"The Vianovo note says that "due to two key changes in Congressional Democrats' thinking, the focus on corporations is likely to be more intense than ever, and executives who are not prepared risk being swamped by a legal, political, and media onslaught." Larger corporations are likely to be the focus since for Democrats on the Hill, aggressive oversight of private companies is "a means for exposing alleged abuses by the Trump administration.""
"From their experiencewith the first Trump administration in 2019 and 2020, Democrats know the White House is likely to refuse to turn over documents. So administration probes "will be supplemented by piercing corporate investigations." Among the possible focuses of Democratic oversight probes: algorithmic pricing; health care; crypto and digital assets; utilities and energy; trade and tariffs; and AI and tech."
Congressional Democrats plan to increase aggressive oversight of large corporations, viewing corporate investigations as a way to expose alleged abuses tied to the previous administration. Democrats expect a likely White House refusal to turn over documents based on past experience, so congressional probes will be reinforced by direct corporate investigations. Executives who are unprepared may face coordinated legal, political, and media pressure. Anticipated oversight targets include algorithmic pricing, health care, crypto and digital assets, utilities and energy, trade and tariffs, and AI and other technology sectors.
Read at Axios
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