US House panel to probe Trump's finances, Russia

Washington: A US House panel has announced that it would conduct a broad investigation into President Donald Trump's finances and Russia. House Intelligence Committee Chairman Adam Schiff said on Wednesday that the probe 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", CNN reported.

"That pertains to any credible allegations of leverage by the Russians or the Saudis or anyone else," Schiff told the media after the House Intelligence Committee's first meeting in the new Congress. In a statement, Schiff said the investigation would include a continued probe into Russia's actions during the 2016 presidential election and contacts between Moscow and Trump's team, as well as an examination of "whether any foreign actor has sought to compromise or holds leverage, financial or otherwise, over Trump, his family, his business, or his associates". Schiff said the investigation, which could involve additional congressional committees, would also look at whether the President or his associates have "sought to influence US government policy in service of foreign interests" and any potential obstruction into the various investigations. (IANS)

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