News

Trump Will Testify In New York Fraud Case Against His Company

Former President Donald Trump and his adult children have run out of options in their efforts to dodge a subpoena and avoid testifying in New York Attorney Gen. Letitia James‘ investigation into the Trump Organization’s financial practices.

The New York court of appeals concluded that there was no “substantial constitutional question” that would cause them to step in. Trump, Ivanka Trump and Donald Trump Jr. agreed last week to begin testifying separately on July 15, but that date could be pushed back if the court decides to enact a stay of a judge’s order.

James opened an investigation into the Trump Organization’s business dealings and potential fraud in their valuation processes of real estate three years ago. So far, the investigation has found that statements used by outsiders to evaluate the financial condition of the organization are different from the ones the Trump Organization accountants received. James says that her probe has found that this valuation process has resulted in the ability to get loans and insurance and tax breaks.

The organization maintains that it did not do anything unlawful and Trump has called James’ investigation a “politically motivated witch hunt.”

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.

Rose Carter

Recent Posts

‘National Enquirer’ Publisher David Pecker Testifies In Trump’s Hush Money Trial

On Friday, former American Media CEO David Pecker concluded his testimony about meetings he had with…

4 days ago

Rep. Marjorie Taylor Greene Says Motion To Vacate Speakership Is Coming Regardless OF Pressure From Party

On Sunday, Rep. Marjorie Taylor Greene (R-Georgia) said her motion to vacate the speakership is "coming" regardless…

5 days ago

Federal Trade Commission Votes To Ban Noncompete Agreements

On Tuesday, the Federal Trade Commission (FTC) banned noncompete agreements in a 3-2 vote. The…

1 week ago

California Bill Would Prevent CLEAR Passengers From Line-Jumping At Airports

A proposed bill in California would prohibit security screening company CLEAR from skipping the general…

1 week ago

Supreme Court Seems Receptive To Laws That Allow Restrictions On Homeless

On Monday, the Supreme Court heard oral arguments over a challenge to a law allowing…

1 week ago

Arizona Republicans Block Bill To Repeal Abortion Ban On State House Floor

The Arizona House of Representatives failed to advance a repeal of the state's 160-year-old abortion…

2 weeks ago