Political and Legislative

House Committee Reaches an Agreement to Obtain Trump Financial Records

 A House committee seeking financial records from former President Donald Trump has reached an agreement that ends litigation on the matter and requires an accounting firm to turn over some of the material, the panel’s leader announced Thursday.

The long-running case began in April 2019, when the House Committee on Oversight and Reform first subpoenaed a wealth of records from Trump’s then-accounting firm, Mazars USA. The committee cited testimony from Trump’s former attorney, Michael Cohen, that it said raised questions about the president’s representation of his financial affairs when it came to seeking loans and paying taxes.

Under the agreement, Trump has agreed to end his legal challenges to the subpoena and Mazars USA has agreed to produce responsive documents to the committee as expeditiously as possible, said Rep. Carolyn Maloney, D-N.Y., who heads the committee.

Read the source article at Associated Press News

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