Senate Democrats Investigate Trump's $1B Oil Industry Deal

1 min read
Source: The Guardian US
Senate Democrats Investigate Trump's $1B Oil Industry Deal
Photo: The Guardian US
TL;DR Summary

Senate Democrats have launched an investigation into an alleged quid pro quo offer from Donald Trump to oil executives, where he reportedly promised to roll back environmental regulations in exchange for $1 billion in campaign contributions. The investigation, led by Senate budget committee chairman Sheldon Whitehouse and Senate finance committee chair Ron Wyden, seeks details from eight oil companies and the American Petroleum Institute. The API dismissed the probe as a distraction, while Trump continues to seek campaign funding from the fossil fuel industry.

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