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Pelosi announces formal impeachment inquiry into President Trump

House Speaker Nancy Pelosi announced a formal impeachment inquiry into President Donald Trump on Tuesday, caving in to mounting pressure from fellow Democrats after reports that Trump may have asked the Ukranian government to investigate business dealings by the son of 2020 rival Joe Biden.

Earlier Tuesday Trump authorized the Wednesday release of the transcript of the phone call between himself and the leader of Ukraine on which the requests were allegedly made.