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CEOs Fear Subpoenas After Trump Donations

August 27, 2026 · 9:14 pm ET · Leave a Comment

“Some U.S. companies with close ties to President Trump are taking steps to gain favor with Democrats, worried they will become targets if Republicans lose control of the House,” the Wall Street Journal reports.

“Big tech companies, in particular those that made major donations to Trump’s legacy projects, are preparing for congressional and even potential criminal investigations, according to advisers, lobbyists and board members. Washington-based lawyers and lobbyists say that their clients are asking: What are our vulnerabilities?”

“Meta Platforms and others are writing big checks for Democrats ahead of the midterms, according to people familiar with the matter, a counterbalance to the tens of millions they gave to the White House ballroom and Republican initiatives.”

2026 Campaign, Campaign Finance

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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