Last updated on March 9th, 2019 at 07:53 am

Read the biggest developments from Michael Cohen's testimony.

House Intelligence Committee chairman Rep. Adam Schiff (D-CA) revealed that he is investigating Trump Russian money laundering, which explains why the president is freaking out.

Schiff said on CBS’s Face The Nation, “We are certainly looking deep into the set of issues surrounding Moscow Trump Tower. We’re also looking at persistent allegations that the Russians have been laundering money through the Trump Organization. I don’t know if that’s true, but if it is again, it’s a profound compromise of this president.”

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Adam Schiff Has Jurisdiction to Look At Trump’s Finances Because He May Be Compromised By Russia

Trump’s rant about Schiff at CPAC takes on a whole different context when reviewed after what Rep. Schiff said on Sunday.
At CPAC Trump said, “I saw little shifty Schiff yesterday. It’s the first time he went into a meeting and he said we’re going to look into his finances. I said where did that come from? He always talked about Russia, collusion with Russia, the collusion delusion. Now we have people that lost and unfortunately, you put the wrong people in a couple of positions. And they leave people for a long time that shouldn’t be there. And all of a sudden, they’re trying to take you out with bullshit, okay?”

Video of Trump:

Trump doesn’t want investigators to follow the money, because the heart of his relationship with Russia is cold hard cash. There has long been speculation that Trump got the money for his projects by laundering cash in violation of US sanctions for Russia.

Adam Schiff has the jurisdiction to investigate Trump‘s finances because he is probing to see if Trump has been compromised by a foreign power. Rep. Schiff knows where to look, and he is about to expose the potential financial crimes that Trump committed with Russia.

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Jason Easley

Jason is the managing editor. He is also a White House Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.

Awards and  Professional Memberships

Member of the Society of Professional Journalists and The American Political Science Association