Trump Media stock plunges 11% to record low after Democrats win Congress, wiping $73 million off Trump's fortune

House Democrats are preparing to scrutinize President Donald Trump's pardons, potential corruption in government contracts, and his family's involvement in cryptocurrency deals. Rep. Jamie Raskin recently told The New York Times that oversight would be a key campaign promise of the newly elected Democrats. Congressional oversight hearings, once routine and often overlooked, gained notoriety during the second Trump administration when Attorney General Pam Bondi's testimony before the Senate Judiciary Committee turned contentious and personal.

The tension between Congress and the executive branch regarding accountability is expected to intensify under Democratic control.