In its efforts to compel President Trump’s accountants to hand over his tax returns, Manhattan District Attorney Cyrus Vance’s office has indicated that the scope of its investigation is wider than previously thought.
While the grand jury inquiry previously appeared to focus on hush-money payments made by the Trump campaign prior to the 2016 election, a new filing from Vance’s office cites news reports regarding a much broader range of the Trump Organization’s business practices.
News reports cited in the filing include reports on the congressional testimony of former Trump “fixer” Michael Cohen, and reports that Trump inflated the values of his properties when seeking loans.
“The prosecutor is just doing what he has to do in order to suggest this is a broad white-collar investigation, which generally justifies fairly broad subpoenas to financial institutions,” New York Law School professor Rebecca Roiphe told the New York Times. “They could be going on a totally different tangent.”
When asked about the investigation at a White House briefing, the president called it a “continuation of the worst witch hunt in American history” and “a terrible thing that they [Democrats] do.” [NYT] — Kevin Sun