Manhattan D.A. reportedly impanels new grand jury to examine Trump's property valuations
Manhattan District Attorney Cyrus Vance Jr.'s office has convened a second long-term grand jury to hear evidence about the Trump Organization and whether it has committed criminal tax fraud, The Washington Post reports, citing people with knowledge of the matter. The grand jury is set to meet three days a week for six months, and the focus is expected to be on how former president Donald Trump and his company valued its assets, the Post reports.
"An earlier grand jury — convened this spring in Manhattan — returned felony indictments against two Trump companies and Trump's longtime chief financial officer Allen Weisselberg, charging them with tax evasion," the Post notes. "It is unclear whether that grand jury is still hearing evidence about the Trump Organization." Weisselberg and the Trump Organization have pleaded not guilty.
Article continues belowThe Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
"The seating of the new grand jury does not signal that any other Trump entities or executives will be charged," and it could end its term with no new indictments, the Post reports. Vance steps down at the end of the year, and so the grand jury will end its term under his newly elected successor, Alvin Bragg. Both Vance and Bragg are Democrats.
