Congress is on the same team as the White House: So whom will they target?
The dust has finally settled from the storm that was the November 2024 election. While the big headline was the election of former President Donald J. Trump to a second term, the country also elected a new Congress. Its makeup, priorities, and goals will have a significant influence on the national dialogue for at least the next two years.
One thing is clear though: Congress will continue to exercise increasing oversight over companies across a broad spectrum of the economy, albeit perhaps with different political ends in mind. Corporations should begin preparing for it now.
As part of its legislative duties, Congress is charged with oversight authority, which is the power to investigate facts and issues to help inform its legislative activities. In practice, this has led to many high profile investigations over the years on issues such as Watergate, January 6th, and the attempted assassinations of President-elect Trump, as well as inquiries into particular companies and industries.
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