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Added on the 02/08/2016 00:29:02 - Copyright : Reuters EN
The Trump Organization's finances are to be under even closer scrutiny by the Manhattan District Attorney's office. CNN reports the investigation will include the family's 212-acre 'Seven Springs' compound in Westchester County. It's a significant widening of an investigation that began more than a year ago, and also draws closer to President Donald Trump's son Eric Trump. He's the Trump Organization's executive vice president and was directly involved in discussions about the property now under investigation. The criminal investigation poses a significant threat to Trump, his business, and his family as he leaves the White House next week.
If Joe Biden is elected president, outgoing President Donald Trump is likely to have more days in court than he ever dreamed possible. Lacking his current presidential protections, Trump will face multiple investigations over whether he committed fraud in his businesses--and as an individual. According to CNN, Trump also faces defamation lawsuits sparked by his denials of accusations made by women who have alleged he assaulted them. If Trump wins, he may be able to run out the statute of limitations, which for some crimes in New York state law is five to six years. Or, he could simply continue enjoying the DOJ's Office of Legal Counsel opinion that says a sitting president can't be indicted.
President Donald Trump's tax returns are shrouded in mystery. The New York Times wrote a series of articles, based on copies of Trump's returns they were able to obtain. On Thursday, Trump did a town hall on NBC. He was asked about his taxes. CNN reports that Trump made several revelations during the town hall about his taxes. 1) Trump does have more than $400 million in loans coming due. 2) Trump won't say whether he has loans with foreign banks or foreign governments. 3) Trump is under audit (still). 4) Trump seemingly only paid $750.00 in taxes in 2016.
Running in the presidential election has already had consequences for Republican nominee Donald Trump as dozens of activists gathered outside a Trump Hotel building-site in Washington D.C. on Sunday. Construction is nearly finished on Trump's new hotel in the nation's capital, and the hotel is set to open its doors to guests on September 12th.
U.S. Democratic vice presidential candidate Tim Kaine criticizes Republican Donald Trump for not releasing his tax returns. Rough Cut (no reporter narration).
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