House Committee Requests President Trump's Financial Records

The House Oversight Committee is investigating claims made by the president's former attorney Michael Cohen.
Posted at 9:39 AM, Mar 28, 2019

The House Oversight Committee wants to see President Trump's financial records for the past 10 years. 

Committee Chairman Elijah Cummings sent a letter to the CEO of the accounting firm that prepared the president's financial statements.  

President Trump's former attorney Michael Cohen submitted some of the president's financial statements to the committee before testifying. In Cohen's testimony, he said the president altered financial statements prepared by the firm. Cohen said the president inflated his net worth to qualify for a loan to buy an NFL team and deflated it to reduce his taxes.

In Cummings' request to the accounting firm, he asks about several discrepancies in the documents. These include a "brand value" increase between 2012 and 2013, as well as omitted debts. 

President Trump is the first president in about three decades to not publicly release a full or partial tax return. The last president to do the same was Gerald Ford, but he provided a summary of his taxes for the years leading up to his presidency.

Cummings gave the accounting firm a deadline of April 3 to give documents to the committee. The firm hasn't given a clear response.