Trump Organization finance chief subpoenaed in Cohen probe
Allen Weisselberg, the chief financial officer and executive vice president of the Trump Organization, has been called to testify in front of a federal grand jury as part of the criminal investigation into Michael Cohen, President Trump's former personal lawyer, people familiar with the matter told The Wall Street Journal.
Weisselberg is considered a witness, the Journal says, and it's unknown if he's already appeared before the grand jury. Weisselberg, who once worked for Trump's father, has been described as being very loyal to Trump, and former Trump executives said he also oversaw many of Trump's household expenses and for several years prepared his tax returns.
On Tuesday, Cohen's attorney, Lanny Davis, released a tape of a conversation Cohen had in 2016 with Trump, which he secretly recorded. Cohen and Trump discussed buying the rights to a former Playboy model's story about an affair she said she had with Trump, and Cohen is heard saying he would set up a company to make the payment. "I've spoken with Allen Weisselberg about how to set the whole thing up," Cohen says, but it's not clear if he did ever actually talk to Weisselberg about it; the payment was never made. People with knowledge of the matter told the Journal Cohen is being investigated for bank fraud and campaign-finance violations.
The 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.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
Donald Trump’s week in Asia: can he shift power away from China?Today's Big Question US president’s whirlwind week of diplomacy aims to bolster economic ties and de-escalate trade war with China
-
The Icelandic women’s strike 50 years onIn The Spotlight The nation is ‘still no paradise’ for women, say campaigners
-
Mall World: why are people dreaming about a shopping centre?Under The Radar Thousands of strangers are dreaming about the same thing and no one sure why
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
