JUST IN: House Oversight Committee Is Planning the Subpoena!

Submitted by MAGA Student

Posted 5 days ago

The House Oversight Committee is reportedly planning to subpoena President Trump’s financial records.


As reported by washingtonpost.com
A top House investigative committee plans to subpoena President Trump’s accounting firm, Mazars USA, for Trump’s financial statements on Monday, according to a letter to lawmakers obtained by The Washington Post.

House Oversight and Reform Committee Chairman Elijah E. Cummings on Friday notified panel members of his intention to subpoena the company after it refused to hand over Trump’s financial documents, citing laws and rules that require compulsory measures from the panel.

Cummings (D-Md.) had told reporters earlier this month that the company requested what he called a “friendly subpoena,” before they would comply with the request.

The move comes less than a week after the Treasury Department missed a deadline to hand over Trump’s tax returns to the House Ways and Means Committee. Lawmakers expect the Trump administration to take their fight over the president’s IRS documents to the courts — so they have sought other avenues to learn about Trump’s business practices in the meantime.

That is why Oversight has reached out to Mazars as well as Capital One, Trump’s personal bank.

For more than a decade, Mazars and a predecessor firm signed off on financial statements for Trump that he used when seeking loans. Some of the statements include frequent exaggerations or inaccuracies and were accompanied by a note from the firm saying it was not responsible for the accuracy of the information.

The Oversight committee on March 20 asked the company for copies of “statements of financial condition” and audits prepared for Trump and several of his companies, including the one that owns the Trump International Hotel in downtown Washington. The panel also requested supporting documents used to produce the reports and communications between the firm and Trump.

A company spokesman did not immediately respond to a request for comment. But in a March 27 letter responding to the committee, shared with The Post, Mazars officials laid out rules and laws barring them from handing out client information without a “validly issued and enforceable subpoena.”

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