News

Trump Organization CFO Allen Weisselberg Subpoenaed By Investigators In Michael Cohen Case

Federal investigators are getting closer to the heart of the Trump Organization. The chief financial officer Allen Weisselberg has been subpoenaed to testify, the Wall Street Journal reported.

Weisselberg’s name came up on the secretly recorded tape in which Donald Trump‘s former lawyer, Michael Cohen, discusses a payoff to former Playboy model Stormy Daniels. Cohen can be heard telling Trump that he’s “spoken to Allen Weisselberg about how to set the whole thing up with…”

Last year, according the Wall Street Journal, Weisselberg arranged for the Trump Organization to pay Cohen a monthly retainer of $35,000 after Cohen had paid porn star Stormy Daniels $130,000 on the eve of the 2016 presidential election in exchange for her silence about an alleged affair with Trump.

50 CELEBRITIES WHO DIED IN 2018 – TRIBUTE SLIDESHOW

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

The Washington Post called the subpoena possibly the “biggest shoe to drop” from the Cohen tape. He’s worked for the Trump Organization for decades, and before joining the company, he worked for Donald Trump’s father, Fred Trump. When Trump became president, he handed over the day-to-day control of the business to his two elder sons and Weisselberg.

SLIDESHOW: DONALD TRUMP’S 30 CRAZIEST TWEETS

CNN’s Jake Tapper sited an unnamed source from inside the Trump Organization who called Weisselberg’s subpoena the “ultimate nightmare scenario” for Trump because Weisselberg “knows anything and everything.”


“He plays an integral part in the Trump Organization’s growth and continued financial success,” Ivanka Trump said in an email to the Wall Street Journal in 2016 while the newspaper was preparing a profile of Weisselberg. “He is deeply passionate, fiercely loyal and has stood alongside my father and our family for over [three] decades.”

Timothy O’Brien, who wrote the Trump biography Trump Nation and interviewed Weisselberg, called Cohen a “small fish” in “Trumplandia,” while Weisselberg is a major player. Weisselberg knows “more about the Trump Organization’s history and finances than nearly anyone,” O’Brien wrote in an opinion piece for Bloomberg. His emergence on the Cohen tape “should worry the president,” O’Brien added.

Steven Abendroth

Recent Posts

Harris Trolls Trump For Failure To Release His Medical Records

Vice President Kamala Harris recently released her medical records and dared former President Donald Trump to do the same.…

30 mins ago

VIDEO: Nicky Jam Withdraws Trump Endorsement Following Puerto Rico ‘Garbage’ Comment

https://youtu.be/wEWjxbqwPQs Singer Nicky Jam withdrew his support for former President Donald Trump on Oct. 30,…

38 mins ago

Democrats Attack Green Party Nominee Jill Stein In New Ad

A new ad about Green Party candidate Jill Stein has been released by Vice President Kamala Harris'…

17 hours ago

Jennifer Lopez Says Trump ‘Offended Every Latino In The Country’ With MSG Joke At Harris Rally

https://youtu.be/inbJpo6D4BQ Jennifer Lopez, campaigning with Kamala Harris on Oct. 31 in Nevada, said Donald Trump’s…

17 hours ago

Trump National Security Adviser Michael Flynn Says ‘Gates Of Hell’ Will Be Opened On Opponents If Trump Is Reelected

Former National Security Adviser Michael Flynn declared that the "gates of hell" would be unleashed if former…

2 days ago

VIDEO: Kamala Harris Hugs First Person In Line For Her Ellipse Rally, Chats With Her Mom

https://youtu.be/JQCdk-71tG0 Democratic presidential nominee Kamala Harris met with the woman who was the first in…

2 days ago