SEC Probe of Foreign Visas Roils Virginia Governor Race
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The U.S. Securities and Exchange Commission and other government agencies are conducting a broad probe of “potential security and financial risks” in a foreign visa program used to promote job growth, according to a letter sent to the Senate yesterday.
The investigations are becoming an issue in the Virginia governor’s race, where Terry McAuliffe, a Democratic fundraiser and confidant of Bill and Hillary Clinton, partnered in 2009 with a Chinese businessman in a startup company, GreenTech Automotive Inc., and worked with Anthony Rodham, the former first lady’s brother, to secure financing from Chinese investors.