Trump adviser Tom Barrack pushed for a Saudi nuclear deal — and he planned to profit from it
all admitted to violating this law. Barrack did not file any disclosures about his contacts with the Saudis and Emiratis while he was helping to shape Trump’s policies toward the region., he acknowledged an interest in investing in Westinghouse, saying, “Westinghouse in bankruptcy today is a business opportunity for lots of people like me.” But the newly released documents reveal that Barrack’s efforts were more serious and advanced than previously known.
During the campaign, Barrack, an Arabic-speaking son of Lebanese immigrants, proposed deepening economic ties through a “Middle East Marshall Plan,” named after the American aid program to postwar Europe. After Trump’s inauguration, Barrack’s “Marshall Plan” turned into an effort to build nuclear reactors in Saudi Arabia, according to the committee’s report.
“I have been discussing a position with POTUS and Jared which would focus primarily on the commercial and economic aspects of the new economic development plan across the region,” Barrack said in a March 2017 email to the UAE’s ambassador to Washington, Yousef al Otaiba. “Would love to talk to you in depth about it when you have time!”
Barrack approached private equity giants Apollo and Blackstone about joining their bid to buy Westinghouse, according to the report. In a September 2017 memo from Barrack, he said the firms would combine their funds with money from Saudi Arabia and the UAE. Saudi Arabia still needs to sign a treaty with the U.S. before it can build nuclear power plants using U.S. technology. But the administration has already given some nuclear companies permission to share sensitive information with the Saudis. Lawmakers arethat they weren’t notified and that the administration has forged ahead despite the Saudis’ role in the humanitarian crisis in Yemen and the murder of dissident journalist Jamal Khashoggi.
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