The opposition President Trump has faced since taking office has included a number of Republicans who are willing to betray their own party and constituents just to see Trump fail.
According to Politico, one of these anti-Trump Republicans was investigated for years of financial malfeasance. It’s Senator Bob Corker (R-TN), and the FBI was looking into evidence of insider trading and fraud.
Senator Corker has been all over the news for his public spat with Trump over the weekend, according to the Daily Mail. It started shortly after Corker announced he was no longer running for re-election.
President Trump took a jab at Corker on twitter saying, “Senator Corker “begged” me to endorse him for re-election in Tennessee. I said “NO” and he dropped out (said he could not win without…)”
He continued in another tweet, “(…my endorsement). He also wanted to be Secretary of State, I said “NO THANKS”. He is also largely responsible for the horrendous Iran Deal!”
Corker fired back with his own twitter jab “It’s a shame the White House has become an adult day care center. Someone obviously missed their shift this morning.”
This sparked a series of back and forth tweets with Corker criticizing Trump’s presidency and Trump attacking Corker for his senatorial failings.
But lost in all the Twitter drama was the reason why Corker announced his retirement. One possible explanation is the investigations conducted into Corker in previous years for his financial holdings and how he obtained them.
In 2016, the FBI and Security Exchange Commission looked into Corker’s finances to determine if there was evidence of insider trading and fraud regarding his dealings with CBL & Associates Properties Inc.
CBL is a major real estate investment trust based in Chattanooga, Tennessee, that owns a number of shopping centers and malls in the US. Corker had worked with CBL as a subcontractor after attending college and maintains close ties with the senior officials of the company. Many of those same officials made donations to his election campaigns throughout the years.
The investigation was started after allegations were made by the watchdog group Campaign for Accountability. They claimed Corker failed to disclose millions of dollars earned via CBL on his annual financial disclosure. The Campaign for Accountability filed a complaint with the SEC in 2015 that started the probes into Corker’s finances.
FBI was looking into evidence of insider trading and fraud against Sen. Corker. Is this real reason for his retirement?
Corker’s spokeswoman was severely critical of the allegations, claiming it was a political stunt. “A politically motivated special interest group that refuses to disclose its donors continues to make baseless charges against Senator Corker, and we know that any effort to examine his actions will result in their smear campaign being discredited,” the spokeswoman said.
Corker maintains no wrongdoing and there has been no word on whether the investigation amounted to anything, but neither has it been confirmed publicly that the investigation was ever ended.
Though it’s entirely speculation, this lengthy investigation into Corker’s finances may have something to do with his retirement announcement. If it is discovered that Corker was engaged in insider trading it would discredit Corker’s character and render many of his opinions of Trump moot. It would also explain why Trump stated that he refused to endorse Corker or put him in as Secretary of State.