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Democrats lay out draft of articles of impeachment

Yahoo Finance's Jessica Smith joined Yahoo Finance Live to discuss how Democrats have layed out a draft of the articles of impeachment for President Trump and what this means.

Video Transcript

SEANA SMITH: I want to get to some breaking news. House Democrats circulating a draft of a new article of impeachment against President Trump. Jessica Smith has a copy of that draft and joins us now. Jessica, what can you tell us?

JESSICA SMITH: Yeah, an aide sent me this draft of the article of impeachment. Article 1 is listed as "incitement of insurrection." The aide tells me that the plan is to introduce this on Monday.

Now, reading through this, it says that, at the rally on Wednesday, President Trump lied about the election results and, quote, "made statements that encouraged and foreseeably resulted in imminent lawless action at the Capitol." It goes on to say that he also made efforts to stop the certification of election results. And it talks about that phone call he made with the Georgia secretary of state, telling him to find the votes he needed in Georgia. Then the article here goes on to say, "in all of this, President Trump gravely endangered the security of the United States and its institution of government." It says, "He thereby betrayed his trust as president."

So, again, Democrats planning to introduce this article of impeachment-- this is a draft copy that we have at this point-- for incitement of insurrection.

ADAM SHAPIRO: Jessica Smith, thank you for the update on the potential impeachment next--