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☆ Iowans weigh Trump’s legal woes as they decide who to back in caucuses
▼ + stars: | 2024-01-13 | by ( Arit John | ) edition.cnn.com time to read: +7 min

Ames, Iowa CNN —Teresa Garman has attended decades worth of Iowa caucuses, but views Monday’s meeting as the most consequential. In interviews, Iowans expressed an array of opinions on Trump’s legal problems, from anger over what they say they believe is a “witch hunt,” echoing the former president’s criticism, to a desire to move on and focus on issues plaguing the country. Among those who were not considering the former president, 57% said Trump was controversial and 48% said they were concerned about his legal issues. “If Trump is the nominee, it’s going to be about January 6, legal issues, criminal trials,” DeSantis said during a CNN debate Wednesday. “I think that Vivek is, in a roundabout way, even better for Trump than Trump being in there,” Sherman said.

Persons: Iowa CNN — Teresa Garman, Ron DeSantis –, he’ll, Donald Trump, “, Trump, ”, ” Trump, –, Iowans, Nikki Haley, DeSantis, Vivek Ramaswamy, Haley, Ramaswamy, Donald Trump Jr, Joe Biden, ” Marian Webster, she’s, Biden, – Webster, it’s, ” DeSantis, Sandy Wigdahl, It’s, ” Dan Boyle, caucusing, Boyle, “ He’s, He’s, ” Boyle, I’ll, Trump’s, Pat Goodman, Goodman, ” Goodman, ” Ramaswamy, Loren Sherman, Vivek ”, Sherman, Vivek, ” Sherman, “ Vivek, Ebony Davis, Kit Maher, Veronica Stracqualursi Organizations: Iowa CNN, Ames, Florida Gov, Iowa, Trump, ” Trump –, GOP, Hawkeye State, Former South Carolina Gov, CBS, Tower, CNN, UN, West Des Moines, Ramaswamy Locations: Ames, Iowa, Florida, Colorado, New York, Urbandale, Ankeny, Des Moines, Clive, West Des, Waukee

In preparing financial statements, also known as compilations, accountants need only documentation used to determine the value of assets, like Trump’s skyscrapers, golf courses and other properties. The firm cut ties with Trump last year and said his financial statements “should no longer be relied upon” after James raised concerns about their accuracy. James, a Democrat, alleges Trump, his company and top executives exaggerated his wealth by billions of dollars on the financial statements by inflating property values. On the stand Tuesday, Flemmons echoed Trump’s longstanding assertion that disclaimers on the financial statements insulated him from liability for discrepancies or misstatements. Trump has argued that, if anything, his financial statements undervalued how much his properties were worth.

Persons: — Donald Trump, Letitia James ’, Jason Flemmons, Donald Bender, Bender, he'd, —, “, Flemmons, James, Trump, Judge Arthur Engoron, “ It’s, ” Flemmons, Steven Witkoff, Trump’s, ” Engoron, Donald Trump Jr, Allen Weisselberg, ” Trump, Eric, Donald Trump, ”, Michael Organizations: USA, York, Trump Organization, U.S . Securities, Exchange Commission, Trump, Ankura Consulting, Mazars, Republican Locations: New York, Lago, Florida, Trump’s Doral , Florida, Michael Sisak, x.com

New York CNN —Donald Trump Jr. returned to the witness stand Monday to give his family’s side of the story in the New York attorney general’s civil fraud trial against Donald Trump. portfolioTrump lawyer Cliff Robert spent most of the day asking Trump Jr. to walk through nearly the entire portfolio of the Trump Org. Faherty also asked Trump Jr. about Trump International Hotel Waikiki ditching the Trump name and rebranding. “Welcome back, I feel like I’m at a reunion here, the Trump trial reunion,” Engoron said as she was sworn in. In addition to Trump Jr., Trump attorneys have said they are likely to call back Eric Trump and the former president, both of whom also previously testified.

Persons: Donald Trump Jr, Donald Trump, ’, Arthur Engoron, gushed, ”, Engoron, Trump, Cliff Robert, Trump Jr, CNN “ He’s, ” Trump, Robert, Jack Nicklaus, general’s, Lago, Colleen Faherty, Faherty, Kevin Wallace, Chris, Kise, “ Engoron, “, he’s, ” Kise, “ You’re, Sherri Dillon, ” Engoron, Eric Trump Organizations: New, New York CNN, Trump Jr, Trump Organization, Trump Org, Trump, CNN, Trump International Golf Club, “, Trump National Doral Golf, Trump National Los, Trump International Locations: New York, Westchester , New York, West Palm Beach , Florida, Florida, Bronx, Angeles, Trump National Los Angeles, Doral, Engoron

He said he never worked on the annual financial statements at the heart of New York Attorney General Letitia James’ lawsuit. James alleges Donald Trump, his company and executives including Eric and Donald Jr. exaggerated his wealth by billions of dollars on financial statements given to banks, insurers and others. On Monday, Trump Jr. will be questioned first by the defense lawyers representing him, his father and other defendants. When he became president in 2017, Donald Trump handed day-to-day management of his company to Eric and Donald Trump Jr. and named Trump Jr. as a trustee of a trust he established to hold his assets while in office. “I had an obligation to listen to the people with intimate knowledge of those things,” Trump Jr. testified.

Persons: —, Donald Trump’s, Donald Trump Jr, who’ll, quizzed, Eric, Ivanka Trump, Letitia James ’, James, Donald Trump, Donald Jr, Judge Arthur Engoron, Michael Cohen, Engoron, Christopher Kise, ”, “, I’m, Trump, ’, ” Trump, Allen Weisselberg, Michael Organizations: Trump Organization, York, Trump, Democrat, New York, Trump Jr, ” Trump Jr Locations: New York, New, Michael Sisak, x.com

☆ Live updates: Donald Trump Jr. testifies in Trump civil fraud trial
▼ + stars: | 2023-11-01 | by ( Dan Berman | Shania Shelton | ) edition.cnn.com time to read: +1 min

Donald Trump Jr. in court on Wednesday in New York. Mike Segar/Pool/APThe New York attorney general’s office began the questioning of Donald Trump Jr. in the civil fraud trial by asking if he was familiar with accounting standards, such as the generally accepted accounting principles (GAAP). Trump Jr. responded that his knowledge of GAAP was limited to what he learned in “Accounting 101” during college in the 1990s. “I know nothing about GAAP — I leave it to my accountants,” Trump Jr. said. More context: Trump Jr., an executive vice president of the Trump Organization, is testifying as a defendant in the New York attorney general’s civil lawsuit against Trump, his sons and the Trump Organization.

Persons: Donald Trump Jr, Mike Segar, Trump, “, ” Trump, Eric Organizations: New, Trump Jr, Trump Organization, Trump Locations: New York

☆ What to know about Donald Trump Jr.’s expected fraud trial testimony
▼ + stars: | 2023-11-01 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +3 min

New York CNN —Donald Trump’s eldest son, Don Jr., is expected to begin testifying in the civil fraud trial against the family and their business on Wednesday. In a deposition taken last year, Trump Jr. distanced himself from the financial statements Judge Arthur Engoron has already ruled to be fraudulent in a summary judgment before the trial began. “I had no real involvement in the preparation of the Statement of Financial Condition and don’t really remember ever working on it with anyone,” Trump Jr. said. Donald Trump Jr. has worked in commercial leasing for the Trump Org., including the company’s 40 Wall Street property at issue in the lawsuit. Trump Jr. became a trustee of his father’s revocable trust when he took office and certified the statements of financial condition in 2017, 2018 and 2019.

Persons: New York CNN — Donald Trump’s, Don Jr, Donald Trump Jr, Trump, Eric, Arthur Engoron, “, ” Trump, ”, Eric Trump, Ivanka Trump, Letitia James Organizations: New, New York CNN, Trump Jr, “, Trump, Trump Org, New York Locations: New York, Seven, Briarcliff, New

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