Advertisement

Trump’s inaugural committee subpoenaed in probe into its spending

Click to play video: 'Feds probing Trump inauguration spending: Wall Street Journal'
Feds probing Trump inauguration spending: Wall Street Journal
Dec. 13, 2018: Federal prosecutors are investigating whether U.S. President Donald Trump's inaugural committee misspent some of the funds it raised, the Wall Street Journal reported on Thursday, citing people familiar with the matter – Dec 13, 2018

President Donald Trump‘s inaugural committee said it had received a subpoena on Monday for documents from the Manhattan U.S. Attorney’s Office, which is investigating the group.

“We have just received a subpoena for documents. While we are still reviewing the subpoena, it is our intention to cooperate with the inquiry,” a spokesperson for the committee said in a statement.

WATCH: Jan. 20, 2017 — Trump Inauguration: Donald Trump officially takes power in Washington

Click to play video: 'Trump Inauguration: Donald Trump officially takes power in Washington'
Trump Inauguration: Donald Trump officially takes power in Washington

The subpoena requests documents related to the committee’s donors and spending, the Wall Street Journal and the New York Times reported.

Story continues below advertisement

In December, the Journal reported that federal prosecutors were investigating whether the inaugural committee misspent some of the record $107 million it had raised from donors.

Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

Get daily National news

Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

The investigation is examining whether some of the committee’s donors gave money in exchange for policy concessions, influencing administration positions or access to the incoming administration, the Journal reported.

READ MORE: Trump’s inauguration committee probed over misspent monies, foreign donations and more — reports

Prosecutors also showed interest in whether any foreigners illegally donated to the committee, the New York Times reported. Federal law prohibits foreign contributions to inaugural funds.

A spokesman for the U.S. Attorney’s Office in Manhattan declined to comment to Reuters.

The White House did not immediately respond to a request for comment.

WATCH: Jan. 20, 2017 — Donald Trump paints dark picture in inaugural speech

Click to play video: 'Donald Trump paints dark picture in inaugural speech'
Donald Trump paints dark picture in inaugural speech

Although campaign finance laws restrict the size of campaign contributions, inaugurations can accept unlimited donations, including from corporations.

Story continues below advertisement

The amount raised by Trump’s inaugural committee, chaired by real estate developer and investor Thomas Barrack, was the largest in history, according to Federal Election Commission filings.

Sponsored content

AdChoices