Another subpoena has been issued for President Trump's tax returns.
This time, it's from Manhattan state prosecutors, who have subpoenaed Trump's accounting firm, Mazars USA, for eight years of his personal and corporate tax returns, The New York Times reports. This subpoena was reportedly issued by the Manhattan district attorney's office late last month, and it comes as part of the ongoing investigation into the hush-money payment made to keep porn star Stormy Daniels quiet about her alleged affair with Trump prior to the 2016 presidential election. Trump has denied the affair.
Trump's former lawyer, Michael Cohen, was previously sentenced to three years in prison for his role in paying off Daniels. Although Cohen was convicted for violating federal campaign finance laws, the Times notes New York prosecutors are examining whether state laws were violated when Cohen was reimbursed.
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"In particular, the state prosecutors are examining whether the [Trump Organization] falsely accounted for the reimbursements as a legal expense," the Times writes.
Democrats investigating Trump have previously moved to obtain financial documents by issuing subpoenas including to the Treasury Department, but the president has taken these requests to court. The Times writes that for Trump, "it may be more difficult to fend off a subpoena in a criminal investigation with a sitting grand jury, as there is in Manhattan," although the tax returns would only be made public if they became evidence in a criminal case. Read more about the subpoena at The New York Times.
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