WASHINGTON, July 21 -- Sen. Adam Schiff issued the following press release:
Today, U.S. Senators Adam Schiff (D-Calif.) and Richard Blumenthal (D-Conn.) and U.S. Representative Jamie Raskin (D-Md.-08), pressed (https://www.schiff.senate.gov/wp-content/uploads/2026/07/2026-7-21-Letter-from-Sen-Blumenthal-Rep-Raskin-Sen-Schiff-to-Skadden.pdf) 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 U.S. 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 other matters.
"We previously sought to understand why Sk...