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RussiaGate: Hillary Clinton and John Podesta's Troubling Ties to Russia

Peter Schweizer, president of the Government Accountability Institute and the author of “Clinton Cash,” explained on Fox News Tuesday how a Russia connection to the Clinton campaign and Obama presidency is much bigger and more troubling than anything Democrats have accused Team Trump of.

During his appearance on “Fox & Friends,” Schweizer alleged that Clinton campaign chair John Podesta probably violated federal law when he failed to disclose his stock holdings in a Kremlin-funded company.

“In 2011, John Podesta joins the board of this very small energy company called Joule Energy based out of Massachusetts," Schweizer said. "About two months after he joins the board, a Russian entity called Rusnano puts a billion rubles -- which is about 35 million dollars -- into John Podesta’s company. Now, what is Rusnano? Rusnano is not a private company, Steve. It is a fund directly funded by the Kremlin. In fact, the Russian science minister called Rusnano Putin’s child. So you have the Russian government investing in one of John Podesta’s businesses in 2011, while he is an advisor to Hillary Clinton at the State Department.”

"Does anyone in Trump's circle rise to the level where there's this kind of money involved?" asked host Steve Doocy.

Schweizer answered that he hadn't seen anything like that yet. "Nobody that has an advisory role in the White House has had this money exchange. And certainly the money hasn't exchanged as far as we know while they have been advising the president," he said, pointing out that while he was an advisor in the Obama White House, Podesta owned stock shares with "Putin's Child" and failed to disclose it.

“So then in 2013, he goes to the White House, to be a special counselor to Barack Obama, and that requires that you, you know, have financial disclosures every year," he explained. "In his financial disclosure form in 2013, he not only fails to disclose these 75,000 shares of stock that he has in Joule Energy, which is funded in part by the Russian government. He also fails to disclose that he is on one of the three corporate boards that this entity has. It’s got this very complex ownership structure. He discloses he is on the company in Massachusetts, that is he on the board of a company in the Netherlands, but he fails to disclose that he is also on the executive board of the holding company. That’s a clear violation of the disclosure rules that I think needs to be looked at.”

He added, “What makes the Podesta case clear is there was a transfer of money and there was a transfer of a lot of money that stood to make John Podesta a lot of money. That is unique and that’s extremely troubling because at the time that transfer is taking place he is advising Hillary Clinton at the State Department. We know that from the Podesta emails that he is helping her make personnel decisions, speech decisions, policy decisions. He is meeting with her monthly. It’s a transfer of money from a foreign government, at the time that he is advising America’s chief diplomat, Hillary Clinton.”