EXCLUSIVE – Barney Frank Confirms: No Congressional Oversight of Clinton Cash Uranium Deal

Retired Congressman Barney Frank (D-MA) tells Breitbart News in an exclusive interview that while he served as chairman of the House Financial Services Committee, Congress exercised no oversight over the activities of the Committee on Foreign Investment in the United States (CFIUS).

In 2010, during his tenure as chairman, CFIUS approved the controversial ARMZ-Uranium One transaction that gave the Russian government control of 20 percent of American uranium deposits.

The failure of then-Secretary of State Hillary Clinton to disclose the ties between executives at Uranium One, who benefited financially from the approval of the transaction, is at the center of the conflict of interest scandals outlined in Clinton Cash, the recently released book written by Breitbart News editor-at-large Peter Schweizer.

“There’s no way you’re going to tie me into this,” Frank tells Breitbart News.

As chairman of the House Financial Services Committee in 2010, Frank was the key person in Congress with whom CFIUS communicated. The 2007 law he helped pass authorized Congressional oversight of CFIUS actions, and in his capacity as chairman Frank was one of the members of Congress most directly responsible for CFIUS oversight.

But Frank recalls his role in that oversight process as virtually non-existent.

Breitbart News asked Frank if he recalled receiving a communication from CFIUS on October 22, 2010 when the panel approved the ARMZ-Uranium One transaction.

“I don’t remember that,” Frank tells Breitbart News. “We [Congress] had no power.”

“This [ARMZ-Uranium One transaction] never came to my attention. I don’t remember it being very controversial,” Frank says.

Frank does not recall his Republican colleagues on the committee at the time raising objections to the CFIUS approval of the ARMZ-Uranium One transaction.

“I do not remember any Republican member of the Financial Services Committee raising that issue with me,” Frank says.

Read more: EXCLUSIVE - Barney Frank Confirms: No Congressional Oversight of Clinton Cash Uranium Deal

Bottom line …

There is little or no doubt that Barney Frank was a very powerful member of the progressive socialist democrats who was a sharp-tonged partisan hack who engaged in cronyism (his boyfriend was hired by Fannie Mae) and corruption (telling Maxine Waters to let him handle the dealings with her husband’s bank that wanted a bailout), and deception (touting Fannie Mae and Freddie Mac and safe and sound prior to their takeover by the government).

So it is funny that he claims “There’s no way you’re going to tie me into this.” Not that he had anything to do with the issue, but that his ignorance indicates how malfeasant the politicians are when it comes to oversight of this nation’s critical financial infrastructure.

We are so screwed.

-- steve