August 04, 2016

Hillary Clinton is growing cozier with the hydraulic fracturing industry, just months after she promised to heavily regulate it. The Democratic Party’s presidential candidate attended a $50,000 per place fundraiser in Aspen, Colo. on Tuesday, hosted by fracking magnate Charif Souaki. The event raised $650,000 for the campaign. As the International Business Times reported, Souaki “amassed his fortune working for natural gas companies including one he founded last year, Tellurian Investments.” A subsidiary of Tellurian, Driftwood LNG, filed for a license in June with the Federal Energy Regulatory Commission…

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The judicial body overseeing federal tax disputes has issued a ruling that expands what whistleblowers can claim as a reward when they help the government crack down on evasion. US Tax Court on Wednesday awarded $17.8 million to undisclosed informants—likely those who helped bring about the prosecution of a now-defunct Swiss bank called Wegelin & Co, according to The Wall Street Journal. The firm shuttered in 2013 after pleading guilty to conspiring with American taxpayers to obscure their assets from the Internal Revenue Service. The…

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