two of which went out today to the trump children in new york s civil investigation into this type of alleged financial misdeed. it was my experience that mr. trump inflated his total assets when it served his purposes. such as, trying to be listed amongst the wealthiest people in forbes, and deflated his assets to reduce his real estate taxes. that of course from former trump organization lawyer, michael cohen, testifying before congress in 2019 accusing the former president of doing what new york state and the manhattan da are both looking into, hence the subpoenas and now the attempt to squash them. joining us now with the latest, cnn s kara scannell. so what is the reaction from the attorney general of new york by the trumps to squash these subpoenas? yes, we almost immediately after the motions to squash the subpoenas hit the court docket, the new york attorney general letitia james tweeted out that she is undeterred. she said donald trump, donald trump jr., and ivanka tru
suggests trump and the trump organization falsely and fraudulently valued multiple assets and misrepresented those values to financial institutions for economic benefit. well, the trump organization firing back saying, quote, the only one misleading the public is letitia james, she has no case. but someone who was once in trump s inner circle says otherwise. in fact, back in 2019, former trump attorney michael cohen testified under oath about this very detail. take a listen. it was my experience that mr. trump inflated his total assets when it served his purposes and deflated his assets to reduce his real estate taxes. joining me now the man himself, trump s former personal attorney, michael cohen, author of the new york times best seller disloyal and host of the podcast mea culpa. that testimony we just played, it kind of feels like an
to reduce his real estate taxes. so three years later, here we are. cnn s kara scannell joins us now with the very latest. what did mazars say in the letter to the trump organization. they said telling the trump organization they should no longer rely on ten years of financial statements. these were the financial statements that mazars are compiled for the trump organization, and they said this is based on a couple of things, one is the new york attorney general s investigation. they made a public filing that went into great detail about various misstatements, allegations of misstatements and omissions in these financial statements, everything from the size of donald trump s apartment at trump tower to how much cash they had on hand to how they were valuing golf courses. so a significant move, but in this, though, interestingly, they are not drawing any sharp conclusions about whether there was any fraud here. they say while we have not concluded that the various financial statemen
trump. not only that, the accounting firm is also warning the trump organization and telling it to warn others not to rely on nearly a decade s worth of those fie financial statements. this comes amid an ongoing civil and criminal probe into the president. it was my experience that mr. trump inflated his total assets when it served his purposes, such as trying to be listed amongst the wealthiest people in forbes and deflated his assets to reduce his real estate taxes. three years later, here we are. what did mazar say in this letter to the trump organization? telling the trump organization they should no longer rely on nearly ten years of financial statements.
the white house. no word on the stuff that was flushed down the toilet. a big blow to trump last week, a judge ruling that trump, don jr., and ivanka, must be deposed within three weeks. ruling that the new york attorney general has the clear right to question them. that probe into whether the trump organization misrepresented assets, after michael cohen said this in 2019 before congress. it was my experience that mr. trump inflated his total assets when it served his purposes. and deflated his assets to reduce his real estate taxes. joining me now, neal katyal. good to see you. talk to me about, of all this stuff, what do you think gives donald trump the greatest exposure? what is the greatest threat, if he were ranking what went wrong