The plot thickens on the POTUS impeachment risk- as it has now been revealed that two businessman, a Ukrainan and a Belarus person associates of Rudy Giulaini who helped him investigate Biden, have both been arrested over a scheme to illegally funnel money to a pro-Trump election committee. Prosecutors said both of them conspired to contribute foreign money from an unidentified Russian businessman to candidates to buy influence (to set up recreational marijuana business), which includes a donation of US$325k to a pro-Trump political action committee called America First Action in May 2018 and the money was falsely reported as coming from a purported natural gas company set up to conceal its true source, according to the indictment.
Slowly, the dirt is coming out....and POTUS support amongst the Republican has never been thinner since his biggest mistake in office (as Senate leader Mitch McConnell puts it) to withdraw troops and left their Kurdish allies (who fought hard to capture thousands of ISIS fighters who are now at risk of being released ) at the mercy of Turkey. And even Fox news (yes Fox) had 51% of its viewers supporting both the impeachment and POTUS removal from office.
Implication for the market - totally shrugged off on the basis that Senate majority would not be obtained. But as more evidence emerge of gross wrongdoing, Republicans face the predicament test of either voting for their self preservation or to uphold the Constitution.
