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Trump organization ordered to court

CNBC: “A New York judge has ordered lawyers for President Donald Trump’s company and his son, Eric, to court later in September to explain why they should not be subject to subpoenas issued by the state’s attorney general’s office as part of an ongoing civil investigation.”

“AG Letitia James is investigating whether the Trump Organization incorrectly valued several real estate assets on annual financial statements that were used to obtain loans, as well as to get economic and tax benefits related to those properties. The probe comes as the Republican Trump is facing a tough re-election fight against Democratic nominee Joe Biden, a former vice president, and as Trump seeks to block a grand jury subpoena to his accountants for his income tax returns and other financial records from the Manhattan District Attorney’s office. Unlike James’s civil investigation, Manhattan DA Cyrus Vance Jr.’s office is conducting a criminal probe.”

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