April 17, 2025

CNBC: Trump’s tariffs are ‘inviting corruption,’ Democrats tell Bessent, Lutnick

Dozens of Democratic lawmakers are warning that President Donald Trump’s tariff-heavy trade agenda is quickly starting to resemble a “corrupt scheme to enrich administration officials and those loyal to them.”

The Trump administration’s tumultuous rollout of a spate of new tariffs is “rife with opportunities to unduly influence President Trump and other administration officials,” the Democrats wrote in a letter shared first with CNBC on Thursday.

The letter, signed by 47 House and Senate members, asks Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer to detail the administration’s “plans to prevent the misuse of tariffs for self-dealing.”

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Read the full article here.


By:  Erin Doherty
Source: CNBC