Trump Family Business Deals Under Congressional Microscope
Democrats are planning to investigate lucrative business deals involving the Trump family if they win control of either chamber in November's midterm elections. With subpoena power and funding, they could launch probes as early as February, potentially triggering lengthy legal battles that would place the Trump family business empire under scrutiny.
The investigations could focus on Trump-linked crypto firms and Donald Trump Jr.'s venture capital firm, 1789 Capital, according to Democratic Representative Jamie Raskin of Maryland. Corporate executives may face legal jeopardy for failing to cooperate with Congress, which could result in reputational damage and consumer backlash.
Some Republicans may join Democrats' efforts, as freshman Republican Senator John Curtis of Utah called for Don Jr. to be investigated for allowing a Russian oligarch to pay for his wedding parties in the Bahamas. Companies will have to decide whether to quickly comply with investigations or face potential consequences.