Democrats Ready Trump Finance Probe, Push $100 Million Ethics Curbs After Election
Updated
Updated · The Washington Post · Nov 11
Democrats Ready Trump Finance Probe, Push $100 Million Ethics Curbs After Election
3 articles · Updated · The Washington Post · Nov 11
Summary
Democrats are preparing a congressional probe of Donald Trump’s finances after campaigning on corruption, while allied progressives press them to move quickly from oversight to legislation.
A Center for American Progress plan would ban individual stock trading across government, bar officeholders from launching crypto products, and impose a 100% tax on most presidential outside income.
The package also targets prediction-market participation, special government employees worth more than $100 million, and officials with stakes above 1% in firms holding more than $10 million in federal contracts.
Backers say the push reflects broad public anger—89% of Americans told Gallup corruption is widespread—and argue Democrats can use any Trump veto to sharpen the issue before 2028.
Republicans are already bracing for that fight: new House GOP leader Jim Jordan has promised an aggressive defense of Trump, his family and administration officials once Democrats take power in January.