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From the glimpses we are seeing of the various actors and activities, I think there is an extremely strong chance that FusionGPS is strongly tied to the CIA in some way(s). Whether or not any of its original principals or employees (besides Nellie Ohr in 2016) turns out to be CIA, the group operates in an "intel" kind of space with an international connection to MI6 in the UK:

"How exactly Simpson and Ohr came to know each other is still being investigated, but initial evidence collected by the House intelligence committee suggests that the two were placed in touch by Steele, a former FBI informant whose contacts with Ohr are said by senior DOJ officials to date back to 2006."

Steele is described as a "former FBI informant" but he was also, most importantly, a career MI6 officer (until whenever he set up consulting shop on his own). The article linked above says that investigators with the House Intelligence Committee have STEELE connecting Glenn Simpson to Bruce Ohr at least as early as 2006.

Think of how peculiar that sounds: a key British MI6 operative bringing AMERICANS Glenn Simpson and Bruce Ohr together for some purpose(s). It seems more likely that Glenn Simpson and Bruce Ohr were already swimming in the same circles and that Steele somehow shows up on their radar for the work on Russia and "international crime."

From the glimpses we are seeing of the various actors and activities, I think there is an extremely strong chance that FusionGPS is strongly tied to the CIA in some way(s).

Fusion GPS is a CIA front group. It’s a bagman to allow the DNC to funnel money in to contract the CIA todo their dirty work; smearing people, hit jobs, the usual CIA stuff.

It might be just a bit too obvious is the DNC contracted directly with the CIA, but but a shady outfit like Fusion GPS in the middle and you create a cover to hide the fact the government and government resources are being directed by the DNC.

The principals of Fusion GPS had a background in financial investigations, including helping the Israelis investigate terrorist funding, so it would make sense if the CIA, FBI, or MI6 initially contracted them in that capacity. Also, Steele helped the FBI with some investigations in Europe, related to this as I recall: MI6 helped British agent who wrote the Trump sex dossier to spy on the Russians: He teamed up with ex-bosses to probe Putin's World Cup bid. It seems likely the Agency would have had a piece of that investigation as well--probably an information-sharing agreement between the several organizations. Finally, it should be noted that Fusion GPS was representing Venezuelan lobbyists--was that a CIA operation as well?