The Justice Department probe reported in May 2026 examined whether E. Jean Carroll made false statements under oath about outside funding for her civil lawsuits against President Trump, including donations from Reid Hoffman’s nonprofit. U.S. Attorney Andrew Boutros publicly stated that no criminal investigation into Carroll herself was ever opened, redirecting scrutiny toward the nonprofit’s role in litigation financing. Subsequent Supreme Court rulings have upheld key aspects of the civil judgments against Trump while appeals on the larger defamation award remain pending. These developments, combined with the administration’s broader pattern of reviewing cases involving Trump adversaries, shape trader views on the low likelihood of federal charges against Carroll absent new evidence or procedural shifts before any resolution deadline.