Democrats Gear Up for Trump Family Business Investigations

Democrats have their sights set on investigating Trump family business dealings if they win control of either chamber in the November midterm elections.

With subpoena power and funding to bolster investigative staff, Democrats plan to launch probes as early as February. The investigations could dominate the second half of President Trump's term, which has seen a flurry of deal-making by the Trump family in areas like crypto, drones, artificial intelligence, and prediction markets.

The Trump administration criticized the potential for investigations, saying Democrats have no agenda to improve American lives but instead plan to obstruct and baselessly target President Trump's policies. Corporations with ties to Trump are already conducting urgent preparations, including hiring lawyers for internal audits and crisis communications firms for public outreach.

Democratic Senator Sheldon Whitehouse unveiled a report on Thursday that highlighted oil and gas companies winning tax breaks, subsidies, and looser environmental regulations after Trump asked them for $1 billion in donations. Among the transactions Democrats are focusing on is the proposed sale of a portion of Yosemite National Park to a private developer with ties to Republican campaign committees.

The prime target for Democrats appears to be the Trump family, especially Donald Jr., who has entered into numerous business deals since his father won office. 'The First Family has been making money hand over fist,' said Adam Schiff, Democratic senator from California.