Friday , May 26 2017
Home / Zerohedge / Comey Admits Under Oath That Obstructions To Investigations “Never Happened”

Comey Admits Under Oath That Obstructions To Investigations “Never Happened”

Summary:
Update: Citi's Aerin Williams notes that the USD is higher on the Comey video below: DXY is rallying as traders pass around a CSPAN video of Comey testimony from May 3. This is not a new testimony. Under oath, he suggests that there have been no obstructions by saying that a President did not seem to be telling Comey to stop investigations for political reason. One could imagine that the deputy Attorney General saw this testimony before appointing a special prosecutor, but it adds to the puzzle investors are trying to put together. Bloomberg Dollar Index: Note - 10Y Yields are not moving on this. *  *  * As we detailed earlier, next week's James Comey hearing is certainly setting up as a 'grab yr popcorn' moment with Democrats lining up for their 5 minutes of fame to ask the question

Topics:
Tyler Durden considers the following as important: , , , , , , , , , , , ,

This could be interesting, too:

Tyler Durden writes ESPN And The Bursting Of The Sports Bubble

Tyler Durden writes FX Chaos – Cable Cracks Lower On Election/Confidence; Chinese Yuan Spikes To 3-Month Highs

Tyler Durden writes David Rosenberg: “We Probably Will Have A Recession Next Year”

Tyler Durden writes The Bubble That Could Break The World

Update: Citi's Aerin Williams notes that the USD is higher on the Comey video below:

DXY is rallying as traders pass around a CSPAN video of Comey testimony from May 3. This is not a new testimony. Under oath, he suggests that there have been no obstructions by saying that a President did not seem to be telling Comey to stop investigations for political reason.

One could imagine that the deputy Attorney General saw this testimony before appointing a special prosecutor, but it adds to the puzzle investors are trying to put together.

Bloomberg Dollar Index:

Comey Admits Under Oath That Obstructions To Investigations

Note - 10Y Yields are not moving on this.

*  *  *

As we detailed earlier, next week's James Comey hearing is certainly setting up as a 'grab yr popcorn' moment with Democrats lining up for their 5 minutes of fame to ask the question that 'proves' Trump deserves impeachment. However, it appears there is no need for the hearing as Mr. Comey already confirmed - under oath - that "he has not been pressured to close an investigation for political purposes."

Testifying under oath in front of the Senate Judiciary Committee on May 3rd, Comey states that he has not been pressured to close an investigation for political purposes, "not in my experience."

COMEY: Not in my experience. Because it would be a big deal to tell the FBI to stop doing something like that -- without an appropriate purpose.

I mean where oftentimes they give us opinions that we don't see a case there and so you ought to stop investing resources in it. But I'm talking about a situation where we were told to stop something for a political reason, that would be a very big deal.

It's not happened in my experience.

Caught on tape?

Some have pointed out that Comey is responding specifically to a question whether someone at the Department of Justice or the Attorney General had ever asked him to halt an investigation.

That is true, however, his response is not specific. His response is general...

" it would be a big deal to tell the FBI to stop doing something like that -- without an appropriate purpose... I'm talking about a situation where we were told to stop something for a political reason, that would be a very big deal... It's not happened in my experience."

It seems like ANY "pressure" to stop an investigation is a "big deal" and that's "not happened."

Tyler Durden
Tyler Durden (a pseudonym) represents the idea that a return to truly efficient markets is a possibility and a necessity. After having experienced the inner workings of capitalism at various asset managers and advisors, Tyler believes that the current model is flawed and a deleveraging at every level of modern society is needed to reinspire the fundamental entrepreneurial spirit.

Leave a Reply

Your email address will not be published. Required fields are marked *