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Trump Inaugural Committee Hit With Sweeping Subpoena

Prosecutors looking into potential money laundering, other violations
By Rob Quinn,  Newser Staff
Posted Feb 5, 2019 2:24 AM CST
President Trump pumps his fist after being sworn in as the 45th president of the United States during the 58th Presidential Inauguration in Washington, Friday, Jan. 20, 2017.   (AP Photo/Andrew Harnik)
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(Newser) – President Trump has yet another legal headache: Federal prosecutors have stepped up their investigation of his inaugural committee and issued a sweeping subpoena for documents related to its donors and finances. Sources tell the New York Times that the subpoena seeks documents related to the committee's vendors, guests, contractors, federal filings, and benefits handed out, including photo-ops with the president. The subpoena also seeks information on whether any foreigners donated to the committee, which would have been illegal, reports the Washington Post. A spokesman for the committee, which raised a record-breaking $107 million for Trump's inaugural festivities, says it intends to cooperate. The Times' sources say prosecutors are looking into potential money laundering, among other violations.

The committee was chaired by longtime Trump friend Tom Barrack, though the only person named in the subpoena from the US Attorney's Office in Manhattan is Imaad Zuberi, an LA-based venture capitalist who raised funds for both Barack Obama and Hillary Clinton. His firm, Avenue Ventures, donated $900,000 to Trump's inaugural committee. The subpoena also seeks documents related to payment-processing firm Stripe, whose investors include Josh Kushner, brother of Jared Kushner. Chris Christie tells ABC he has "been saying for months that the Southern District of New York investigation presents a much more serious threat to the administration, potentially, than what Bob Mueller is doing." (The probe was reportedly prompted by items seized from Michael Cohen's offices.)

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