The Country Is On the Cusp of a New Era
Updated at 5:52 p.m. ET on May 19, 2021.
Yesterday evening, New York State’s attorney general, Letitia James, announced, “We have informed the Trump Organization that … We are now actively investigating the Trump Organization in a criminal capacity.” According to The New York Times, James will be sending two of her office’s prosecutors to join the team of Cyrus Vance Jr., the Manhattan DA. With this news, Donald Trump, those around him, and the country as a whole inch closer to the prospect that a former president could face criminal charges, and possibly even prison time. The country has not been through anything like this before.
The ongoing investigation is sweeping. James, a 213-acre estate in Westchester County, which it used to claim a $21.1 million tax deduction for a conservation easement on the property in 2015. James is also looking into a $160 million loan on a property at 40 Wall Street in Manhattan, which Trump personally guaranteed for $20 million, as well as “large portions of debt owed by the Trump Organization” relating to the Trump International Hotel and Tower, in Chicago, that were claimed as taxable income, and the valuation of Trump National Golf Club, in Los Angeles.
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