Summary
- Reuters reported that U.S. Democrats are considering pursuing an investigation into the Trump family's crypto business if they take control of either the Senate or the House in the midterm elections.
- Democrats are reviewing the Trump family's crypto business and Donald Trump Jr.'s venture capital firm 1789 Capital as priority targets for scrutiny.
- Reuters reported that if Democrats secure a congressional majority, they would gain subpoena power through committees and could begin the related investigation as early as February next year.
Forecast Trend Report by Period
U.S. Democrats are considering whether to investigate President Donald Trump's family crypto business if they win control of either the Senate or the House in the November midterm elections.
Reuters reported on September 28 that Democrats are weighing the Trump family's crypto business and Donald Trump Jr.'s venture capital firm, 1789 Capital, as priority targets for scrutiny.
If Democrats take control of either chamber, they would gain the power to issue subpoenas through congressional committees.
That could allow a related investigation to begin as early as February next year if Democrats secure a congressional majority, Reuters reported.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.