New York state regulators have subpoenaed President Trump’s insurance broker, following testimony from former Trump attorney Michael Cohen that Trump exaggerated his wealth to insurance companies. That subpoena — acknowledged Tuesday by broker Aon PLC — signaled another line of inquiry into Trump’s private business, this time by New York’s Department of Financial Services.
Lobbyists representing the Saudi government reserved blocks of rooms at President Trump’s D.C. hotel within a month of Trump’s election in 2016 — paying for an estimated 500 nights at the luxury hotel in just three months, according to organizers of the trips and documents obtained by The Washington Post. At the time, these lobbyists were reserving large numbers of D.C.-area hotel rooms as part of an unorthodox campaign that offered U.S. military veterans a free trip to Washington — then sent them to Capitol Hill to lobby against a law the Saudis opposed, according to veterans and organizers.
President-elect Donald Trump’s charitable foundation has admitted to the IRS that it violated a legal prohibition against “self-dealing,” which bars nonprofit leaders from using their charity’s money to help themselves, their businesses or their families. The foundation checked “yes” on the IRS tax filing form for 2015 when asked if it had transferred “income or assets to a disqualified person.”