3/27/2019

DEMS/TRUMP BUSINESS: “A request by a leading Democrat for records of Donald Trump’s financial dealings before he became president set off a partisan squabble in the U.S. House of Representatives on Wednesday [3-27-19]. In a letter to the chairman and chief executive officer of Mazars USA LLP, an audit and accounting firm, Elijah Cummings, chairman of the House Oversight Committee, last week requested records related to personal financial statements the firm prepared for Trump in 2011-2013. Republican leaders on Wednesday denounced Cummings’ move as an illegitimate effort to embarrass Trump. In his letter, Cummings cited recent testimony before his committee by former Trump lawyer Michael Cohen that Trump changed the estimated value of his assets and debts on financial statements prepared by Mazars. Cohen told the committee during his testimony that Trump at times inflated the value of his assets, such as when he was preparing a bid for the Buffalo Bills National Football League team, and at times deflated them, such as when he wanted to reduce his real estate taxes.”

Mark Hosenball, “U.S. lawmakers squabble over demand for Trump financial records,” Reuters, March 27, 2019 3:05 pm