Summary
Acting Attorney General Todd Blanche testifies before a House Appropriations subcommittee on DOJ oversight. The hearing covers the fiscal year 2027 budget, violent crime reduction, fentanyl enforcement, the anti-weaponization fund, and allegations of political corruption. No investment or trading ideas are discussed.
- Blanche presents the DOJ's $41.2 billion budget request, a 13% increase over FY2026.
- He highlights progress in violent crime reduction, fentanyl seizures, and immigration enforcement.
- Ranking members criticize the DOJ for the anti-weaponization fund, tax immunity orders, and Epstein file handling.
- Blanche states the anti-weaponization fund will not move forward despite prior memos.
- Members question the DOJ's stance on hate crime grants, gun regulations, and immigration enforcement.
- The hearing focuses on political accountability and policy disputes, not financial markets.