Prosecutors have charged one elite banker after exposing his attempts to bribe his way into the Trump Administration.
Chicago banker Stephen Calk was well known for loaning millions of dollars to former Trump campaign chairman Paul Manafort.
Now however he’s getting attention for trying to buy a position in President Trump’s administration with $16 million in loans.
Calk was already serving as economic adviser to Trump’s 2016 campaign after his bank granted a $9.5 million loan to the campaign. Then after Trump’s election, he was recommended to work in the White House while another $6 million loan was awaiting approval.
Even more damning is that Calk actually had a list of positions he was interested in, ranking for secretary of the Treasury to 19 separate ambassador posts.
This has led to the 54-year-old Calk facing a charge of financial institution bribery.
During the trial of Paul Manafort, prosecutor Greg Andres exposed the insidious relationship between Manafort and Calk. “So there was agreement between Mr. Manafort and Mr. Calk to have the loans approved, they were approved, and in turn, Mr. Manafort proposed Mr. Calk for certain positions within the administration.”
Ultimately, Calk’s efforts fell short as he was not offered a position.