Dems clamoring for show trials over Trump's personal finances

www.offthepress.com

Top Senate Democrats on Friday called for congressional hearings into President Donald Trump’s latest financial disclosures, arguing the filings warrant closer scrutiny over potential conflicts of interest, foreign influence, and the president’s expanding business interests while in office.

In a joint statement, the lawmakers urged Congress to hold public hearings examining Trump’s financial holdings and the role his business ventures, particularly in the cryptocurrency industry, could play in shaping federal policy.

They said the disclosures raise questions about whether ethics laws are sufficient to guard against conflicts involving senior government officials.

The statement was signed by Senate Minority Leader Chuck Schumer of New York; Elizabeth Warren of Massachusetts, ranking member of the Senate Banking Committee; and the top Democrats on several Senate committees, including Finance, Judiciary, Homeland Security and Governmental Affairs, Foreign Relations, and Armed Services.

Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, ​according to a review of his latest financial disclosures on Tuesday.

His annual 2025 disclosure filed with the U.S. Office of Government Ethics reported that his companies received almost $800 million from World Liberty Financial, a crypto venture he and his sons founded.

More here

Tagged: Politics BACK TO HOMEPAGE