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Top House Democrats on Tuesday unveiled two articles of impeachment against President Donald Trump, charging him with abuse of power and obstruction of Congress.
House Judiciary Committee Chairman Jerry Nadler said his committee will meet later this week to consider the articles and make a recommendation to the full House.
The two charges had been expected, and as they were announced before the stock market’s open there wasn’t much change in U.S. stock futures YMZ19, -0.16% ESZ19, -0.11% DJIA, -0.16% SPX, -0.12% .
“The argument ‘Why don’t you just wait’ amounts to this: Why don’t you just let him cheat in one more election?” House Intelligence Chairman Adam Schiff said during a news conference. “Why not let him cheat just one more time? Why not let him have foreign help just one more time?”
The manager of the president’s re-election campaign, Brad Parscale, blasted House Speaker Nancy Pelosi and her colleagues following their news conference.
“For months, Nancy Pelosi said she wouldn’t move forward on impeachment because it was too divisive and it needed bipartisan support,” Parscale said in a statement. “Well, it is divisive and only the Democrats are pushing it, but she’s doing it anyway. Americans don’t agree with this rank partisanship, but Democrats are putting on this political theater because they don’t have a viable candidate for 2020 and they know it.”
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The Democrats’ impeachment effort centers on Trump’s pressure on Ukrainian President Volodymyr Zelensky to launch investigations into Democratic presidential front-runner Joe Biden and his son Hunter, as well as into a theory that Ukraine interfered in the 2016 presidential election.