Tony Podesta, the founder of D.C. lobbying firm the Podesta Group is stepping down from the company amid Robert Mueller’s probe. Podesta made the announcement at a company-wide meeting on Monday.
The political powerhouse and brother of John Podesta, a former Clinton/Obama aide has been a fixture of Democrat politics for decades.
Podesta is handing over full operational and financial control to longtime firm CEO Kimberley Fritts, according to multiple sources with knowledge of the meeting. Fritts and a senior group of the Podesta team will be launching a new firm in the next one or two days. Sources said the transition has been in the works for the past several months.
“[Tony] was very magnanimous and said, “This is an amazing group of people,” a source said of Podesta’s remarks. Podesta also told staff he “doesn’t intend to go quietly, or learn how to play golf.” He said he “needs to fight this as an individual, but doesn’t want the firm to fight it.”
Fritts also addressed the gathering, telling staff that she is “thrilled at this opportunity” and that, “This is not about me, this is about y’all.” Several other senior staff spoke about their excitement about the future of the firm. The meeting ended with a standing ovation for Podesta.
As The Gateway Pundit previously reported, Tony Podesta and his firm, the Podesta Group, are under federal investigation by Mueller in connection with the Russia investigation, three sources told NBC News.
The Podesta Group was subpoenaed in late August along with four other public relations firms who worked with former Trump campaign manager Paul Manafort during a 2012-2014 lobbying effort for a pro-Ukraine think tank – the European Centre for a Modern Ukraine (ECMU) – tied to former Ukrainian president Viktor Yanukovych.
Two of the subpoenaed firms include Paul Manafort’s Mercury, LLC and the Podesta Group, founded by John and Tony Podesta and operated by the latter.