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Brennan’s Role During the 2016 Elections, In His Own Words

April 21, 2020 by Jeff Carlson, CFA

The role played by the CIA during the 2016 investigation into the Trump campaign is increasingly receiving attention as ranking member of the House Intelligence Committee Devin Nunes (R-Calif.) says he is “laser-focused” on uncovering what the CIA provided to the FBI as part of the ‘Crossfire Hurricane’ probe.

“In 2016, we know from great work that Trey Gowdy did at the time … that the CIA gave information over to the FBI in 2016,” Nunes told Fox News in an interview. “We now are laser-focused on that. We need to know: Exactly what did the CIA give to the FBI in 2016? That’s what our investigation is now focusing on.”Continue Reading

Declassification Raises Further Questions About Timing of Obama Data Sharing Order

April 20, 2020 by Jeff Carlson, CFA

In a newly unredacted footnote from the Department of Justice (DOJ) inspector general’s report on Foreign Intelligence Surveillance Act (FISA) abuses, the urgency behind the FBI obtaining a FISA warrant on Trump campaign adviser Carter Page becomes clear.

Inspector General Michael Horowitz in his report detailed a last-minute flurry of activity that transpired ahead of the issuance of the Page FISA, including a possible intervention from then-Deputy FBI Director Andrew McCabe, to push a seemingly reluctant DOJ official, Stuart Evans, for approval.Continue Reading

Inspector General Audit Finds Widespread Problems With FBI’s FISA Applications

March 31, 2020 by Jeff Carlson, CFA

IG interrupts ongoing audit to inform FBI it does “not have confidence” in the agency’s compliance with Woods Procedures

Department of Justice (DOJ) Inspector General Michael Horowitz has told FBI Director Christopher Wray that, as a result of a recent audit, he does “not have confidence that the FBI has executed its Woods Procedures in compliance with FBI policy.”

Continue Reading

FISA Court Reprimands FBI, But Makes a Notable Error Itself

March 5, 2020 by Jeff Carlson, CFA

The presiding judge of the Foreign Intelligence Surveillance Act (FISA) court, James Boasberg, issued a 19-page opinion and order on March 5, examining possible remedies for the material errors and omissions made by the FBI in its surveillance application on former Trump campaign foreign policy adviser Carter Page.

According to Boasberg, the “frequency and seriousness of these errors” in the Page case, combined with the sensitive nature and high-level review of the case by the Department of Justice (DOJ) and FBI “have called into question the reliability of the information proffered in other FBI applications.”Continue Reading

McCabe Says He Was ‘Unfairly Branded a Liar,’ but IG Report Found He Lacked Candor Under Oath

February 18, 2020 by Jeff Carlson, CFA

On Feb. 14, 2020, the Department of Justice (DOJ) sent a letter to the attorneys for former FBI Deputy Director Andrew McCabe, notifying them that the department would not be pursuing criminal charges against McCabe for matters raised in a referral made by DOJ Inspector General Michael Horowitz.Continue Reading

Wray’s Testimony, FISA Fallout, and Hunter’s Travel Records–3 Events Overshadowed by President Trump’s Acquittal

February 18, 2020 by Jeff Carlson, CFA

Note: This post was originally written on February 7, 2020

While President Donald Trump’s acquittal by the Senate on Feb. 5 dominated the news this week, there were three other significant developments that received little attention.Continue Reading

Barr’s DOJ Signals Willingness to Act on Politically Charged Cases

February 11, 2020 by Jeff Carlson, CFA

AG reportedly assigns US attorney to review Ukraine information on Biden; DOJ disputes Stone sentencing recommendation

On Feb. 9, Sen. Lindsey Graham (R-S.C.) said during an appearance on CBS News’ “Face the Nation” that he intends to call witnesses regarding the many problematic issues surrounding Foreign Intelligence Surveillance Act (FISA) abuses that were highlighted in the Department of Justice Inspector General’s report.Continue Reading

Sen. Paul Uses Senate Floor Speech to Pose Question Blocked by Chief Justice Roberts

February 4, 2020 by Jeff Carlson, CFA

Sen. Rand Paul (R-Ky.) on Feb. 4 posed a question in the Senate that Chief Justice John Roberts refused to read out loud last week in the chamber during the impeachment trial of President Donald Trump.

In his question, Paul named a former National Security Council official widely alleged to have been the whistleblower regarding a phone call between Trump and his Ukrainian counterpart Volodymyr Zelensky, which ultimately led to the president’s impeachment in the House.Continue Reading

DOJ Determines 2 FISA Spy Warrants on Trump Campaign Adviser Were “Not Valid”

January 23, 2020 by Jeff Carlson, CFA

In a declassified Jan. 7, 2020, order released by Presiding FISA Court Judge James Boasberg, it was revealed that the Department of Justice (DOJ) has determined that two of the four FISA applications on former Trump 2016 presidential campaign adviser Carter Page were “not valid.”

The court wrote that it had received notice of “material misstatements and omissions” in the FISA applications made on Page, apparently with respect to the final two FISA renewals. The court also noted that the DOJ had made the assessment that with regard to these two applications, “there was insufficient predication to establish probable cause to believe that [Carter] Page was acting as an agent of a foreign power.”Continue Reading

FBI Agent Who Interviewed Gen. Flynn Played Critical Role in Trump Campaign Investigation

December 27, 2019 by Jeff Carlson, CFA

DOJ internal investigation reveals the special agent was supervisor of Crossfire Hurricane, played key role in problematic FISA application

One of the special FBI agents who interviewed President Donald Trump’s national security adviser, Lt. Gen. Michael Flynn, at the White House in January 2017, played a much bigger role in the FBI’s counterintelligence investigation into the Trump campaign—known as Crossfire Hurricane—than previously assumed, a report by Department of Justice Inspector General Michael Horowitz reveals.Continue Reading

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Jeff Carlson is a CFA® charterholder.

He worked for 20 years as an analyst and portfolio manager in the High Yield Bond Market. He holds degrees in finance and economics.

He is also a regular contributor to The Epoch Times

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