U.S. regulators investigate Trump Organization insurance company

Edited by Lena Valverde Jordi
2019-03-07 18:13:56

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New York, March 7 (RHC)-- One week after Donald Trump’s former personal lawyer and fixer Michael Cohen delivered an explosive congressional testimony on Capital Hill, The New York Times is reporting that New York state regulators are investigating insurance claims and policies of Trump’s businesses and have subpoenaed the Trump Organization’s insurance broker.

Michael Cohen told lawmakers last week that the Trump Organization regularly inflated the value of its assets for insurance purposes.

The news comes after the House Judiciary Committee requested documents from 81 people and groups in Trump’s inner circle.  Cohen returned to the Hill to continue his closed-door testimony before the House Intelligence Committee on Wednesday.



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