The Trump family in the swamp of corruption; a $620 million Pentagon loan for a $500 million investment by the Emirates; The US Prime Minister's family dealings are under the microscope of Congress.
Summary: After the defeat of the Republicans in the election, the Democrats plan to start a wide-ranging investigation into the financial activities of Trump's children, cryptocurrency transactions, his relations with foreign investors and government contracts. Chuck Schumer, the leader of the Democrats in the Senate, announced that the fight against corruption, reducing the cost of living and holding the government accountable will be central to the plans of the new Congress.
Democrats will use surveillance powers and congressional subpoena tools to investigate the Trump family's financial relationships with private companies, foreign investors and government agencies. Robert Garcia, the incoming chairman of the House Oversight Committee, also warned Trump's associates that his party was determined to launch a wide-ranging investigation.
One of the main focuses of the investigation will be the business activities of Donald Trump Jr. and Eric Trump. Democrats want to determine whether companies and related investments benefited from government subsidies, loans and government policy decisions during their father's tenure. Among these cases, the War Department's $620 million loan to Vulcan Elements.
The Trump family's cryptocurrency activities are also under investigation. The $500 million investment of an Emirati investor in the World Financial Freedom Company, the foreign relations of this group and the pardon of the founder of the Binance exchange by Trump are among the cases that the Democrats intend to investigate to determine the connection between the government's decisions and the economic interests of the president's associates.
Russian oligarch Omar Kremlin, who is paying for Trump Jr.'s wedding, has also raised questions about wealthy foreigners' access to the president's family. Even a Republican senator has called for an investigation into these payments. With the addition of these cases to the investigation of Trump's performance in the war against Iran, the last two years of his administration could become a war in Washington instead of a war in West Asia.
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