
"The taxpayer-backed fund will be overseen by a five-member commission appointed by acting Attorney General Todd Blanche, Trump's former personal attorney. Bypassing congressional approval, the fund could extend compensation to Jan. 6 defendants, conservative activists, former Trump aides and other allies who have faced investigation."
""The machinery of government should never be weaponized against any American," Blanche said in a statement, calling the fund an effort "to make right the wrongs that were previously done." In a legal filing, 93 House Democrats argued the arrangement "raises the specter of corruption unparalleled in American history." Some have signaled they will impeach Trump if Democrats win the House in November."
"The Justice Department's announcement came amid mounting scrutiny of Trump's most recent financial disclosure, which revealed more than 3,700 individual stock trades last quarter. The trading activity - involving some companies heavily exposed to federal policy decisions - represented a staggering escalation from the previous quarter, when Trump disclosed just 380 transactions."
"Popular Information's Judd Legum reported that Trump publicly praised or promoted several companies, including Apple, Dell and Thermo Fisher, about the same time he was buying their stock. Between the lines: The Trump Organization says outside advisers control the president's investments. "Neither President Trump, his family, nor the Trump Organization plays any role in selecting, directing, or approving specific investments. They receive no advance notice of trading activity and provide no input regarding investment decisions or portfolio management of any kind," a Trump"
A taxpayer-backed fund is being overseen by a five-member commission appointed by acting Attorney General Todd Blanche. The fund was created through a process that bypasses congressional approval and could provide compensation to Jan. 6 defendants, conservative activists, former Trump aides, and other allies who have faced investigation. Blanche said the fund aims to prevent government machinery from being weaponized against Americans and to correct prior wrongs. House Democrats argued the arrangement raises an unprecedented corruption risk and some signaled they would impeach Trump if Democrats win the House. The announcement coincided with scrutiny of Trump’s financial disclosures showing 3,700 stock trades, up from 380 the prior quarter, and reports that he promoted companies around the time he bought their stock. The Trump Organization claims outside advisers control investments and that Trump and the organization do not select or direct specific investments.
#us-department-of-justice #political-corruption-allegations #jan-6-defendants #stock-trading-disclosures #trump-administration
Read at Axios
Unable to calculate read time
Collection
[
|
...
]