New York state regulators subpoena the Trump Organization's insurance broker, days after Cohen suggests misconduct
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
You are now subscribed
Your newsletter sign-up was successful
In addition to serving as the impetus for the sweeping request for documents made by the House Judiciary Committee on Monday, it appears that the testimony provided last week by Michael Cohen has led to tangible results in the insurance realm, as well.
During Cohen's testimony, when prompted by Rep. Alexandria Ocasio-Cortez (D-N.Y.), President Trump's former personal lawyer said that the Trump Organization inflated the value of its assets to insurance companies. On Tuesday, The New York Times reported that New York State regulators have issued an "expansive" subpoena to Aon, the Trump Organization's longtime insurance broker.
The Aon subpoena is not part of a criminal investigation and the Department of Financial Services does not have authority over Trump or his company, but it can refer any possible illegal activity to prosecutors, per the Times.
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 subpoenaed documents consist of anything related to the Trump Organization's business with Aon. The insurance company stated that it intends to cooperate with the review. Read the full report at The New York Times.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.
