Smart Capital Traders
  • Politics
  • Investing
  • Latest News
  • Stocks

Smart Capital Traders

  • Politics
  • Investing
  • Latest News
  • Stocks
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

previous post
Expert touts Trump’s energy sector nominations, outlines hopes for administration agenda to spark energy boom
next post
How to Trade MicroStrategy’s Painful Plunge: The Levels Every Investor Must Watch

related articles

Fall of Syria’s Bashar Assad is strategic blow...

December 9, 2024

Israel takes hard line against terrorists, allowing deportation...

November 7, 2024

Federal judge appointed by Trump quits group over...

March 12, 2025

Kevin Hassett doubles down on Trump tariffs, says...

April 7, 2025

New Trump-linked consulting firm launches in DC to...

April 30, 2025

Mark Zuckerberg on the stand: ‘Crazy,’ ‘scary’ ideas...

April 16, 2025

Pakistan warns of a ‘nuclear flashpoint,’ urges Trump...

May 3, 2025

Top Senate Dems pour cold water on latest...

December 21, 2024

Who is Norm Eisen? Meet the anti-Trump attorney...

February 9, 2025

House Minority Leader Jeffries describes Trump’s address to...

March 5, 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.

    Most Popular

    • 1

      Retraction of Forecast Financial Information Plus Announcement on New Metallurgical Testwork Results

      October 15, 2024
    • 2

      Bold Ventures Announces Final Closing of Non-Brokered Private Placement and Insider Subscriptions

      October 19, 2024
    • 3

      As North Korea, Iran and China support Russia’s war, is a ‘new axis’ emerging?

      October 25, 2024
    • 4

      Lode Gold Launches Exploration Program at One of the Largest Land Packages in New Brunswick

      October 19, 2024
    • 5

      Emyria and UWA in Partnership to Commercialise Novel Serotonin-Releasing Agents for Mental Health and Neurology

      October 31, 2024

    Categories

    • Investing (1,597)
    • Latest News (1,896)
    • Politics (1,964)
    • Stocks (629)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smartcapitaltraders.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 © 2025 smartcapitaltraders.com | All Rights Reserved