NY Prosecutors Subpoena Trump’s Tax Returns

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The Manhattan district attorney’s office has subpoenaed eight years of President Trump’s personal and business tax returns from his longtime accounting firm, The Wall Street Journal reports. Citing an unnamed source, the newspaper reported that the probe is examining whether the handling of a hush payment to former adult-film star Stormy Daniels violated a state law on falsifying business records.

An investigation by state prosecutors into the president’s role in hush-money payments has escalated since the federal investigation into those payments— which sent former Trump lawyer Michael Cohen to prison in May — concluded this summer. Investigators from the district attorney’s office met with Cohen this summer, the Journal‘s source said. Federal prosecutors said in a charging document for Cohen that the Trump Organization accounted for reimbursement checks to him for the payments as “legal expenses,” when, in fact, there was no such retainer agreement. The reimbursement Cohen sought was “not in connection with any legal services he had provided,” prosecutors have said. Marc Mukasey, a lawyer for the Trump Organization, and a spokeswoman for the accounting firm Mazars USA did not comment on the merits of the prosecutors’ inquiry.

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