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Democrats Prepare Investigations Into Trump's Financial Disclosures and Inner Circle
Photo: Raw Story - Celebrating 20 Years of Independent Journalism
2026-07-03 20:34   Politics   17

Democrats Prepare Investigations Into Trump's Financial Disclosures and Inner Circle

The article discusses Democrats preparing a hostile audit of President Donald Trump and his inner circle, aiming to investigate his financial disclosures and potential conflicts of interest.Trump's 2025 financial report, a 927-page filing, reveals he earned over $2.2 billion in 2025, with crypto ventures contributing over $1 billion.His largest income source was $635 million in royalties from the $TRUMP meme coin.Democrats argue that Trump's financial setup may violate the Emoluments Clause, citing his legal settlements with major media outlets.House Speaker Mike Johnson warned donors about potential targeting under a Democratic House majority, while Rep.Alexandria Ocasio-Cortez criticized his comments as a 'protection racket.' The White House denies conflicts of interest, asserting Trump acts in the public's best interest.

The piece highlights the political tensions and scrutiny surrounding Trump's finances and the potential for extensive investigations if Democrats regain control of Congress.

Full reading at Raw Story - Celebrating 20 Years of Independent Journalism

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