raised in July in an off-cycle year — nearly double the $10.6 million it received from GOP donors in July 2017.