After Tuesday brought us the bombshell revelations of emails between Donald Trump Jr. and a lawyer with ties to the Kremlin who promised dirt on Hillary Clinton, a Citigroup analyst now sees a growing threat of impeachment proceedings being brought against President Trump, as Business Insider reports.
Tina Fordham, chief political analyst for Citi, says that although the likelihood of an impeachment is still low given that Republicans control both houses of Congress, it is becoming a little less far-fetched after the stunning developments on Tuesday.
Per Business Insider:
“Do these most recent developments, which suggest that key Trump advisers, including his son Donald Trump Jr. and son-in-law Jared Kushner met with a Russian lawyer (who had previously lobbied in Washington against the 2012 Magnitsky sanctions act), change the potential for impeachment?” Fordham wrote in a note after the news broke. “It is of course too soon to say, but we believe the risk of impeachment proceedings is now higher than before, even if still not our base case.”
While Fordham adds that Republicans may never pursue impeachment proceedings against Trump because of the political damage it could do to their party, “the risk of reputational damage to the Republican party and those members of Congress up for re-election in November 28 Midterms will be a further risk factor to consider.”
Photo: Getty iStock