New York prosecutors subpoena 8 years of Trump's tax returns
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.
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.
"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.
-
Minnesota's legal system buckles under Trump's ICE surgeIN THE SPOTLIGHT Mass arrests and chaotic administration have pushed Twin Cities courts to the brink as lawyers and judges alike struggle to keep pace with ICE’s activity
-
Big-time money squabbles: the conflict over California’s proposed billionaire taxTalking Points Californians worth more than $1.1 billion would pay a one-time 5% tax
-
‘The West needs people’Instant Opinion Opinion, comment and editorials of the day
-
Trump sues IRS for $10B over tax record leaksSpeed Read The president is claiming ‘reputational and financial harm’ from leaks of his tax information between 2018 and 2020
-
Trump, Senate Democrats reach DHS funding dealSpeed Read The deal will fund most of the government through September and the Department of Homeland Security for two weeks
-
Fed holds rates steady, bucking Trump pressureSpeed Read The Federal Reserve voted to keep its benchmark interest rate unchanged
-
Judge slams ICE violations amid growing backlashSpeed Read ‘ICE is not a law unto itself,’ said a federal judge after the agency violated at least 96 court orders
-
Rep. Ilhan Omar attacked with unknown liquidSpeed Read This ‘small agitator isn’t going to intimidate me from doing my work’
-
Democrats pledge Noem impeachment if not firedSpeed Read Trump is publicly defending the Homeland Security secretary
-
The billionaires’ wealth tax: a catastrophe for California?Talking Point Peter Thiel and Larry Page preparing to change state residency
-
Hegseth moves to demote Sen. Kelly over videospeed read Retired Navy fighter pilot Mark Kelly appeared in a video reminding military service members that they can ‘refuse illegal orders’
