• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Special Counsel Jack Smith’s federal Trump cases cost taxpayers more than $50 million, financials show

by November 26, 2024
written by November 26, 2024

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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website
next post
Tom Cotton slams ‘partisans and obstructionists’ in DOD reportedly plotting to block Trump plans

related articles

Hunter Biden seen driving Toyota rental in South...

May 31, 2025

Trump tariff plan faces uncertain future as court...

May 31, 2025

Musk confident DOGE will save $1 trillion as...

May 30, 2025

Who will be Elon’s successor? The top names...

May 30, 2025

Elon Musk sports black eye at farewell presser...

May 30, 2025

Biden says he could ‘beat the hell out...

May 30, 2025

Donald Trump fires National Portrait Gallery director for...

May 30, 2025

‘American hero’ or ‘failure’: Elon Musk’s DOGE departure...

May 30, 2025

Unfinished Business: The budget cuts Musk couldn’t complete...

May 30, 2025

Inside the late-night drama that led to Trump’s...

May 30, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Long RNA: Avidity Biosciences Shows Strength Amid Market Turmoil

    August 6, 2024
  • BRET BAIER: Unity Is In Our Name: What Americans want to hear from the 2024 presidential election winner

    November 4, 2024
  • Whitmer sounds off on Trump’s ‘constitutional crisis’ day after diplomatic appearance with him

    May 1, 2025
  • Vance congratulates Miller on new Trump administration position

    November 11, 2024
  • House Oversight Committee asks Secret Service chief to testify on Trump assassination attempt

    July 14, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,735)
  • Investing (624)
  • Stock (775)

Latest Posts

  • Taliban frees American hostage George Glezmann following negotiations with US, Qatar

    March 20, 2025
  • Trump energy chief declares climate change a ‘global physical phenomenon’ amid reversal of Biden-era policies

    March 11, 2025
  • Republican Kevin Hern profits from UNH stock while overseeing Medicare policy

    July 17, 2024

Recent Posts

  • Antisemitic shooting of Israeli diplomats adds to alarming rise in domestic terrorism

    May 22, 2025
  • Should Congressman McCaul be questioned for selling Microsoft before investigation call?

    July 11, 2024
  • DAVID MARCUS: Old Man Biden’s autopen pardons should be null and void

    May 18, 2025

Editor’s Pick

  • Billions spent, warfighters wait: Inside the Pentagon’s broken buying system and the plan to fix it

    May 2, 2025
  • Trump-aligned group sues Chief Justice John Roberts in effort to restrict power of the courts

    May 5, 2025
  • Experts say first week of ‘Trump effect’ is derailing global climate movement’s ‘house of cards’

    January 25, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock