{"id":126269,"date":"2019-08-04T14:27:35","date_gmt":"2019-08-04T18:27:35","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=126269"},"modified":"2019-08-04T14:29:45","modified_gmt":"2019-08-04T18:29:45","slug":"aocs-cos-charkrabarti-resigns-under-pressure-from-federal-investigation","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=126269","title":{"rendered":"AOC&#8217;s CoS Charkrabarti Resigns Under Pressure from Federal Investigation"},"content":{"rendered":"<h1>AOC&#8217;s Just-Resigned Chief Of Staff Under Federal Investigation<\/h1>\n<p><!--more-->ZeroHedge.com<\/p>\n<p>It looks like we have an answer for why Rep. Alexandria Ocasio-Cortez&#8217;s chief-of-staff abruptly resigned on Friday; he&#8217;s under federal investigation.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/aoc%20chakr11.jpg?itok=5bm6yC97\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/aoc%20chakr11.jpg?itok=5bm6yC97\" data-link-option=\"0\"><picture><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20chakr11.jpg?itok=zGpFhMLB 1x\" type=\"image\/jpeg\" media=\"all and (min-width: 1280px)\" \/><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20chakr11.jpg?itok=zGpFhMLB 1x\" type=\"image\/jpeg\" media=\"all and (min-width: 480px)\" \/><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20chakr11.jpg?itok=zGpFhMLB 1x, https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20chakr11.jpg?itok=zGpFhMLB 2x\" type=\"image\/jpeg\" media=\"all and (min-width: 1024px)\" \/><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20chakr11.jpg?itok=zGpFhMLB 1x\" type=\"image\/jpeg\" media=\"all and (min-width: 768px)\" \/><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/aoc%20chakr11.jpg?itok=5bm6yC97 1x\" type=\"image\/jpeg\" \/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/aoc%20chakr11.jpg\" alt=\"\" width=\"500\" height=\"292\" data-entity-type=\"file\" data-entity-uuid=\"c513e0be-8a46-416e-af96-f639748c4233\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>According to the\u00a0<a href=\"https:\/\/nypost.com\/2019\/08\/03\/feds-probing-aocs-chief-of-staff-saikat-chakrabarti-after-sudden-resignation\/\"><em>New York Post<\/em><\/a>, Saikat Chakrabarti &#8211; the architect behind AOC&#8217;s meteoric rise from bartender to ball-buster,\u00a0<strong>is being investigated in connection with two political action committees he founded<\/strong>.<\/p>\n<blockquote><p>The two PACs being probed, Brand New Congress and Justice Democrats, were both set up by Chakrabarti to support progressive candidates across the country.<\/p>\n<p>But\u00a0<strong><a href=\"https:\/\/nypost.com\/2019\/03\/05\/ocasio-cortez-aide-accused-of-funneling-1m-into-private-accounts\/\">they funneled more than $1 million<\/a>\u00a0in political donations into two private companies that Chakrabarti also incorporated and controlled<\/strong>, according to Federal Election Commission filings and a complaint filed in March with the regulatory agency.<\/p>\n<p>In 2016 and 2017, the PACs raised about $3.3 million, mostly from small donors.\u00a0<strong>A third of the cash was transferred to two private companies whose names are similar to one of the PACs<\/strong> \u2014 Brand New Congress LLC and Brand New Campaign LLC \u2014 federal campaign filings show. &#8211;<em><a href=\"https:\/\/nypost.com\/2019\/08\/03\/feds-probing-aocs-chief-of-staff-saikat-chakrabarti-after-sudden-resignation\/\">New York Post<\/a><\/em><\/p><\/blockquote>\n<aside id=\"my_spring1\"><\/aside>\n<p>As the\u00a0<em>Post<\/em>\u00a0notes, PACs are required to adhere to stringent disclosure rules, while the private companies Chakrabarti funneled money into\u00a0<em>are not<\/em>.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/aoc%20and%20chief1_0.jpg?itok=8MmZHnqE\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/aoc%20and%20chief1_0.jpg?itok=8MmZHnqE\" data-link-option=\"0\"><picture><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20and%20chief1_0.jpg?itok=RxgimxgQ 1x\" type=\"image\/jpeg\" media=\"all and (min-width: 1280px)\" \/><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20and%20chief1_0.jpg?itok=RxgimxgQ 1x\" type=\"image\/jpeg\" media=\"all and (min-width: 480px)\" \/><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20and%20chief1_0.jpg?itok=RxgimxgQ 1x, https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20and%20chief1_0.jpg?itok=RxgimxgQ 2x\" type=\"image\/jpeg\" media=\"all and (min-width: 1024px)\" \/><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_desktop\/public\/inline-images\/aoc%20and%20chief1_0.jpg?itok=RxgimxgQ 1x\" type=\"image\/jpeg\" media=\"all and (min-width: 768px)\" \/><source srcset=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/aoc%20and%20chief1_0.jpg?itok=8MmZHnqE 1x\" type=\"image\/jpeg\" \/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/aoc%20and%20chief1_0.jpg\" alt=\"\" width=\"500\" height=\"304\" data-entity-type=\"file\" data-entity-uuid=\"8b35707b-2528-4ed6-8544-b356956e0d72\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>According to a complaint filed by Virginia government watchdog group &#8211;\u00a0the National Legal and Policy Center, Chakrabarti&#8217;s LLCs\u00a0<strong>appear to have been specifically designed to circumvent federal reporting requirements.\u00a0<\/strong><\/p>\n<p>As noted by the\u00a0<i>Washington Examiner\u00a0<\/i>in March:<\/p>\n<aside id=\"in-content-dianomi\" class=\"placement placement-embedded placement-dianomi\"><\/aside>\n<blockquote><p>The cash transfers from the PACs \u2014 overseen by Saikat Chakrabarti, the freshman socialist Democrat&#8217;s chief of staff \u2014 run counter to her pledges to increase transparency and reduce the influence of &#8220;dark money&#8221; in politics.<\/p>\n<p><strong>Chakrabarti&#8217;s companies appear to have been set up<u>for the sole purpose of obscuring how the political donations were used.<\/u><\/strong><\/p>\n<p><strong>The arrangement skirted reporting requirements and may have violated the $5,000 limit on contributions from federal PACs to candidates<\/strong>, according to the complaint filed by the National Legal and Policy Center, a government watchdog group. &#8211;<a href=\"https:\/\/www.washingtonexaminer.com\/politics\/ocasio-cortezs-chief-of-staff-ran-1m-slush-fund-by-diverting-campaign-cash-to-his-own-companies\"><em>Washington Examiner<\/em><\/a><\/p><\/blockquote>\n<p>According to the\u00a0<em>Post<\/em>, &#8220;Federal authorities are looking at new salary rules imposed by Ocasio-Cortez when she took office earlier this year, and whether they were put in place to let Chakrabarti dodge public financial-disclosure rules, according to sources.&#8221;<\/p>\n<p>Interestingly, the Harvard-educated\u00a0<strong>Chakrabarti agreed to take a massive pay cut\u00a0<\/strong>this year &#8211; taking in just $80,000, while the average pay for his position is $146,830. With a salary below $126,000,\u00a0<strong>he was not required to disclose his outside income.\u00a0<\/strong><\/p>\n<p>And now, he&#8217;s under federal investigation.<\/p>\n<p>___<br \/>\n<a href=\"https:\/\/www.zerohedge.com\/news\/2019-08-04\/and-here-it-aocs-just-resigned-chief-staff-under-federal-investigation\">https:\/\/www.zerohedge.com\/news\/2019-08-04\/and-here-it-aocs-just-resigned-chief-staff-under-federal-investigation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AOC&#8217;s Just-Resigned Chief Of Staff Under Federal Investigation<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-126269","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/126269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126269"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/126269\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}