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WATCH: Shepard Smith Deconstructs Clinton's Uranium One Scandal

Fox News anchor Shepard Smith Smith once again debunked the unsubstantiated "Uranium One" scandal associated with Hillary Clinton after the news channel's incessant accusation of the former Democratic presidential candidate.

It seems everyone at the news channel, except Smith, wants a special counsel and congressional committees investigating Mrs. Clinton in the alleged scandal.

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Uranium One is one of the world's largest uranium producers that the Obama administration signed off on its acquistion from Russia's Rostatom nuclear company. Breitbart's editor-at-large, Peter Schweizer, exposed the corruption of the Clinton Foundation in a book called, Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich, alleging Mrs. Clinton agreed to a 20 percent transfer of U.S.'s uranium in exchange for donations to her charity. The suggested scandal was enough for Fox to launch a media assault on Clinton.

But as secretary of state at the time, Clinton had no power of veto or approval. The scandal was debunked many times as "fake news" fabricated by the far left.

Supporting the claim that Clinton did not act inappropriately, Smith said, “The Clinton State Department had no power to approve or veto that transaction. It could do neither.”

Smith reported during Tuesday's segment, “Here’s the accusation. Nine people involved in the deal made donations to the Clinton Foundation totaling more than $140 million. In exchange, Secretary of State Clinton approved the sale to the Russians — a quid pro quo.”

The accusation is predicated on the charge that Secretary Clinton approved the sale. She did not. A committee of nine evaluated the sale, the president approved the sale, the Nuclear Regulatory Commission and others had to offer permits, and none of the uranium was exported for use by the U.S. to Russia. That is Uranium One.

Back in February, Smith defended the free press and supported CNN for not being a source for "fake news" as Trump repeatedly charged.

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Smith schooled Trump on what consitutes "fake news."

For the record, 'fake news' refers to stories that are created, often by entities pretending to be news organizations, solely to draw clicks and views and are based on nothing of substance. In short, 'fake news' is made-up nonsense delivered for financial gain.

The Fox News anchor was lauded for his coverage defending the free press.

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H/T - snopes, twitter, huffingtonpost, esquire, nytimes, youtube