The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Politics

Special Counsel Jack Smith’s federal Trump cases cost taxpayers more than $50 million, financials show

by admin November 27, 2024
November 27, 2024
Special Counsel Jack Smith’s federal Trump cases cost taxpayers more than $50 million, financials show

Special Counsel Jack Smith’s investigations into Donald Trump over the last two years – which he opted to dismiss this week – have likely cost U.S. taxpayers more than $50 million, according to Department of Justice expenditure reports.

Financial disclosures from the Special Counsel’s Office show that from mid-November 2022, when Smith was appointed special counsel, until March 31, 2023, his office incurred costs of about $9.25 million. A second disclosure laying out the office’s expenditures for the following six months showed the office’s spending increased to roughly $14.66 million. Meanwhile, a third expenditure report, the latest available, showed that from Oct. 1, 2023, to March 31, 2024, Smith’s office spent roughly $11.84 million.

These costs include both direct and indirect expenses, the latter of which is provided through various Department of Justice agencies.

Expenditure figures for the months between April 1, 2024, and Sept. 30, 2024, have yet to be released, but the average of the three reported periods is roughly $12 million. 

When that estimate is added to the numbers from the three reporting periods that have been publicly reported, the amount spent by Smith’s office since he was appointed rounds to about $47.5 million.

However, this estimate does not include any expenditures from Sept. 30 to date, so the total money spent is likely more than $50 million, Newsweek reported earlier this month. 

Attorney General Merrick Garland appointed Smith in November 2022 to oversee the federal investigation into Trump’s alleged interference in the 2020 election, and his improper handling of sensitive classified documents.

After an exhaustive, nearly two-year investigation, and other cases that saw Trump surrendering to authorities for a mugshot, Smith filed motions on Monday to dismiss the cases against the former president, citing procedural standards that preclude the prosecution of a sitting president.

The judge overseeing the election interference case agreed to drop the charges, while a decision on the classified documents case was still pending as of Monday evening, according to the Associated Press.

Trump responded to the judge’s decision Monday, calling the investigations he has been subjected to ’empty and lawless,’ adding that they ‘should never have been brought.’ 

‘Nothing like this has ever happened in our Country before,’ Trump wrote on Truth Social, before laying into state prosecutors and district attorneys, such as Fulton County DA Fani Willis, Manhattan DA Alvin Bragg and New York state Attorney General Letitia James, who Trump said ‘inappropriately, unethically and probably illegally campaigned on ‘GETTING TRUMP.’’ 

Fox News Digital reached out to the Department of Justice and White House for comment, but did not receive a response prior to publication.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Trump team signs memorandum of understanding with Biden White House to formalize transition
next post
Tom Cotton slams ‘partisans and obstructionists’ in DOD reportedly plotting to block Trump plans

Related Posts

Biden’s approval rating sinks over Israel-Hamas war; support...

November 16, 2023

Hegseth orders ‘historic’ reduction in general officers in...

May 6, 2025

State of the Race: How House Republican impeachment...

December 17, 2023

Finland center-right candidate Alexander Stubb declares presidential victory...

February 12, 2024

Trump promises to ramp up energy production, lower...

March 5, 2025

GOP lawmaker and ex-Green Beret demands briefing on...

January 24, 2024

Schumer coins ‘Trump shutdown,’ slamming GOP amid spending...

September 20, 2024

Focus group reacts to Trump, Harris faceoff over...

September 12, 2024

Israel says it killed top Hamas military commander...

August 1, 2024

Cease-fire between Israel and Hamas getting closer amid...

January 14, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,404)
    • Investing (3,391)
    • Politics (4,572)
    • World (4,505)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved