Advertisement

US lawmakers reach deal to get Donald Trump’s financial records

  • The ex-president has fought for years to avoid handing the documents over to a committee investigating him for conflicts of interest and foreign financial ties
  • Trump ex-lawyer Michael Cohen had testified that his client inflated and deflated certain assets in part to reduce his real estate taxes

Reading Time:2 minutes
Why you can trust SCMP
1
Former US president Donald Trump speaks during a rally in Anchorage, Alaska, in July. Photo: AFP

A US House of Representatives committee said on Thursday it had reached an agreement with Donald Trump and accounting firm Mazars USA on handing over some of the former president’s financial records.

Advertisement

“After numerous court victories, I am pleased that my committee has now reached an agreement to obtain key financial documents that former president Trump fought for years to hide from Congress,” said congresswoman Carolyn Maloney, chairwoman of the Committee on Oversight and Reform.

The agreement ends litigation by Trump, the panel’s statement said.

Representatives for Trump did not respond to a request for comment. Mazars said it could not discuss anything related to its clients without consent but would fulfil its professional and legal obligations.

US congresswoman Carolyn Maloney speaks at an election-night gathering in New York in August. Photo: AFP
US congresswoman Carolyn Maloney speaks at an election-night gathering in New York in August. Photo: AFP

In July, a US appeal court largely upheld a congressional subpoena seeking financial records from Trump’s accounting firm, but said some of the lawmakers’ requests went too far.

Advertisement
Advertisement