Trump says House intel probe has no basis

WASHINGTON (AP) – President Donald Trump is lashing out at Adam Schiff, the Democratic chair of the House intelligence committee, after Schiff announced plans to launch a broad new investigation looking at Russian interference in the 2016 election and Trump’s foreign financial interests.

Trump says Schiff “has no basis” for doing that and is calling the California Democrat “a political hack who’s trying to build a name for himself.”

He’s also labeling the efforts “presidential harassment” and claiming they hurt the country.

Trump’s spoke during a White House event to announce his pick to serve as the next president of the World Bank.

Schiff said Wednesday the investigation would examine issues including “the scope and scale” of Russian intervention in the 2016 presidential election and whether foreign actors have sought to hold leverage over Trump, his family or associates.