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Tony Podesta resigns from Podesta Group as investigators close in on Clinton-Russia collusion

Jacob Wohl



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Tony Podesta is leaving The Podesta Group, a lobbying firm that he started with his brother John Podesta, amid multiple investigations into connections with Russia.

The Podesta Group is the lobbying firm that represented Russian interests in the now infamous Uranium One deal.

The Podesta Group released a statement Monday morning, saying  “[Tony] was very magnanimous and said, “This is an amazing group of people,” a source said of Podesta’s remarks. Podesta also told staff he “doesn’t intend to go quietly, or learn how to play golf.” He said he “needs to fight this as an individual, but doesn’t want the firm to fight it.”

The Podesta Group filed a disclosure in April indicating that it had worked for the same Ukrainian and Russian groups as Paul Manafort, who was indicted on Friday and arraigned early this morning.

Paul Manafort and Richard Gates had allegedly worked on behalf of a nonprofit known as the European Centre for a Modern Ukraine, lobbying on behalf of the Pro-Kremlin group inside the US. The Podesta Group was one of the firms hired to handle PR for the project.

So far, more than a dozen lobbying clients have cut ties with the Podesta Group, according to public disclosures.

Jacob Wohl is the CEO and Head of Fixed Income and Interest Rates for Montgomery Assets, a proprietary trading and asset management firm based in Los Angeles, CA. Jacob Wohl is the host of the Offended America Podcast

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