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Manhattan DA convenes 2nd grand jury

The doorway to Trump Tower on fifth Avenue is pictured within the Manhattan borough of New York Metropolis, Might 19, 2021.

Shannon Stapleton | Reuters

CNBC Politics

Learn extra of CNBC’s politics protection:

The places of work of Manhattan DA Cyrus Vance Jr., who’s leaving workplace this winter, and of New York Lawyer Normal Letitia James for greater than a yr have been eyeing how the corporate valued such property, and whether or not it reported totally different values for a similar properties to decrease their tax burden and insurance coverage prices, and maximize the worth of loans in opposition to them.

James final week introduced her run for the Democratic nomination for governor within the 2022 election.

Vance’s spokesman Danny Frost declined to touch upon The Publish’s report.

A Trump Group spokeswoman didn’t instantly reply to requests for remark by CNBC.

That is breaking information. Test again for updates.

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