House Announces Sweeping Probe Into Trump’s Finances

House Intelligence Committee Chairman Adam Schiff (D-CA) announced a broad investigation his committee would undertake “beyond Russia” into whether President Trump’s financial interests are driving his actions, CNN reports.

Schiff said the investigation would “allow us to investigate any credible allegation that financial interests or other interests are driving decision-making of the President or anyone in the administration. That pertains to any credible allegations of leverage by the Russians or the Saudis or anyone else.”

Schiff added that the investigation, which could involve additional congressional committees, would also look at whether Trump or his associates have “sought to influence US government policy in service of foreign interests” and any potential obstruction into the various investigations.

Trump denounced the investigation, according to The Hill: “He has no basis to do that. He’s just a political hack trying who’s trying to build a name for himself.”