by zero Hedge

Update (1800ET): Speaker Pelosi has decided she wants the last word before the evening news shows begin and has released the following statement reiterating – once again – the exact same threats/promises she delivered earlier:

Pelosi Statement Following Virtual Meeting of the House Democratic Caucus Washington, D.C. Speaker Nancy Pelosi issued this statement following a virtual meeting of the House the House Democratic Caucus this afternoon:

“Today, the House Democratic Caucus had an hours-long conversation that was sad, moving and patriotic. It was a conversation unlike any other, because it followed an action unlike any other.

It is the hope of Members that the President will immediately resign. But if he does not, I have instructed the Rules Committee to be prepared to move forward with Congressman Jamie Raskin’s 25th Amendment legislation and a motion for impeachment.

Accordingly, the House will preserve every option including the 25th Amendment, a motion to impeach or a privileged resolution for impeachment.

With great respect, our deliberations will continue.”

…and so we wait.

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Update (1635ET): A few minutes after the Democrats’ articles of impeachment were leaked (well timed ahead of the evening news cycle) and after President-Elect Biden would not be drawn on whether this decision was a good idea with only days in President Trump’s term to go, The White House has issued a brief statement claiming that the impeachment article that may be brought against President Trump is “politically motivated”

“As President Trump said yesterday, this is a time for healing and unity as one Nation.

A politically motivated impeachment against a President with 12 days remaining in his term will only serve to further divide our great country.”

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Update (1615ET): NBC News reports that they have received a draft of the articles of impeachment that Democrats are planning to bring on Monday. The articles reportedly claim that Trump “engaged in high crimes and misdemeanors by inciting insurrection.”

“President Trump gravely endangered the security of the United States and its institutions of government,” the draft said. 

“He threatened the integrity of the democratic system, interfered with the peaceful transition of power, and imperiled a coordinated branch of government. He thereby betrayed his trust as President, to the manifest injury of the people of the United States.”

“Wherefore President Trump, by such conduct, has demonstrated that he will remain a threat to national security, democracy, and the Constitution if allowed to remain in office, and has acted in a manner grossly incompatible with self-governance and the rule of law,” the draft continued. 

“President Trump thus warrants impeachment and trial, removal from office, and disqualification to hold and enjoy any office of honor, trust, or profit under the United States.”

Presumably, this is very different from what Maxine Waters demanded of her supporters:

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