The Justice Department reportedly examined whether E. Jean Carroll committed perjury in a 2022 deposition tied to her two civil suits against President Trump, which centered on undisclosed funding from Reid Hoffman’s nonprofit for her legal costs. U.S. Attorney Andrew Boutros in Chicago issued a formal denial in late May 2026 that any criminal investigation into Carroll herself had been opened, shifting focus to the nonprofit. No federal charges have resulted, and the civil judgments against Trump—totaling roughly $88 million—were upheld on appeal, with the Supreme Court declining review of one case in June 2026. Perjury prosecutions in this context face high evidentiary and legal thresholds, and trader sentiment reflects uncertainty over whether the inquiry will produce charges or remain dormant absent new developments.