Trump Organization

Subterms

    More stories

    • 150 Shares179 Views

      in Elections

      A Trump Case Awaits. Who Is the Best Prosecutor for the Job?

      by

      Some candidates for Manhattan’s district attorney are agents of change who want to cut the police budget. Others are very comfortable with long-established established power networks.During its 20 year run, “Law & Order” cast five different actors in the role of Manhattan district attorney, a rate of turnover that feels like science fiction given that, in reality, four people have been elected to the office in 83 years. For the past 46 of them, the position, one of the most important prosecutorial posts in the country, has been held by two people, each an aristocrat born to a political dynasty: First, Robert M. Morgenthau, son of Henry Morgenthau Jr., who served as treasury secretary under two presidents (and who was himself the son of the United States ambassador to the Ottoman Empire); and since 2010, Cy Vance, son of the former secretary of state for whom he is named.In three weeks, Manhattanites will have the opportunity to vote for someone new at a pivotal moment in the history of race and social reform, during a period when leading prosecutors around the country — in Philadelphia, San Francisco, Chicago, Boston — have been on the vanguard of the movement to reduce incarceration. The stakes would suggest a certain amount of heat, but engagement with the election has been strikingly low. In a recent poll of likely Democratic voters living in Manhattan, 44 percent said that they did not know whom they would vote for among the eight available D.A. candidates.The contender who has received the most attention is the one who has spent the most money to get it. Tali Farhadian Weinstein, a highly qualified prosecutor, leads the field in two areas: financing, having raised close to $4.5 million, an astonishing sum for a race of this kind, and the elite credentials that often make that possible. A graduate of Yale and Yale Law School, a Rhodes scholar who clerked for Merrick B. Garland and Sandra Day O’Connor, Ms. Farhadian Weinstein has been, among other things, a chief adviser to Eric Gonzalez, the Brooklyn district attorney known for his reform work around bail, juvenile justice and diverting low-level drug offenders from the prison system.With the exception of Elizabeth Crotty, who is running a campaign so traditionally focused on public safety that police unions can’t stop endorsing her, everyone else has produced a platform that lands somewhere along the spectrum of a contemporary progressive mandate. (There is a single Republican candidate, Thomas Kenniff, but Manhattan has not elected a Republican D.A. since Thomas E. Dewey in 1937.)The issue with Ms. Farhadian Weinstein is not that she lacks the sensitivities this particular moment is calling for; rather, she offers no break in the long and dubious tradition of handing the office over to those who live at the top of an intricately knit network of wealth and power, far from the ordinary realities.The wife of hedge-fund manager Boaz Weinstein, with whom she bought a $25.5 million Fifth Avenue apartment formerly belonging to the copper heiress Huguette Clark, Ms. Farhadian Weinstein has raised tens of thousands of dollars from her husband’s friends and colleagues on Wall Street. (Among them is the billionaire Ken Griffin, who built his own stunning relationship to New York real estate when he bought a condominium on Central Park South for $238 million, at the time the most expensive home ever sold in the United States.)Throughout her campaign, Ms. Farhadian Weinstein has argued that none of these connections would impede her judgment, that she would prosecute financial crime fearlessly. When asked in a debate earlier this month about potential conflict of interest, she said that she would recuse herself in any instance where she had ties to the accused. But that is a solution to a problem that shouldn’t exist in the first place. When you elect a gifted lawyer to run a hugely influential office, the hope is that she’ll be available, game in hand, to advise on the biggest and most sensational cases.The chief criticism of the Vance era is that his office kowtowed to the moneyed class over and over. It laid bare the danger that comes from intimacy with the opposition and revealed the high costs of recusal. A decade ago, for instance, when Dominique Strauss-Kahn, the former managing director of the International Monetary Fund, was arrested on charges of sexually assaulting a housekeeper in a Midtown hotel, he retained the counsel of Marc Agnifilo. As it happened, the lawyer was married to someone high up in Mr. Vance’s office — the chief of the trial division, who ordinarily would have supervised the case.Given that Karen Friedman Agnifilo had a lot of experience in sex crimes, her involvement would have been invaluable. Instead she was forced to tuck herself away. Eventually the charges against Mr. Strauss-Kahn were dismissed under a case that famously collapsed. During the preceding 18 months, the Agnifilos had found themselves in similarly entangled situations two dozen times.In his acclaimed 2017 book, “The Chickenshit Club,” the Pulitzer Prize winning journalist Jesse Eisinger begins with the question of how it came to pass that virtually no one was prosecuted in regard to the 2008 financial crisis. He determines that a growing sense of coziness and collusion between the business and legal professions, emergent since the beginning of the current century, have limited both the ability and commitment of prosecutors to tackle corporations and the people who run them. Several years ago, Eric Holder, who has endorsed Ms. Farhadian Weinstein (she worked for him in the Obama Justice Department), briefly embraced the idea that certain banks are “too big to jail.”Tahanie Aboushi, a civil rights lawyer who is essentially a dismantlist, sits at a very different end of the continuum. She is in favor of cutting the budget of the police department by 50 percent, and her antipathy to incarceration extends to a refusal to prosecute a long list of offenses, including harassment in the second degree, which, as Ms. Farhadian Weinstein astutely pointed out in the most recent debate, would include shoving a person on a subway platform out of bias.Even the Five Boro Defenders, a group of lawyers and social justice advocates deeply sympathetic to Ms. Aboushi’s worldview, pointed out in their voting guide that they found it “concerning” that “she frequently lacked a clear understanding or vision” for accomplishing her objectives. Some opposed to Ms. Aboushi’s approach resent her inclusion in a race that they worry could detract from the other leading progressive, Alvin Bragg, the only Black candidate in the field. Nonetheless, Ms. Aboushi has the support of the influential Working Families Party.A native of Harlem, the son of a math teacher and a father who worked in social welfare, Mr. Bragg has a long and impressive résumé, having served as a federal prosecutor under Preet Bharara (who has endorsed him) and in various top positions in the state attorney general’s office. There he oversaw an investigation into the Police Department’s stop-and-frisk program and found that only one-tenth of 1 percent of stops, over a period of three years, resulted in convictions for a violent crime. He also worked to repeal 50-a, the law that shielded the misbehaviors of the police from the public for so long.“The thing about Alvin is that you don’t have to worry about his sincerity as a reformer,” Zephyr Teachout, the legal scholar who challenged Gov. Andrew M. Cuomo from the left in the Democratic primary six years ago. “He has done the work.”Whoever becomes the next D.A. will inherit the case against the Trump Organization and all the major legacy potential that comes along with it. In the eyes of many New Yorkers, Manhattan’s next district attorney will either be the one to finally bring Donald Trump to account — or be remembered as the one who failed to do so. For the moment at least, there is no evidence that anyone running would need to back away from the challenge of that. More

    • 113 Shares149 Views

      in Elections

      Giuliani’s Allies Want Trump to Pay His Legal Bills

      by

      As Rudolph Giuliani faces an escalating federal investigation and defamation suits, his advisers believe he should benefit from a $250 million Trump campaign war chest.As a federal investigation into Rudolph W. Giuliani escalates, his advisers have been pressing aides to former President Donald J. Trump to reach into a $250 million war chest to pay Mr. Giuliani for his efforts to overturn the results of the 2020 election on Mr. Trump’s behalf.The pressure from Mr. Giuliani’s camp has intensified since F.B.I. agents executed search warrants at Mr. Giuliani’s home and office last week, according to people familiar with the discussions, and comes as Mr. Giuliani has hired new lawyers and is facing his own protracted — and costly — legal battles.Federal prosecutors in Manhattan have been examining communications between Mr. Giuliani, Mr. Trump’s former personal lawyer, and Ukrainian officials as he tried to unearth damaging information about President Biden before the election. The prosecutors are investigating whether Mr. Giuliani lobbied the Trump administration on behalf of Ukrainian officials who were helping him, a potential violation of federal law.Mr. Giuliani, who has not been charged, has denied any wrongdoing and denounced the searches as “corrupt.” The actions in Ukraine were part of Mr. Trump’s first impeachment trial.Separately, Mr. Giuliani is being sued for defamation by two voting machine companies, Dominion and Smartmatic, for his false claims that the companies were involved in a conspiracy to flip votes to Mr. Biden.Mr. Giuliani led the effort to subvert the results of the 2020 race in a series of battleground states, but he was not paid for the work, according to people close to both Mr. Giuliani and Mr. Trump. His supporters now want the Trump campaign to tap into the $250 million it raised in the weeks after the election to pay Mr. Giuliani and absorb costs he has incurred in the defamation suits.“I want to know what the GOP did with the quarter of $1 billion that they collected for the election legal fight,” Bernard Kerik, the former New York City police commissioner, wrote on Twitter on Sunday. Mr. Giuliani appointed Mr. Kerik when he was mayor of New York.Using expletives, Mr. Kerik added that “lawyers and law firms that didn’t do” much work were paid handsomely, while those who worked hard “got nothing.”Mr. Kerik has made similar complaints to some of Mr. Trump’s advisers privately, according to people familiar with the conversations, arguing that Mr. Giuliani has incurred legal expenses in his efforts to help Mr. Trump and that Mr. Giuliani’s name was used to raise money during the election fight.In a separate tweet, Mr. Kerik blamed the Republican National Committee chairwoman, Ronna McDaniel. R.N.C. officials said that the group did not make the same overt fund-raising appeals as the Trump campaign to challenge the election results.A lawyer for Mr. Giuliani, Robert J. Costello, has had conversations with a lawyer for Mr. Trump about whether any of the material that was seized by the F.B.I. should be protected from scrutiny because of attorney-client privilege. Mr. Costello has also raised the question of paying Mr. Giuliani, according to two people briefed on those discussions.Jason Miller, a spokesman for Mr. Trump, declined to comment. Mr. Giuliani could not be reached for comment.Mr. Giuliani had encouraged Mr. Trump to file challenges to the election, and the former president tasked Mr. Giuliani with leading the effort in November. But when Mr. Giuliani’s associate, Maria Ryan, sent an email to Trump campaign officials seeking $20,000 a day for his work, Mr. Trump balked, The New York Times has reported.Mr. Trump later told his advisers he did not want Mr. Giuliani to receive any payment, according to people close to the former president with direct knowledge of the discussions. Before Mr. Trump left the White House in January, he agreed to reimburse Mr. Giuliani for more than $200,000 in expenses but not to pay a fee.Some of Mr. Giuliani’s supporters have blamed Mr. Trump’s aides — and not the former president — for the standoff. However, people close to Mr. Trump said he has stridently refused to pay Mr. Giuliani.Federal investigators seized cellphones and computers from Mr. Giuliani’s Manhattan home and office on April 28. Jeenah Moon for The New York TimesMr. Giuliani’s advisers were also disappointed that he did not receive a federal pardon from Mr. Trump, despite facing the long-running federal investigation into his Ukrainian dealings, a person close to Mr. Giuliani said. After months of speculation that Mr. Trump might issue Mr. Giuliani a pre-emptive pardon, Mr. Giuliani said on his radio show in January that he did not need a pardon, because “I don’t commit crimes.”The efforts to overturn the election culminated in a rally of Mr. Trump’s supporters near the White House on Jan. 6. After marching to the Capitol, where the Electoral College results were being certified, hundreds of those supporters stormed the building, resulting in deaths and scores of injuries to Capitol Police officers and others. The events led to Mr. Trump’s second impeachment trial, and Mr. Trump told Mr. Giuliani in a private meeting that he could not represent him in the proceedings, people briefed on the meeting said.Asked about Mr. Kerik’s tweet during an interview with ABC News, Mr. Giuliani’s son, Andrew, said that his father’s fees should be covered by Trump’s campaign coffers.“I do think he should be indemnified,” the younger Mr. Giuliani said. “I think all those Americans that donated after Nov. 3, they were donating for the legal defense fund. My father ran the legal team at that point. So I think it’s very easy to make a very strong case for the fact that he and all the lawyers that worked on there should be indemnified.”He added, “I would find it highly irregular if the president’s lead counsel did not get indemnified.”A person close to Mr. Giuliani, who was granted anonymity because this person was not authorized to discuss the matter publicly, made a related argument, saying the Trump campaign should be careful to ensure money in the war chest was spent in connection with the election effort because it was solicited from the public for that purpose.Although there are many differences between the two situations, for some of Mr. Trump’s advisers, the standoff with Mr. Giuliani has raised uncomfortable echoes of a similar dispute with another of Mr. Trump’s former personal lawyers, Michael D. Cohen.In 2019, Mr. Cohen said the Trump Organization, Mr. Trump’s family business, breached an agreement with him to cover his legal costs. In a lawsuit, Mr. Cohen said the company initially paid some of the bills after the F.B.I. searched his apartment and office in April 2018. But, he said in the lawsuit, company officials stopped the payments when they discovered around June 2018 that he was preparing to cooperate with federal investigators.Mr. Cohen pleaded guilty later that year to charges related to tax evasion, as well as a campaign finance charge related to his 2016 hush-money payment to a pornographic film star who had claimed to have had an affair with Mr. Trump. Mr. Cohen ended up testifying about Mr. Trump in Congress, and provided assistance to the investigation led by the special counsel Robert S. Mueller III into possible conspiracy between the Trump campaign and Russian officials.After the F.B.I. searched Mr. Cohen’s home and office, he filed a civil action against the U.S. attorney in Manhattan, which Mr. Trump joined to prevent federal officials from gaining access to material that could be protected by attorney-client privilege between Mr. Trump and Mr. Cohen.Mr. Giuliani’s lawyers are considering filing a similar action in his case, according to one of the people close to the former mayor. One lawyer advising Mr. Giuliani, Alan Dershowitz, told CNN that it would be appropriate for Mr. Trump to join such an effort. Mr. Dershowitz confirmed the comment to The Times.A new court filing made public on Tuesday showed the U.S. attorney’s office in Manhattan asked a federal judge last week to appoint a special master to conduct a review of potentially privileged materials seized from Mr. Giuliani. The prosecutors, writing to Judge J. Paul Oetken, said the F.B.I. had begun to extract materials from cellphones and computers seized from Mr. Giuliani, but that a review of those materials had not yet begun, the redacted court filing showed.Mr. Giuliani recently added four new lawyers to his team: Arthur L. Aidala, a former Brooklyn prosecutor and former Fox News commentator; Barry Kamins, a retired New York Supreme Court justice and law professor; the retired New York Appellate Division Justice John Leventhal; and Michael T. Jaccarino, a former Brooklyn prosecutor.William K. Rashbaum, Jonah E. Bromwich and Benjamin Weiser contributed reporting. More

    • 125 Shares179 Views

      in Elections

      Lynne Patton Fined and Barred From Government Over RNC Video

      by

      Lynne Patton recruited and interviewed public housing tenants in New York City for a pro-Trump re-election video. The residents accused her of tricking them into participating.The video aired on the final night of the Republican National Convention in August, a two-minute clip featuring four New York City public housing tenants praising President Donald J. Trump’s record and bashing the city’s mayor.But within hours of the broadcast, three of the tenants said they were tricked into appearing in the video, did not support Mr. Trump and accused a top federal housing official, Lynne Patton, of orchestrating the production and misleading them about its intentions.While Ms. Patton had claimed the White House signed off on her involvement, a federal agency on Tuesday found that Ms. Patton had violated a federal law known as the Hatch Act that bars most federal employees from using their government position to engage in political activities.Ms. Patton admitted to the violation, the agency said, and agreed in a settlement to pay a $1,000 fine and not to serve in the federal government for at least four years. She left her job at the Department of Housing and Urban Development at the end of Mr. Trump’s term in January.“By using information and NYCHA connections available to her solely by virtue of her HUD position, Patton improperly harnessed the authority of her federal position to assist the Trump campaign,” the Office of Special Counsel, the agency that enforces the Hatch Act, said in a statement. NYCHA, or the New York City Housing Authority, oversees the public housing system.In her three years as the top regional administrator over federal housing in New York and New Jersey, Ms. Patton said she helped improve New York’s troubled public housing system. But Ms. Patton had also carved out a role as a Trump cheerleader who often mixed politics and governance.She was among a number of midlevel political appointees in the Trump administration who had little if any experience in their fields and who used their positions to promote the president and his views, often amplifying falsehoods and other misinformation. On Tuesday, Ms. Patton, who was a personal assistant to the Trump family before working for the federal government, said in an email that she did not regret having created the video.“Unfortunately, after consulting multiple Hatch Act lawyers post-employment, receiving incorrect and/or incomplete legal advice, even in good faith, from your own agency does not an affirmative defense make,” Ms. Patton wrote.In the email, Ms. Patton falsely claimed that the tenants had recanted their allegations against her and had acknowledged that they knew how the video would be used. She interviewed them over four hours in a New York City Housing Authority building last summer with a video crew.Claudia Perez, one of the four tenants who appeared in the video, on Tuesday reiterated her assertion that Ms. Patton had deceived the group into believing the interview would be used to highlight chronic problems at the housing authority. Ms. Perez, who said she voted for President Biden in the November election, said she would not have participated in a pro-Trump video.“She just wants attention, and I’m not going to give it to her,” Ms. Perez said in response to Ms. Patton’s remarks on Tuesday, adding that she deserved more severe punishment. “I don’t think it was stern enough.”After the video was broadcast, several federal watchdog groups, including the Campaign for Accountability, filed complaints with the Office of Special Counsel urging an investigation into Ms. Patton’s role in the production of the clip.In a statement, Michelle Kuppersmith, the executive director of the Campaign for Accountability, described Ms. Patton as a repeat offender of the Hatch Act. Ms. Kuppersmith said she was pleased that the special counsel had followed up on the complaint.“Laws like the Hatch Act exist for a reason and we hope this sends a message to other officials that violating the law has consequences,” she said.The video was not the first time that Ms. Patton was found to have run afoul of the Hatch Act. In 2019, the Office of Special Counsel determined that she violated the law when she displayed a Trump campaign hat in her New York office and for “liking” political tweets.While Ms. Patton worked for the federal government she also pursued a role in a proposed reality TV show featuring two other prominent Trump supporters, Candace Owens and Katrina Pierson. Ms. Patton claimed that a production company had wanted her to appear on a reality show for several years.To avoid a possible Hatch Act violation, she offered to temporarily resign or take an unpaid absence from HUD so she could film the series, according to records obtained by the American Oversight, a liberal watchdog group. The show, which she told HUD could include scenes from Trump campaign events, never materialized.At the time of the convention video, Ms. Patton was the HUD administrator for the New York region and had some oversight of the city’s public housing agency. She entered the orbit of the Trump family around 2009 after meeting Michael Cohen, the former lawyer for Mr. Trump, who connected her with Eric Trump, one of the former president’s sons. Ms. Patton first joined HUD as an assistant under Ben Carson, then the department secretary, and then relocated to its regional office in Lower Manhattan. Ms. Patton said she had produced tangible results, including spurring the city’s housing authority, long plagued by mismanagement and substandard conditions, to hire companies to help clean its 326 developments.In the final months of the 2020 presidential campaign, Ms. Patton echoed some of Mr. Trump’s most outlandish falsehoods about the election and his opponent, Mr. Biden.In a Facebook post last July, Ms. Patton suggested that she had no interest in helping tackle the homelessness crisis in New York because its leaders opposed Mr. Trump. “EVERY Democratic run city deserves EVERYTHING coming to it,” she wrote. More

    • 150 Shares119 Views

      in Elections

      Los impuestos de Donald Trump: los pasos que siguen en la investigación

      by

      #masthead-section-label, #masthead-bar-one { display: none }Los impuestos de Donald TrumpLos donativos del presidenteNuestra investigaciónEl pantano reinventado de TrumpHallazgos claveUna nota del editor ejecutivoAdvertisementContinue reading the main storySupported byContinue reading the main storyNueva YorkLos impuestos de Donald Trump: los pasos que siguen en la investigaciónUna sentencia de la Corte Suprema ha allanado el camino para que los fiscales comiencen a escudriñar los registros financieros de Trump.En 2019 el expresidente Donald Trump demandó por primera vez para bloquear una citación que buscaba acceder a sus impuestos personales y corporativos.Credit…Pete Marovich para The New York TimesWilliam K. Rashbaum, Ben Protess y 23 de febrero de 2021 a las 16:34 ETRead in EnglishTerabytes de datos. Docenas de fiscales, investigadores y contadores forenses escudriñando millones de páginas de documentos financieros. Una empresa consultora externa inmersa en los secretos de los bienes inmuebles comerciales y las estrategias fiscales.Esa es la monumental tarea que se avecina en la investigación penal del fiscal del distrito de Manhattan sobre el expresidente Donald Trump y su empresa familiar, después de que el lunes una orden de la Corte Suprema de Estados Unidos despejó el camino para que los fiscales obtengan ocho años de declaraciones de impuestos y otros registros financieros de Trump.La breve orden, sin firma, fue una rotunda victoria para los fiscales y una derrota para Trump, que culmina su amarga y prolongada batalla legal para bloquear la entrega de los registros —un esfuerzo que llegó dos veces a la Corte Suprema— e impulsa los esfuerzos de los fiscales después de que la demanda los estancó durante más de un año.La investigación es una de las dos indagaciones penales conocidas sobre Trump, la otra proviene de los fiscales de Georgia que examinan el esfuerzo de Trump para persuadir a los funcionarios locales revertir los resultados de las elecciones allí. Cuando Trump dejó su cargo, perdió la protección contra las acusaciones que le otorgaba la presidencia.El fiscal del distrito, Cyrus R. Vance Jr, emitió un escueto comunicado, que decía: “El trabajo continúa”. Un portavoz de su oficina declinó hacer más comentarios sobre la investigación.La siguiente fase, crucial en la investigación de Manhattan, comenzará en serio esta semana cuando los investigadores de la oficina del fiscal del distrito recojan los registros del bufete de abogados que representa a los contadores de Trump, Mazars USA, según personas con conocimiento del asunto, así como exfiscales y otros expertos que describieron los próximos pasos bajo la condición de anonimato.Los investigadores irán a la oficina del bufete de abogados en el condado neoyorquino de Westchester con una copia de la citación del gran jurado de agosto de 2019 que fue el centro de la demanda. Saldrán de ahí con un vasto tesoro de copias digitales de las declaraciones, resmas de estados financieros y otros registros y comunicaciones relacionados con los impuestos de Trump y los de sus empresas.Luego, los investigadores entregarán la masa de datos a la oficina de Vance, donde el equipo de fiscales, contadores forenses y analistas ha estado investigando a Trump y sus empresas por una amplia gama de posibles delitos financieros. Vance, un demócrata, ha estado examinando si Trump, su empresa y sus empleados cometieron fraudes de seguros, fiscales y bancarios, entre otros delitos, han dicho personas con conocimiento del asunto.Incluso antes de la sentencia de la Corte Suprema, la investigación se había calentado, al emitir la oficina de Vance más de una docena de citaciones en los últimos meses y entrevistar a testigos, incluidos los empleados del Deutsche Bank, uno de los principales prestamistas de Trump.Las citaciones son respecto a un aspecto central de la investigación de Vance, que se centra en si la empresa de Trump, la Organización Trump, infló el valor de algunas de sus propiedades emblemáticas para obtener los mejores préstamos posibles, al tiempo que rebajaba los valores para reducir los impuestos sobre la propiedad, han dicho personas con conocimiento del asunto. Los fiscales también están examinando las declaraciones de la Organización Trump a las compañías de seguros sobre el valor de varios activos.Ahora, armados con los registros de Mazars —que incluyen las declaraciones de impuestos, los registros comerciales en los que se basan y las comunicaciones entre la Organización Trump y sus contadores— los fiscales podrán ver una imagen más completa de las posibles discrepancias entre lo que la compañía dijo a sus prestamistas y a las autoridades fiscales.Los fiscales también han requerido a la Organización Trump los registros relacionados con la cancelación de impuestos sobre millones de dólares en honorarios de consultoría, algunos de los cuales parecen haber ido a la hija mayor del presidente, Ivanka Trump, un acuerdo reportado primero por The New York Times. La empresa entregó algunos de esos registros el mes pasado, dijeron dos personas con conocimiento del asunto, aunque los fiscales han cuestionado si la compañía ha respondido completamente al requerimiento.No está claro si los fiscales presentarán finalmente cargos contra Trump, la empresa o cualquiera de sus ejecutivos, incluidos los dos hijos adultos de Trump, Donald Trump Jr. y Eric Trump.En un extenso e indignado comunicado, que incluía una reiteración de muchas de sus conocidas quejas, Trump arremetió contra la Corte Suprema y la investigación, a la que caracterizó como “una continuación de la mayor cacería de brujas política de la historia de nuestro país”.Añadió: “Durante más de dos años, la ciudad de Nueva York ha estado investigando casi todas las transacciones que he realizado, incluyendo la búsqueda de declaraciones de impuestos que fueron realizadas por uno de los mayores y más prestigiosos bufetes de abogados y contadores de Estados Unidos”.Es probable que los abogados de Trump argumenten a los fiscales que Trump no pudo haber engañado al Deutsche Bank porque el banco, un sofisticado actor financiero, realizó su propio análisis de las propiedades de Trump. Cyrus R. Vance Jr, el fiscal del distrito de Manhattan, ha estado investigando a Trump y sus empresas por una amplia gama de posibles delitos financieros.Credit…Eduardo Munoz/ReutersMazars dijo en un comunicado que estaba al tanto de la nueva sentencia. “Como hemos mantenido a lo largo de este proceso, Mazars sigue comprometida con el cumplimiento de todas nuestras obligaciones profesionales y legales”, dice el comunicado.El mayor desafío para los fiscales de Vance será armar el rompecabezas de los registros fiscales, los estados financieros y los documentos de apoyo que las empresas de Trump proporcionaron a los contadores.A principios de este mes, Vance reclutó a Mark F. Pomerantz, una figura prominente en los círculos legales de Nueva York, para ayudar con la investigación. Pomerantz, un exfiscal federal de alto nivel con experiencia relevantee tanto en la investigación como en la defensa de casos complejos de cuello blanco y crimen organizado, se encargará de las interacciones con los testigos clave, entre otras tareas.Para obtener ayuda adicional, la oficina de Vance ha contratado a FTI, una gran empresa de consultoría que puede analizar algunos de los sectores en los que operan las empresas de Trump, incluido el inmobiliario comercial, así como cuestiones fiscales, dijeron personas con conocimiento del asunto.La firma también cargará la vasta cantidad de registros en un sistema de análisis de datos y gestión de documentos que puede utilizar para explorarlos en busca de patrones y apoyar así la investigación, dijeron las personas.La medida de los jueces de la Corte Suprema, que sin disentir negaron a Trump una suspensión de emergencia para que la corte pudiera revisar completamente las cuestiones del caso por segunda vez, no pondrá las declaraciones de impuestos de Trump en manos del Congreso ni las hará automáticamente públicas. Las leyes de confidencialidad del gran jurado mantendrán los registros en privado a menos que la oficina de Vance presente cargos e introduzca los documentos como prueba en un juicio.El público ya se ha enterado de muchas cosas sobre los impuestos de Trump a través de otros medios.The New York Times obtuvo datos de declaraciones de impuestos de más de dos décadas de Trump y los cientos de empresas que conforman su organización empresarial, e incluyen información detallada de sus dos primeros años en el cargo.El Times publicó el año pasado una serie de artículos de investigación basados en un análisis de los datos que mostraban que Trump no pagó prácticamente ningún impuesto sobre la renta durante muchos años y que actualmente se le realiza una auditoría en la que un fallo adverso podría costarle más de 100 millones de dólares. Él y sus empresas presentan declaraciones de impuestos por separado y emplean estrategias fiscales complicadas y a veces agresivas, según la investigación.Pero la acción de la Corte Suprema puso en marcha una serie de acontecimientos que podrían conducir a la extraordinaria posibilidad de un juicio penal para el expresidente. Como mínimo, el fallo arrebata a Trump el control de sus registros financieros más cercanos y el poder de decidir cuándo, si es que alguna vez, se pondrán a disposición de la inspección pública.Trump y sus abogados han luchado durante mucho tiempo para mantener los registros en secreto. Después de prometer durante la campaña de 2016 que publicaría sus declaraciones de impuestos, como han hecho todos los candidatos presidenciales durante al menos 40 años, se negó a hacerlo, lo que proporcionó una línea persistente de crítica para los demócratas y otros adversarios.Además de luchar contra el requerimiento de la oficina de Vance en los tribunales, Trump interpuso una demanda para bloquear el pedido del Congreso y desafió con éxito una ley de California que requiere que los candidatos a las primarias presidenciales publiquen sus declaraciones.El fallo de la Corte Suprema se produce casi 18 meses después de que Trump demandó por primera vez a Vance, en un intento de bloquear el requerimiento de su oficina y estimulando una batalla legal que llegó a la Corte Suprema por primera vez el verano pasado. En una decisión histórica en julio, la corte rechazó el argumento de Trump de que, como presidente en ejercicio, era inmune a la investigación. El caso fue litigado por el consejero general de Vance, Carey Dunne, quien ayuda a dirigir la investigación.Pero la corte dijo que Trump podía impugnar por otros motivos, como relevancia y alcance. Trump inició entonces una nueva batalla legal, argumentando que el requerimiento era demasiado amplio y equivalía a acoso político. Tras perder con ese argumento en los tribunales inferiores, Trump pidió a la Corte Suprema que aplazara la ejecución de la citación de Vance hasta que pudiera decidir si atendía la apelación de Trump.Fue esa solicitud la que la Corte Suprema negó, terminando efectivamente la cruzada legal del expresidente, dijeron los expertos legales.“A Trump no se le dará deferencia como expresidente”, dijo Anne Milgram, una exasistente del fiscal de distrito en Manhattan que luego sirvió como fiscala general de Nueva Jersey. “Bajo los ojos de las leyes del estado de Nueva York, él tiene los mismos derechos que otros en el estado. Ni más ni menos”.Reed Brodsky, un veterano abogado defensor de cuello blanco y exfiscal federal, dijo que los abogados de Trump probablemente le dirán que los nuevos intentos de bloquear la citación podrían socavar su capacidad de argumentar los méritos de su defensa.“Corren el riesgo, si siguen presentando argumentos que son frívolos, de socavar su credibilidad”, dijo Brodsky.Jonah E. Bromwich More

    • 125 Shares99 Views

      in Elections

      With Trump’s Records, Manhattan D.A. Has His Work Cut Out

      by

      #masthead-section-label, #masthead-bar-one { display: none }Trump’s TaxesWhat’s NextOur InvestigationA 2016 WindfallProfiting From FameTimeline18 Key FindingsAdvertisementContinue reading the main storySupported byContinue reading the main storyNew York TodayWith Trump’s Records, Manhattan D.A. Has His Work Cut OutFeb. 23, 2021Updated 9:28 a.m. ET [Want to get New York Today by email? Here’s the sign-up.]It’s Tuesday. [embedded content]Weather: Rain, mixed with a little snow, around midday. Clearing later, but wind gusts continue. High in the mid-40s. Alternate-side parking: In effect until Friday (Purim). Credit…Pete Marovich for The New York TimesAfter more than a year of legal wrangling, it’s official: the Manhattan district attorney’s office will be allowed to access years of former President Donald J. Trump’s tax returns and other financial records.The Supreme Court issued the decision on Monday, dealing a defeat to Mr. Trump’s extraordinary struggle to keep the records private.In a statement, Mr. Trump decried the court’s decision and the investigation, which he called “a continuation of the greatest political Witch Hunt in the history of our Country.”Now the district attorney’s office faces the herculean task of combing through terabytes of data for evidence of possible crimes by Mr. Trump’s real estate company, the Trump Organization.[Here’s what’s next in the Trump tax investigation.]Here’s what you need to know.What this meansCyrus R. Vance Jr., Manhattan’s district attorney, has been leading a wide-ranging criminal investigation into Mr. Trump’s business for more than two years.That investigation was long stymied by legal objections from Mr. Trump that twice reached the Supreme Court.Now the trove of records that will be obtained from Mr. Trump’s accountants, Mazars USA, will give prosecutors a more comprehensive look at the inner financial workings of Mr. Trump’s business and allow them to determine whether to charge the former president with any crimes.The contextDuring his 2016 presidential run, Mr. Trump said that he would release his tax returns, as every presidential candidate has done for at least 40 years, but instead he has battled to keep them under wraps.He was not entirely successful. A New York Times investigation, which reviewed more than two decades of the former president’s tax returns, revealed that Mr. Trump had paid little income tax for years and pointed out potential financial improprieties, some of which may figure in Mr. Vance’s investigation.What comes nextProsecutors, investigators, forensic accountants and an outside consulting firm will begin to dig through reams of financial records to develop a clear picture of Mr. Trump’s business dealings.After the Supreme Court released its order, Mr. Vance issued a terse statement: “The work continues.”But Mr. Vance might not see the end of that work while in office. He has given no indication that he intends to run for re-election this year, and the investigation could fall to his successor.None of the eight current candidates for the office were particularly eager to discuss that possibility during a virtual debate last month.From The TimesUprising Grows Over Cuomo’s Bullying and ‘Brutalist Political Theater’Marijuana Is Legal in New Jersey, but Sales Are Months AwayGender-Reveal Device Explodes, Killing Man in Upstate New YorkThis 105-Year-Old Beat Covid. She Credits Gin-Soaked Raisins.Tom Konchalski, Dogged Basketball Scout, Dies at 74Want more news? Check out our full coverage.The Mini Crossword: Here is today’s puzzle.What we’re readingA Brooklyn man was arrested after being accused of stealing nearly $200,000 worth of merchandise from a Chanel store in SoHo, then bragging online about it. [Gothamist]New York City residents have clashed with restaurant owners about their increasingly elaborate outdoor dining setups. [Eater]After going out of business last year, the discount department store chain and city fixture Century 21 plans to reopen this year. [NY1]And finally: ‘Charging Bull’ artist, remembered Arturo Di Modica sneaked his 3.5-ton bronze sculpture “Charging Bull” into position across from the New York Stock Exchange under cover of night in 1989.Mr. Di Modica did not have permission from the city to install the sculpture. When he arrived with the statue at Broad Street at around 1 a.m. on Dec. 15, he and his friends found that the stock exchange had installed a massive Christmas tree where he hoped to place the bull.“Drop the bull under the tree,” he shouted. “It’s my gift.”To Mr. Di Modica, a Sicilian artist whose death last week was covered by my colleague Clay Risen, the statue was a paean to optimism in the face of stock market crashes in the late 1980s. Despite its surreptitious installation, Mr. Di Modica’s gift has endured.The bull, which city officials moved to Bowling Green, has become a reliable tourist draw and a sculptural representation of Wall Street. It has also been targeted by vandals, including one who in 2019 gashed the bull’s horn by smashing it with a metal banjo.Another art installation, “Fearless Girl” by Kristen Visbal, irked Mr. Di Modica when it was placed directly in front of “Charging Bull” in 2017.The bronze girl, who defiantly stared down “Charging Bull,” was “there attacking the bull,” said Mr. Di Modica, who felt Ms. Visbal had changed the original meaning of his work.“Fearless Girl” drew plaudits from celebrities and Mayor Bill de Blasio, among others, and in 2018 was moved in front of the exchange, near the place were Mr. Di Modica originally placed the bull.The mayor also wanted to move “Charging Bull” near the exchange, but his efforts failed, and the statue is still at Bowling Green.At the time of his death, Mr. Di Modica was working on another monumental sculpture: a 132-foot depiction of rearing horses that would one day bracket a river near his home in Vittoria, Italy.“I must finish this thing,” Mr. Di Modica said. “I will die working.”It’s Tuesday — grab the bull by the horns.Metropolitan Diary: Running late Dear Diary:It was a Monday morning in 1985, and I was running late for work. I barely had time to put on makeup and brush my hair before dashing out the door of my Cobble Hill apartment.When I got to the sidewalk, I hit my stride. With a Walkman wedged in my pocket and music filling my ears, I loped down the six blocks to the subway, bopping along happily to Madonna’s “Material Girl.”I still had my headphones in when I got on the train. I quickly sensed a ripple of mirth around me. Somebody said something, and people started to laugh. I paid it no mind and kept my head low, glued to my music.When the doors opened at the next stop, a woman in a crisp business suit brushed past me as I stood near the door. She motioned for me to turn off my Walkman.“You have your curlers on,” she said.— Reni RoxasNew York Today is published weekdays around 6 a.m. Sign up here to get it by email. You can also find it at nytoday.com.What would you like to see more (or less) of? Email us: nytoday@nytimes.com.AdvertisementContinue reading the main story More

    • 125 Shares169 Views

      in Elections

      Trump Taxes: Here's What's Next in the Manhattan D.A.'s Investigation

      by

      #masthead-section-label, #masthead-bar-one { display: none }Trump’s TaxesWhat’s NextOur InvestigationA 2016 WindfallProfiting From FameTimeline18 Key FindingsAdvertisementContinue reading the main storySupported byContinue reading the main storyHere’s What’s Next in the Trump Taxes InvestigationA Supreme Court ruling has paved the way for prosecutors to begin combing through Mr. Trump’s financial records.Former President Donald J. Trump first sued to block a subpoena seeking his personal and corporate taxes in 2019.Credit…Pete Marovich for The New York TimesWilliam K. Rashbaum, Ben Protess and Feb. 22, 2021Updated 2:35 p.m. ETTerabytes of data. Dozens of prosecutors, investigators and forensic accountants sifting through millions of pages of financial documents. An outside consulting firm drilling down on the arcana of commercial real estate and tax strategies.That is the monumental task that lies ahead in the Manhattan district attorney’s criminal investigation into former President Donald J. Trump and his family business after a United States Supreme Court order on Monday cleared the way for prosecutors to obtain eight years worth of Mr. Trump’s tax returns and other financial records.The brief, unsigned order was a resounding victory for the prosecutors and defeat for Mr. Trump, capping his bitter and protracted legal battle to block the release of the records — an effort that twice reached the Supreme Court — and delivering a jolt to the prosecutors’ efforts after the lawsuit stalled them for more than a year.The investigation is one of two known criminal inquiries into Mr. Trump, the other coming from prosecutors in Georgia scrutinizing Mr. Trump’s effort to persuade local officials to undo the election results there. When Mr. Trump left office, he lost the protection against indictment that the presidency afforded him.The district attorney, Cyrus R. Vance Jr., issued a terse statement, saying: “The work continues.” A spokesman for his office declined to comment further on the investigation.The crucial next phase in the Manhattan inquiry will begin in earnest this week when investigators for the district attorney’s office collect the records from the law firm that represents Mr. Trump’s accountants, Mazars USA, according to people with knowledge of the matter, as well as former prosecutors and other experts who described the next steps on the condition of anonymity.The investigators, carrying a copy of the August 2019 grand jury subpoena that was at the heart of the lawsuit, will go to the law firm’s office in New York’s Westchester County. They will leave with a vast trove of digital copies of the returns, reams of financial statements and other records and communications relating to Mr. Trump’s taxes and those of his businesses.Then, the investigators will deliver the mass of data to the office of Mr. Vance, where the team of prosecutors, forensic accountants and analysts have been investigating Mr. Trump and his companies for a wide range of possible financial crimes. Mr. Vance, a Democrat, has been examining whether Mr. Trump, his company and its employees committed insurance, tax and banking fraud, among other crimes, people with knowledge of the matter have said.Even before the Supreme Court ruling, the investigation had heated up, with Mr. Vance’s office issuing more than a dozen subpoenas in recent months and interviewing witnesses, including employees of Deutsche Bank, one of Mr. Trump’s top lenders.The subpoenas relate to a central aspect of Mr. Vance’s inquiry, which focuses on whether Mr. Trump’s company, the Trump Organization, inflated the value of some of his signature properties to obtain the best possible loans, while lowballing the values to reduce property taxes, people with knowledge of the matter have said. The prosecutors are also examining the Trump Organization’s statements to insurance companies about the value of various assets.Now armed with the records from Mazars — including the tax returns, the business records on which they are based and communications between the Trump Organization and its accountants — prosecutors will be able to see a fuller picture of potential discrepancies between what the company told its lenders and tax authorities.The prosecutors have also subpoenaed the Trump Organization for records related to tax write-offs on millions of dollars in consulting fees, some of which appear to have gone to the president’s elder daughter, Ivanka Trump, an arrangement first reported by The New York Times. The company turned over some of those records last month, two people with knowledge of the matter said, though the prosecutors have questioned whether the company has fully responded to the subpoena.It remains unclear whether the prosecutors will ultimately file charges against Mr. Trump, the company, or any of its executives, including Mr. Trump’s two adult sons, Donald Trump Jr. and Eric Trump.In a lengthy and angry statement that included a reiteration of many of his familiar grievances, Mr. Trump lashed out at the Supreme Court and the investigation, which he characterized as “a continuation of the greatest political Witch Hunt in the history of our Country.” He added: “For more than two years, New York City has been looking at almost every transaction I’ve ever done, including seeking tax returns which were done by among the biggest and most prestigious law and accounting firms in the U.S.”Mr. Trump’s lawyers are likely to argue to prosecutors that Mr. Trump could not have duped Deutsche Bank because the bank, a sophisticated financial player, conducted its own analysis of Mr. Trump’s properties.Cyrus R. Vance Jr., the Manhattan district attorney, has been investigating Mr. Trump and his companies for a wide range of possible financial crimes.Credit…Eduardo Munoz/ReutersMazars said in a statement that it was aware of the new ruling. “As we have maintained throughout this process, Mazars remains committed to fulfilling all of our professional and legal obligations,” the statement said.The biggest challenge for Mr. Vance’s prosecutors will be to piece together the jigsaw puzzle of tax records, financial statements and the supporting documents Mr. Trump’s companies provided to the accountants. Early this month, Mr. Vance enlisted a prominent figure in New York legal circles, Mark F. Pomerantz, to help with the investigation. Mr. Pomerantz, a former senior federal prosecutor with significant experience both investigating and defending complex white-collar and organized crime cases, will handle interactions with key witnesses, among other tasks.For additional help, Mr. Vance’s office has hired FTI, a large consulting company that can analyze some of the industries in which Mr. Trump’s companies operate, including commercial real estate, as well as tax issues, people with knowledge of the matter said.The firm will also load the trove of records into a data analysis and document management system that it can use to explore them and seek patterns in support of the investigation, the people said.The action by the Supreme Court justices, who without noted dissent denied Mr. Trump an emergency stay so the court could fully review issues in the case for a second time, will not put Mr. Trump’s tax returns in the hands of Congress or make them automatically public. Grand jury secrecy laws will keep the records private unless Mr. Vance’s office files charges and enters the documents into evidence at a trial.The public has already learned a great deal about Mr. Trump’s taxes through other means. The New York Times obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office.The Times published a series of investigative articles last year based on an analysis of the data showing that Mr. Trump paid virtually no income tax for many years and that he is currently under an audit in which an adverse ruling could cost him more than $100 million. He and his companies file separate tax returns and employ complicated and sometimes aggressive tax strategies, the investigation found.But the Supreme Court’s action set in motion a series of events that could lead to the extraordinary possibility of a criminal trial for former president. At a minimum, the ruling wrests from Mr. Trump control of his most closely held financial records and the power to decide when, if ever, they would be made available for public inspection.Mr. Trump and his lawyers have long fought to keep the records secret. After promising during the 2016 campaign that he would release his tax returns, as every presidential candidate has done for at least 40 years, he refused to do so, providing a persistent line of criticism for Democrats and other adversaries.In addition to fighting the subpoena from Mr. Vance’s office in court, Mr. Trump sued to block the congressional subpoena and successfully challenged a California law requiring presidential primary candidates to release their returns.The Supreme Court’s ruling comes nearly 18 months after Mr. Trump first sued Mr. Vance, seeking to block the subpoena from his office and spurring a legal battle that reached the Supreme Court for the first time last summer. In a landmark decision in July, the court rejected Mr. Trump’s argument that as a sitting president, he was immune from investigation. The case was argued by Mr. Vance’s general counsel, Carey Dunne, who is helping lead the investigation.But the court said Mr. Trump could challenge the subpoena on other grounds, such as its relevance and scope. Mr. Trump then launched a new legal fight, arguing that the subpoena was overly broad and amounted to political harassment. After losing that argument in the lower courts, Mr. Trump asked the Supreme Court to delay enforcement of Mr. Vance’s subpoena until it could decide whether to hear Mr. Trump’s appeal.It was that request that the Supreme Court denied, effectively ending the former president’s legal quest, legal experts said.“Trump will not be given deference as a former president,” said Anne Milgram, a former assistant district attorney in Manhattan who later served as New Jersey’s attorney general. “Under the eyes of the laws of the state of New York, he has the same rights as others in the state. Neither more nor less.”Reed Brodsky, a longtime white-collar defense lawyer and former federal prosecutor, said that Mr. Trump’s lawyers will likely tell him that further attempts to block the subpoena could undermine their ability to argue the merits of his defense.“They’re at risk, if they continue to make arguments that are frivolous, of undercutting their credibility,” Mr. Brodsky said.Jonah E. Bromwich and Maggie Haberman contributed reporting. Kitty Bennett contributed research.AdvertisementContinue reading the main story More

    • 138 Shares129 Views

      in Elections

      Trump Financial Disclosure Reveals a Business Upended by the Coronavirus Pandemic

      by

      #masthead-section-label, #masthead-bar-one { display: none }Capitol Riot FalloutLatest UpdatesInside the SiegeVisual TimelineNotable ArrestsCapitol Police in CrisisAdvertisementContinue reading the main storySupported byContinue reading the main storyTrump Financial Disclosure Reveals a Business Upended by the PandemicRevenues for the Trump Organization fell nearly 38 percent in 2020 as the coronavirus took a steep toll on the hospitality industry. Mar-a-Lago was a bright spot.Trump National Doral, a golf club outside Miami, saw revenue drop by more than 40 percent.Credit…Scott McIntyre for The New York TimesBen Protess, Steve Eder and Jan. 20, 2021, 7:22 p.m. ETOver the past year, former President Donald J. Trump’s family business suffered steep declines in revenue as the pandemic upended the nation’s hospitality industry, according to a financial disclosure report released hours after Mr. Trump departed office on Wednesday.The report detailed a revenue drop of more than 40 percent at Mr. Trump’s Doral golf club outside Miami, and a 63 percent decline at his signature hotel in Washington, just blocks from the White House. All told, the Trump Organization declared revenue of at least $278 million in 2020 and the early days of this year, a nearly 38 percent decline from the company’s reported 2019 results.The disclosure, which represents the final public snapshot of Mr. Trump’s finances, documents the toll the pandemic has taken on his luxury hospitality business, which essentially ground to a halt last spring when the coronavirus started sweeping through the country. Trump hotels and golf courses shuttered, and even after reopening, some faced restrictions on indoor dining and gatherings.“There were places that due to government mandates we were not able to operate,” Eric Trump, the former president’s son who helps run the business, said in an interview on Wednesday. “Those are places you are going to lose the season because of it.”The Trump Organization, he said, remained stable and had steady cash flow and relatively low debt compared with other real estate businesses — though as Mr. Trump left office, the company had more than $300 million in debt coming due in the next few years that the former president has personally guaranteed.The disclosure portends greater tumult ahead for the business, which has faced widespread shunning of its brand after the deadly Jan. 6 assault on the Capitol. The violent rioting by Mr. Trump’s supporters led to his second impeachment and prompted many of the company’s corporate partners — in banking, insurance, golf and real estate — to abandon it. Morgan Lewis, the law firm that handles its taxes, became the latest to distance itself from the Trumps on Wednesday, by indicating that it would not take on new business with Mr. Trump or the company.The scenes of rioters storming and looting the Capitol in Mr. Trump’s name, some of them armed and dressed in animal skins, also undermined the image of stately luxury that the Trump Organization had created and is expected to cost the president’s five-star hotels bookings and group outings.Revenue at the Trump hotel near the White House decreased by 63 percent.Credit…Stefani Reynolds for The New York TimesThe biggest blow came when the P.G.A. of America announced it would strip Mr. Trump’s New Jersey golf club of a major tournament, setting off a wave of other ruptures, including a decision by New York City to cancel contracts with the Trump Organization for two ice rinks, the Central Park Carousel and the Trump Golf Links in the Bronx.Even before the pandemic and the riot, the Trump presidency had complicated business for the Trump brand.For much of his term, the company was stuck in neutral as the family name was removed from several properties and potential new deals never emerged. Mr. Trump’s polarizing politics also appeared to create a red-blue divide, leaving his hotels in Democratic bastions like New York and Chicago struggling, while his golf club in North Carolina boomed..css-1xzcza9{list-style-type:disc;padding-inline-start:1em;}.css-c7gg1r{font-family:nyt-franklin,helvetica,arial,sans-serif;font-weight:700;font-size:0.875rem;line-height:0.875rem;margin-bottom:15px;color:#121212 !important;}@media (min-width:740px){.css-c7gg1r{font-size:0.9375rem;line-height:0.9375rem;}}.css-rqynmc{font-family:nyt-franklin,helvetica,arial,sans-serif;font-size:0.9375rem;line-height:1.25rem;color:#333;margin-bottom:0.78125rem;}@media (min-width:740px){.css-rqynmc{font-size:1.0625rem;line-height:1.5rem;margin-bottom:0.9375rem;}}.css-rqynmc strong{font-weight:600;}.css-rqynmc em{font-style:italic;}.css-yoay6m{margin:0 auto 5px;font-family:nyt-franklin,helvetica,arial,sans-serif;font-weight:700;font-size:1.125rem;line-height:1.3125rem;color:#121212;}@media (min-width:740px){.css-yoay6m{font-size:1.25rem;line-height:1.4375rem;}}.css-1dg6kl4{margin-top:5px;margin-bottom:15px;}.css-16ed7iq{width:100%;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;padding:10px 0;background-color:white;}.css-pmm6ed{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;}.css-pmm6ed > :not(:first-child){margin-left:5px;}.css-5gimkt{font-family:nyt-franklin,helvetica,arial,sans-serif;font-size:0.8125rem;font-weight:700;-webkit-letter-spacing:0.03em;-moz-letter-spacing:0.03em;-ms-letter-spacing:0.03em;letter-spacing:0.03em;text-transform:uppercase;color:#333;}.css-5gimkt:after{content:’Collapse’;}.css-rdoyk0{-webkit-transition:all 0.5s ease;transition:all 0.5s ease;-webkit-transform:rotate(180deg);-ms-transform:rotate(180deg);transform:rotate(180deg);}.css-eb027h{max-height:5000px;-webkit-transition:max-height 0.5s ease;transition:max-height 0.5s ease;}.css-6mllg9{-webkit-transition:all 0.5s ease;transition:all 0.5s ease;position:relative;opacity:0;}.css-6mllg9:before{content:”;background-image:linear-gradient(180deg,transparent,#ffffff);background-image:-webkit-linear-gradient(270deg,rgba(255,255,255,0),#ffffff);height:80px;width:100%;position:absolute;bottom:0px;pointer-events:none;}#masthead-bar-one{display:none;}#masthead-bar-one{display:none;}.css-1cs27wo{background-color:white;border:1px solid #e2e2e2;width:calc(100% – 40px);max-width:600px;margin:1.5rem auto 1.9rem;padding:15px;}@media (min-width:740px){.css-1cs27wo{padding:20px;}}.css-1cs27wo:focus{outline:1px solid #e2e2e2;}.css-1cs27wo[data-truncated] .css-rdoyk0{-webkit-transform:rotate(0deg);-ms-transform:rotate(0deg);transform:rotate(0deg);}.css-1cs27wo[data-truncated] .css-eb027h{max-height:300px;overflow:hidden;-webkit-transition:none;transition:none;}.css-1cs27wo[data-truncated] .css-5gimkt:after{content:’See more’;}.css-1cs27wo[data-truncated] .css-6mllg9{opacity:1;}.css-k9atqk{margin:0 auto;overflow:hidden;}.css-k9atqk strong{font-weight:700;}.css-k9atqk em{font-style:italic;}.css-k9atqk a{color:#326891;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccd9e3;}.css-k9atqk a:visited{color:#333;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ddd;}.css-k9atqk a:hover{border-bottom:none;}Capitol Riot FalloutFrom Riot to ImpeachmentThe riot inside the U.S. Capitol on Wednesday, Jan. 6, followed a rally at which President Trump made an inflammatory speech to his supporters, questioning the results of the election. Here’s a look at what happened and the ongoing fallout:As this video shows, poor planning and a restive crowd encouraged by President Trump set the stage for the riot.A two hour period was crucial to turning the rally into the riot.Several Trump administration officials, including cabinet members Betsy DeVos and Elaine Chao, announced that they were stepping down as a result of the riot.Federal prosecutors have charged more than 70 people, including some who appeared in viral photos and videos of the riot. Officials expect to eventually charge hundreds of others.The House voted to impeach the president on charges of “inciting an insurrection” that led to the rampage by his supporters.One bright spot in 2020 was Mar-a-Lago, Mr. Trump’s private club in Florida and his intended new residence. Revenues at Mar-a-Lago rose from $21.4 million to $24.2 million, an increase of 13 percent. The company’s retail business also grew, more than doubling its revenues to nearly $2 million.The Trump golf business saw mixed results. While many of the courses had losses of 10 percent or more, revenues rose at clubs in West Palm Beach, Fla., and another near Charlotte, N.C., as golf became a popular outdoor escape from the dangers of Covid-19.But at Doral, Mr. Trump’s biggest revenue generator, revenues fell from $77.2 million in 2019 to $44.2 million, down nearly 43 percent.Trump Turnberry, a golf club in Scotland, had a significant downturn last year. Revenue fell from $25.7 million to $9.8 million, about 62 percent, as Scottish authorities closed it because of the virus.Some of the Trump Organization’s biggest declines came in its hotel business, as the virus halted travel and the company cut back on staff to stem its losses. The hotel in Washington, which the Trumps had considered selling before the pandemic, was particularly hard hit. The restaurant and the famed hotel lobby — long a gathering place for lobbyists, White House aides and other Trump supporters — have been closed for extended periods over the past year, and hotel occupancy is down significantly.Mr. Trump reported assets worth at least $1.3 billion, down slightly from 2019.He also reported receiving 10 gifts, including an Ultimate Fighting Championship belt, golf gear, a leather bomber jacket and a computer from Tim Cook, the chief executive of Apple, worth $5,999.Eric Lipton contributed reporting.AdvertisementContinue reading the main story More