Today the mainstream media presented us with the “breaking news” that Donald Trump’s Commerce Secretary Wilbur Ross has financial connections to the Trump-Russia scandal. This is shocking – not because of the details that are being reported today, but because this is ten month old news. In fact, Palmer Report brought you the story ten months ago, not based on any inside sourcing, but based on publicly available evidence. So why on earth has the mainstream media been shielding Wilbur Ross all this time? Now that the media is finally acknowledging Ross’s role, where does it go from here?
Back in February, when Donald Trump tapped Wilbur Ross to be his Secretary of Commerce, Palmer Report pointed out that Ross was the vice chairman of Bank of Cyprus. This came just one month after Deutsche Bank had been busted by US and European regulators for laundering billions of dollars of Russian money through Bank of Cyprus into the hands of clients in places like New York City. In turn, Deutsche Bank has spent the past several years loaning suspiciously large amounts of money to Donald Trump, even though most other banks had concluded he was a poor credit risk.
These pieces were never difficult to put together. Wilbur Ross used the bank of Cyprus to help Russia launder money into the hands of Donald Trump, and Trump returned the favor by making Ross the Secretary of Commerce. Yet the mainstream media, with a very small number of notable exceptions like Rachel Maddow, never bothered to report that Ross was a key player in the Trump-Russia scandal.
There is no reason to believe that the mainstream media cares about the fate of Wilbur Ross. It’s not as if they’ve been shielding him from the scandal because they like him. Instead, it appears they just weren’t ready to begin reporting on this narrative until after the initial arrests began. Maybe they didn’t think it was ratings worthy until now. But they’ve chosen now for a reason. Maybe now we’ll finally get to the bottom of it.
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Bill Palmer is the publisher of the political news outlet Palmer Report