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.
Michael D. Cohen, the former personal lawyer and fixer for President Trump, has indefinitely postponed his congressional testimony, his lawyer said in a statement on Wednesday, citing Mr. Trump’s verbal attacks on Mr. Cohen’s family in the days since he scheduled his appearance on Capitol Hill.
Michael D. Cohen, President Trump’s former lawyer and fixer, admitted in court on Thursday that he had engaged in negotiations to build a tower in Moscow for Mr. Trump well into the 2016 presidential campaign, far later than previously known.
Late last month, in the midst of a federal investigation into Cohen, sources close to the former Trump lawyer made a bombshell claim to CNN. They said that, according to Cohen, Donald Trump himself knew in advance about his son Don Jr.’s secret meeting with a Russian delegation during the 2016 campaign. These anonymous sources added that Cohen would be happy to tell special counsel Robert Mueller all about this. And other media outlets, such as the Washington Post, soon heard similar things from a source close to Cohen.
President Trump’s former lawyer Michael Cohen pleaded guilty Tuesday in a Manhattan courthouse to eight violations of banking, tax and campaign finance laws in a federal investigation that scrutinized his business dealings and efforts to silence women with negative stories about Trump.
Federal investigators in New York are seeking to determine whether Mr. Cohen misrepresented the value of his assets to obtain the loans, which exceed $20 million. They are also examining how he handled the income from his taxi medallions and whether he failed to report it to the Internal Revenue Service.
This week brought an unwelcome turn in the spotlight for a notoriously under-the-radar fixture in President Trump’s inner circle: Trump Organization Chief Financial Officer Allen Weisselberg. Weisselberg’s name first cropped up in a now-public audio recording of Trump and his former fixer Michael Cohen discussing a payment related to Trump’s alleged affair with a former Playboy playmate.
According to CNN, Michael Cohen says President Trump knew in advance about the Trump Tower meeting from Don Jr., approved the meeting in advance, was looking forward to getting the dirt. A little backstory on this. Cohen has been suggesting that he knows this and is willing to testify to that effect. CNN is apparently the first to get this solid enough to report.