Democrats Warn 60-Plus Targets of Trump Probes Into $1.6 Billion Deal and Climate Rollbacks
Updated
Updated · The New York Times · Nov 12
Democrats Warn 60-Plus Targets of Trump Probes Into $1.6 Billion Deal and Climate Rollbacks
1 articles · Updated · The New York Times · Nov 12
Summary
More than 60 companies, individuals and agencies received document-preservation letters from House Democrats, signaling investigations will begin once the party gains subpoena power after last week’s election wins.
The notices target three main areas: cuts to scientific research, environmental deregulation, and business arrangements Democrats say may involve corruption or favoritism inside the Trump administration.
A House Science Committee inquiry is zeroing in on a $1.6 billion government investment in USA Rare Earth for a 10% stake, a deal Democrats say also helped Cantor Fitzgerald raise $1.5 billion in private funds.
The same committee is examining an Energy Department climate report a federal judge ruled illegal under a 1972 law, as well as efforts to dismantle the National Center for Atmospheric Research and shift a space-weather program to a private company.
Representative Jared Huffman’s Natural Resources Committee letters broaden the coming oversight to Lithium Americas, SoftBank, major oil companies and the Trust for the National Mall, while the White House called the expected probes sham investigations.