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Tracking militarists’ efforts to influence U.S. foreign policy

Elliott Broidy

 

  • Bipartisan Coalition for American Security: Chairman
  • Republican Jewish Coalition: Board of Directors

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Elliott Broidy is an Israeli-American investor and philanthropist who has been active on the boards and advisory councils of various philanthropic organizations and right-wing pressure groups, including the Republican Jewish Coalition.[1] A self-professed security expert, Broidy served on the Homeland Security Advisory Council and Future of Terrorism Task Force under former Homeland Security Secretary Michael Chertoff.[2] He is also a former finance chairman for the Republican National Committee.[3]

Broidy is the board chairman and driving force behind the Bipartisan Coalition for American Security (BCAS), an advocacy group founded in 2013 that promotes a robust U.S. military budget, corporate-friendly free-trade policies, and a hawkish U.S. posture toward Iran and other purported threats to the United States. Joe Lieberman, the neoconservative former Democratic senator from Connecticut who along with former Republican Sen. Scott Brown was appointed an honorary co-chair of the group, said in June of that year that BCAS "was something brewing within Elliott, something he thought was important."[4]

According to a BCAS press release, one of the group's first public activities was a roundtable in which Broidy, Lieberman, and Brown spoke out against a proposed House amendment that would have limited the National Security Agency's authority to collect information without warrant from Americans' digital communications. The measure—known as the Amash amendment after its chief sponsor, Rep. Jason Amash (R-MI)—narrowly failed, a result the press release celebrated as "embody[ing] the coalition's principles of furthering national security prowess."[5]

Broidy, who is based in Los Angeles, is the CEO of Broidy Capital Management and the chairman of Threat Deterrence LLC.

In 2009, Broidy was embroiled in a corruption and bribery scandal while he was the head of Markstone Capital. He pled guilty to bribing at least four New York State pension officials with $75,000 in luxury travel accommodations to Israel and Italy in an effort to secure a $250-million contract for Markstone. Broidy was also, according to the New York Daily News, "said to have shelled out $90,000 in living expenses and hospital bills to the girlfriend of a top [comptroller] aide and another $44,000 to the girlfriend’s family." Although he initially faced up to four years in prison for his role in the scandal, Broidy's crime was reduced to a misdemeanor after he agreed to testify against a corrupt official who had accepted his bribes and to pay $18 million into the state's pension fund in restitution.[6]

At the same time he was bribing New York pension fund officials, Broidy was serving as a trustee of the Los Angeles Fire and Police Pension fund, a position he resigned when an investigation into his activities in New York was opened. "While it is fairly common for people to move fluidly back and forth between the investor world and the fund management world," noted one profile of the investor, "Broidy is the only person we can think of to have a foot in both at once."[7]

 

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Sources

[1] RJC, Broidy bio, http://www.rjchq.org/2012/07/elliott-broidy-board-of-directors/.

[2] Steve Foley, "Elliott Broidy: Rock Star!" RedState, November 28, 2012, http://www.redstate.com/steve_foley/2012/11/28/elliott-broidy-rock-star/.

[3] The Vile Plutocrat, Elloitt Broidy profile, http://thevileplutocrat.com/bile/profile/elliott-broidy/.

[4] Brian Beutler, "Ex-Senators Team Up With Investor Convicted In Big New York State Pension Scandal," Talking Points Memo, June 28, 2013, http://tpmdc.talkingpointsmemo.com/2013/06/founder-of-new-national-security-advocacy-group-tied-to-new-york-state-pension-scandal.php?ref=fpb,

[5] BCAS press release, "Elliott Broidy Urges Grassroots Efforts to Build National Defense Consensus as Bipartisan Coalition for American Security (BCAS) Voices Approval for the Defeat of NSA Amendment," PR Newswire, July 31, 2013, http://www.prnewswire.com/news-releases/elliott-broidy-urges-grassroots-efforts-to-build-national-defense-consensus-as-bipartisan-coalition-for-american-security-bcas-voices-approval-for-the-defeat-of-nsa-amendment-217761501.html.

[6] Brian Beutler, "Ex-Senators Team Up With Investor Convicted In Big New York State Pension Scandal," Talking Points Memo, June 28, 2013, http://tpmdc.talkingpointsmemo.com/2013/06/founder-of-new-national-security-advocacy-group-tied-to-new-york-state-pension-scandal.php?ref=fpb; Kenneth Lovett, "No jail time for Elliott Broidy, Israeli investor guilty of giving $1 million in bribes to officials," New York Daily News, November 27, 2012, http://www.nydailynews.com/news/crime/jail-time-guilty-israeli-investor-article-1.1209146#ixzz2d5QuaPR3.  

[7] The Vile Plutocrat, Elloitt Broidy profile, http://thevileplutocrat.com/bile/profile/elliott-broidy/

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Elliott Broidy Résumé

Affiliations

  • Bipartisan Coalition for American Security: Chairman
  • Republican Jewish Coalition: Board of Directors
  • Republican National Committee: Former finance chairman
  • Simon Wiesenthal Center: Former board member


Government

  • Homeland Security Advisory Council: Former member, Future of Terrorism Task Force
  • Los Angeles Fire and Police Pension Fund: Former trustee


Business

  • Broidy Capital Management: CEO
  • Threat Deterrence LLC: Chairman
  • Markstone Capital: Former chairman


Education

  • University of Southern California

Related:

Elliott Broidy News Feed

4 Takeaways From a Close Look at Elliott Broidy - The New York Times‘A great big money party’: Foreign efforts to influence Trump keep piling up - POLITICOTrump Pal Elliott Broidy Is Facing Yet Another Federal Investigation - Vanity FairProsecutors Intensify Scrutiny of Trump Fundraiser Elliott Broidy - The Wall Street JournalWashington’s ‘Freedom Promoting’ Think Tanks That Ignore Jamal Khashoggi’s Murder - The American ProspectG.O.P. Influence Peddler Elliott Broidy Was Raided by the Feds - Vanity FairFBI Questions Elliott Broidy's One-Time Partner - The Daily BeastCNN’s Chris Cuomo Takes on ‘New Faces With a Hole Burning Through ‘Em’ PAC - SplinterGOP Moneyman Elliott Broidy Enlisted Veteran Diplomat Amid Influence Campaign - Daily BeastForeign efforts to influence Trump keep piling up - POLITICO.euFormer Trump Inaugural Fundraiser Elliott Broidy Investigated By New York Prosecutors - uPolitics.comTrump ally Elliott Broidy raided by feds in money laundering probe - SalonElliott Broidy Illuminates How Far Media Will Go To Get Trump - The FederalistAccusations by ex-mistress of GOP mega donor Elliott Broidy go public - CNNHow Trump’s Swamp Works Now - Rolling StoneGet to know Elliott Broidy, the next major Trump scandal figure - The Washington PostNews on Trump Impeachment: Latest Updates & Reaction - PoliticoTrump Fund-Raiser Received Laundered Foreign Money, Prosecutors Say - The New York TimesGOP fundraiser Elliott Broidy is under investigation by federal grand jury - Yahoo FinanceEx-Republican fundraiser accuses lobbying firm of leaking hacked emails - POLITICO

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