From Palantir to Trump's crypto ties: Democrats prepare corporate probe blitz.
Democrats are preparing to use their new control of Congress to scrutinize some of America's biggest businesses, including Amazon, Apple, Google and Palantir, the Wall Street Journal reports.
Democratic lawmakers have already identified targets, with companies facing document requests and a Jan. 4 deadline to turn over records as the new Congress begins its work.
On the crosshairs:
Senator Richard Blumenthal sent letters to major corporations, including Amazon, Apple, BlackRock, Microsoft, Google and Salesforce, asking for information about their contributions to Trump's glitzy White House ballroom project. He also targeted cryptocurrency companies for their dealings with the Trump family.
CIA-linked data mining giant Palantir is facing criticism over its massive federal contracts and role in handling sensitive government data, including information held by agencies such as Homeland Security, the IRS and Social Security.
Senate Democrats have identified Toyota, Walmart, Live Nation and major banks as potential beneficiaries of favorable government treatment following donations to Trump's inauguration.
Many companies saw the political shift coming and reportedly spent months hiring top law firms, gathering documents, interviewing employees and examining potential risks ahead of congressional investigations.
substack | talk.