PULSE POINTS:
❓What Happened: The Trump administration is reportedly considering a federal investigation into Axel Springer, the German parent company of POLITICO and Business Insider. The possible probe follows a thinly sourced story published by Business Insider suggesting that Donald Trump Jr.’s business interests could be akin to Hunter Biden’s corrupt political activities.
👥 Who’s Involved: The Trump White House, Donald Trump Jr., Business Insider journalist Bethany McLean, and Axel Springer.
📍 Where & When: The issue arose following a May 6 report by Business Insider, with rumors of a possible federal probe emerging between May 13 and 15.
💬 Key Quote: An unnamed White House adviser reportedly referred to Axel Springer as a “German influence operation” and suggested its reporting could be “illegal foreign political meddling.”
⚠️ Impact: The potential probe could place Axel Springer under federal scrutiny for its media activities in the U.S.
IN FULL:
The Trump White House is reportedly weighing a federal investigation into Axel Springer, the German media conglomerate that owns POLITICO and Business Insider. The move follows a recent report by Business Insider comparing Donald Trump Jr.’s business activities to Hunter Biden‘s alleged selling of White House access, involving his father, former President Joe Biden.
On May 6, journalist Bethany McLean published a piece in Business Insider titled “Don Jr. Is the New Hunter Biden.” The report highlighted Trump Jr.’s involvement with the venture capital firm 1789 Capital and quoted an anonymous source allegedly close to the Trump family claiming, “What they’re doing is selling access to the president via the back door.”
The comparison parallels Hunter Biden, who has faced scrutiny for years over his foreign business dealings and accusations of leveraging White House access during his father’s political career. Notably, other Biden family members, including Joe Biden’s brother, Jim Biden, faced similar allegations of political corruption.
Following the Business Insider story, reports emerged that the Trump White House is considering a federal probe of the media outlet’s foreign owner, Axel Springer. Speculation regarding the investigation has been further fueled by a story from Matthew Boyle of Breitbart News, which cites an unnamed White House adviser who described Axel Springer as a “German influence operation.” The adviser also suggested that the company’s activities might amount to “illegal foreign political meddling.”
Axel Springer’s media outlets, including POLITICO and Business Insider, are believed to have attracted the attention of senior administration officials. Notably, the German-based media conglomerate and its U.S.-based media properties could face scrutiny for potentially violating federal ethics norms.