4/12/2019

LEGAL/MICHAEL COHEN/TRUMP BUSINESS: “House Oversight and Reform Committee Chairman Elijah Cummings (D-Md.) is moving to issue a subpoena to obtain 10 years of President Donald Trump’s financial records from accounting firm Mazars USA, the chairman told members of the panel in a memo on Friday [4-12-19]. Cummings plans to issue the subpoena on Monday [4-15-19] after Mazars asked for a so-called ‘friendly’ subpoena, so that it could comply with the committee’s document demands. In his memo, Cummings explained that the committee asked for the records as part of its efforts to corroborate allegations made by Trump’s former fixer and attorney Michael Cohen, who told lawmakers in February that Trump artificially inflated and deflated the value of his assets to his personal benefit. Cohen turned over three of Trump’s financial statements to the committee. Some of those statements were prepared by Mazars. Cummings wrote in his memo that those documents ‘raise grave questions about whether the president has been accurate in his financial reporting.’”

Andrew Desiderio, “Cummings moves to subpoena Trump financial records,” Politico, April 12, 2019 4:53 pm