• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump cuts off federal resources for law firm that helped fuel 2016 Russia hoax

by March 7, 2025
written by March 7, 2025

President Donald Trump signed an executive order Thursday that would rescind security clearances and access to certain federal resources for Perkins Coie. It’s the law firm that hired the company responsible for crafting the so-called ‘Steele dossier’ containing salacious material about Trump’s alleged connections to Russia, which the president has denied. 

‘This is an absolute honor to sign,’ Trump told reporters Thursday. ‘What they’ve done, it’s just terrible. It’s weaponization. You could say weaponization against a political opponent, and it should never be allowed to happen again.’ 

Specifically, the executive order suspends security clearances for Perkins Coie employees until a further review evaluating its access to sensitive information is complete to determine if it aligns with the national interest. 

Additionally, the order cuts off access to sensitive information facilities for Perkins Coie employees and will limit the company’s access to government employees. The order also the federal government from hiring Perkins Coie employees without specific authorization. 

Likewise, the federal government is prohibited from hiring contractors that use the law firm.

The international law firm represented Hillary Clinton’s campaign and the Democratic National Committee in the 2016 election and former President Joe Biden after Trump challenged Biden’s win in the 2020 election.

Perkins Coie first came under scrutiny after Marc Elias, the former chair of the firm’s political law practice, hired opposition research firm Fusion GPS to conduct opposition research into presidential candidate Trump in April 2016 on behalf of Trump’s opponent, Clinton, and the Democratic National Committee.

Fusion GPS then hired former British intelligence officer Christopher Steele, who composed the so-called ‘Steele dossier.’ The document included scandalous and mostly unverified allegations, including details that Trump engaged in sex acts with Russian prostitutes.  

Trump repeatedly denied allegations included in the dossier and filed a lawsuit against Orbis Business Intelligence, a company Steele co-founded. Trump’s legal team claimed he ‘suffered personal and reputational damage and distress’ as a result of the dossier, but a judge in London pitched the lawsuit in February 2024. 

The dossier first became public in 2017 when BuzzFeed News published it. The Justice Department’s inspector general lambasted the agency and the FBI in 2019 for using the document to make a case in securing surveillance applications against former Trump campaign advisor Carter Page as part of the agency’s investigation into Russian interference in the 2016 election. 

Still, the inspector general determined that no political bias motivated the surveillance of Page or the launching of Russia investigations. 

Requests for comment by Perkins Coie were not immediately answered. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Moderates reveal why they didn’t join fellow Dems to censure Al Green
next post
Hamas treatment of hostages ‘intolerable,’ Trump envoy says

related articles

As Trump urges deal, Cuban president warns that...

January 12, 2026

I was told I was a boy. Supreme...

January 12, 2026

Rand Paul says Trump’s threat to bomb Iran...

January 12, 2026

Iran’s collapse or survival hinges on one choice...

January 12, 2026

Expert warns of ‘extreme violence’ in Venezuelan mining...

January 12, 2026

US used sonic weapon on Venezuelan troops, report...

January 11, 2026

Federal judge blocks Trump administration from enforcing mail-in...

January 11, 2026

Trump responds to post suggesting Rubio as president...

January 11, 2026

Netanyahu and Rubio discuss US military intervention in...

January 11, 2026

Protester scales Iranian Embassy in London, tears down...

January 11, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Who is Susie Wiles, Trump’s White House chief of staff? 5 things to know

    November 8, 2024
  • Alcohol warning regulations hit struggling restaurants hard: here’s what you need to know

    January 9, 2025
  • Trump embraces Dem policies traditionally rejected by GOP in bid to build ‘party of common sense’

    May 16, 2025
  • MIKE DAVIS: Eric Tung is Trump’s pick to bring sanity to the Ninth Circuit

    August 9, 2025
  • Mike Waltz sees Trump’s Gaza plan as ‘once-in-a-generation opportunity for peace’

    October 4, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,410)
  • Investing (814)
  • Stock (965)

Latest Posts

  • RFK Jr’s running mate says Democrats are ‘terrified’ their campaign may join forces with Trump

    August 22, 2024
  • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

    May 14, 2025
  • Federal courts will not make criminal referrals to DOJ over separate ethics complaints against Justice Thomas

    January 3, 2025

Recent Posts

  • Trump promises cheaper drugs under TrumpRx, but economists say the long-term costs may be hidden

    December 23, 2025
  • SafeMoon and Litecoin: Litecoin in recovery from yesterday

    August 29, 2024
  • ‘Big win’: Trump touts federal funding bill passage in the House

    March 12, 2025

Editor’s Pick

  • Riley Gaines featured in Trump HHS website that builds on ‘two sexes’ executive order

    February 20, 2025
  • S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%

    December 4, 2024
  • Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

    August 29, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock