Democrats signal Musk, corporate probes as investors face new oversight risks

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[Democratic Senators Urge Trump To Keep Advanced AI Tech Out Of China] Kevin Dietsch/Getty Images News Democratic lawmakers preparing to take control of Congress in January said Sunday they would investigate Elon Musk, scrutinize corporate conduct and examine decisions by senior Trump administration officials. For investors, the planned inquiries could bring legal expenses, disclosure demands and reputational risks for companies drawn into congressional investigations. Sen. Elizabeth Warren’s (D-Mass.) expected leadership of the Senate Banking Committee puts financial services oversight in focus, although she identified no corporate targets.