Key facts
- Senate Democrats plan investigations into private equity, data centers, and AI if they win control.
- Probes will focus on living costs, corruption, and affordability.
- Jeffrey Epstein and Trump administration pardons will also be investigated.
- Banks may be tapped for information if the administration is uncooperative.
US Senate Democrats intend to launch investigations into private equity, data center taxation, and artificial intelligence if they regain control of the chamber in the upcoming midterm elections, according to a key Democratic Senate aide. These probes would target issues affecting living costs and corruption. Daniel Goshorn, chief investigative counsel on the Finance Committee for the Democratic side, highlighted private equity's potential impact on healthcare, housing, and other essentials as a major focus. He also mentioned that data center taxation and public concerns surrounding AI would be addressed. The investigations are also expected to delve into the affairs of Jeffrey Epstein and the Trump administration's use of pardons. Banks might be involved in providing information for congressional oversight if the administration does not cooperate.