- House Minority Leader Hakeem Jeffries, D-N.Y., spoke on Tuesday with CNBC's Emily Wilkins at the CNBC CEO Council Summit in Washington.
- Jeffries said he was optimistic that Democrats would take back the House in November and promised to rein in the Trump administration, though he said Democrats aren't focused on impeachment at the moment.
- Jeffries said Democrats would focus on anti-corruption measures if they take back the House, including potentially passing a ban on Congress members trading stocks and imposing a bar on lawmakers and their staff placing bets on prediction markets.
Jeffries, at the
CNBC CEO Council Summit in Washington, told CNBC's Emily Wilkins that Democrats will continue to hammer home affordability as they hope to flip the House in this November's midterm elections. Jeffries said the Trump administration has been "completely and totally out of control," but was noncommittal when asked about the prospect of starting impeachment proceedings next year.
"We haven't ruled anything in; we haven't ruled anything out," the New York Democrat said.
Trump, who was
twice impeached in his first term, has repeatedly warned that Democrats would impeach him if they retake the House. But for Democrats, impeachment could be an exercise in futility if they don't also win a healthy majority in the Senate, where Republicans are expected to retain their narrow edge.
Instead, Democrats have spoken broadly about reining in what they view as corruption within the Trump administration, which Jeffries said is a sign that the GOP is "not focused on actually solving problems for the American people."
"A lot of the focus from an accountability standpoint, I think it's fair to say, will be centered around delivering the type of government that's actually focused on improving the quality of life of the American people, as opposed to the self-dealing that we're seeing occur right now," Jeffries said.
Jeffries projected confidence in the 2026 midterms, citing a string of wins in special elections in the last year and a half. He said a Democratic House majority would prioritize rooting out corruption in all branches of government, including potentially adopting a ban on
member stock trading and an internal rule barring members and staff from placing bets on prediction markets. Senators already banned themselves from prediction markets in April.
"I think the House will do the same thing," Jeffries said of the prediction market prohibition. "The House should also prohibit members of Congress from being able to trade stocks, and we've clearly expressed that as part of an anti-corruption agenda."<small>Source: CNBC</small>
Business
Jeffries: Democrats aren't focused on Trump impeachment 'at this moment'
CNBC
June 02, 2026
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