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Pelosi To Announce Formal Impeachment Enquiry Despite Trump Release Of Ukraine Transcript

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Via Zerohedge

Update: Democrats are scrambling as it seems President Trump’s decision to release the transcript has spoiled their narrative.

Chuck Schumer appears to have let slip what Democrats’ next play will be as he demanded that the Whistleblower’s complaint still be released (which inevitably is a partisan document), claiming that the Trump call transcript “is insufficient.”

That would appear to be an entirely defenseless position to take (as the source did not actually hear the complaint or read the transcript), but they have to keep the suspicion alive.

Additionally, Rep. Adam Schiff says the whistleblower wants to speak to his House Intel committee, and testimony may happen this week.

And finally, WaPo appears to have been ready for Pelosi‘s announcement with a pre-packaged story…

All of which is largely moot now that Trump will release the transcript.

Nevertheless, the algos are selling again…

However, we can’t help but wonder if the Democrats just walk into one of the biggest political trap of all time?

*  *  *

As we detailed earlier, stocks are bouncing back hard and impeachment odds tumbling after President Trump announced he has “authorized the release tomorrow of the complete, fully declassified and unredacted transcript…” somewhat stealing the jam out of Nancy Pelosi’s Democratic Party plans later this evening…

Why would Trump release such a transcript if it had anything incriminating?

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Stocks agreed and surged back…

And impeachment odds are tumbling down from 66% to 42%…

We suspect Biden’s election odds will also start to drop.





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