CAT - Donald Trump's Justice Department Once Stymied A Major Investigation Into Caterpillar Says Report | Benzinga
Caterpillar Inc. (NYSE: CAT) reportedly managed to navigate through a potentially crippling federal investigation with a combination of legal prowess and strategic connections.
The case, which began with allegations of tax evasion through profit shifting to a Swiss subsidiary, took a sudden and unexpected turn in December 2018 when the Justice Department abruptly halted a key witness interview in Amsterdam just as former President Donald Trump was about to nominate William P. Barr as attorney general, reported The New York Times.
Barr, a former attorney general under George H.W. Bush and a key figure in Caterpillar's defense, along with other well-connected lawyers, had met with senior federal officials, criticizing the investigation's basis and conduct.
The investigation, which could ...