WASHINGTON, July 24 -- Sen. Richard Blumenthal issued text of the following press release:

[WASHINGTON, D.C.] - Today, U.S. Senator Richard Blumenthal (D-CT), Ranking Member of the Senate Permanent Subcommittee on Investigations; U.S. Representative Jamie Raskin (D-MD), Ranking Member of the House Judiciary Committee; and U.S. Senator Adam Schiff (D-CA), member of the Senate Judiciary Committee, pressed Skadden, Arps, Slate, Meagher & Flom LLP (Skadden) for answers after a newly unsealed complaint revealed that Skadden advised Intel Corporation in a transaction with the Department of Commerce (DOC)-enabling the Administration to snap up a 10 percent equity stake in Intel-at the same time Skadden reportedly provided legal counsel to DOC on ...