Checks & Imbalances: New York AG ‘Identified Likely Omissions’ In Trump Organization’s Response To Subpoenas

Today we look at the latest news from Donald Trump’s ongoing trial in New York.

This Is The Evidence Forbes Has That Trump’s Former CFO Lied Under Oath

Donald Trump’s former chief financial officer, Allen Weisselberg, testified last week in a fraud case that the New York attorney general is waging against the former president and his associates, including Weisselberg, reports Dan Alexander. During that testimony, Weisselberg lied about Trump’s penthouse apartment at Trump Tower, saying “That was never a concern of mine. I never even thought about the apartment.”

Forbes published a story last week laying out the truth. “A review of old emails and notes, some of which the attorney general’s office does not possess, show that Weisselberg absolutely thought about Trump’s apartment—and played a key role in trying to convince Forbes over the course of several years that it was worth more than it really was,” the story said.

Weisselberg’s testimony abruptly stopped after the article came out. Citing the story, the attorney general’s office explained to a judge in a letter dated October 18th that it identified “likely omissions from production around inquiries from Forbes in 2016.” The attorney general’s office went on to suggest that a monitor should conduct a forensic examination of Trump Organization data to make sure that the real estate firm produced all required documents.

Forbes does not know whether the Trump Organization produced all of its documents. The evidence that Forbes has that Weisselberg lied, which the attorney general’s office certainly does not have, is a collection of notes taken by Forbes reporters who were in touch with the Trump Organization over the years while estimating the size of Trump’s fortune. It is those notes that show Weisselberg thought about his boss’ penthouse a lot—contrary to his testimony—and that he consistently pushed Forbes to overvalue it.

MORE FROM FORBESThis Is The Evidence Forbes Has That Trump’s Former CFO Lied Under Oath

Tracking Trump

How Trump Fooled Deutsche Bank

The New York attorney general is suing Donald Trump and his associates for allegedly lying about his net worth to financial institutions, something he also did for years when speaking with reporters. Why would someone so rich care so much about what people thought he was worth? “It was good for financing,” Trump said in a 2015 interview with Forbes.

But despite Trump’s bluster, it long remained unclear whether his lies actually were good for financing. After all, banks conduct due diligence on borrowers. But documents submitted into evidence during the trial last week show that Trump’s longtime go-to lender, Deutsche Bank, fell for many of his lies, giving the bank a distorted view of its most famous client, reports Dan Alexander.

MORE FROM FORBESHow Trump Fooled Deutsche Bank

Trump Told CFO He Wanted Net Worth To ‘Go Up’ On Financial Statements, Exec Testifies At Trial

Former President Donald Trump told his ex-CFO Allen Weisselberg he wanted his net worth to “go up” on financial statements, a Trump Organization executive testified in court Monday, reports Alison Durkee. New York Attorney General Letitia James is arguing that the ex-president and his company committed fraud by intentionally inflating the value of their assets.

MORE FROM FORBESTrump Told CFO He Wanted Net Worth To ‘Go Up’ On Financial Statements, Exec Testifies At Trial

Trump’s SPAC Now Says Its 2021 Financial Statements ‘Should No Longer Be Relied Upon’

The company planning to merge with Trump Media & Technology Group, owner of the Truth Social platform, has now walked away from two years of financial statements after informing the Securities and Exchange Commission on Monday that its audited financials for 2021 “should no longer be relied upon.”

In May, Digital World Acquisition Corp issued a similar notice to the SEC regarding its financial statements for the year ending Dec. 31, 2022.

MORE FROM FORBESTrump’s SPAC Now Says Its 2021 Financial Statements ‘Should No Longer Be Relied Upon’

By The Numbers


The amount the campaign of Rep. Ronny Jackson (R-Texas) spent at the Amarillo Club in July and August, according to filings made last week. In December 2021, the Office of Congressional Ethics found “substantial reason to believe” that Jackson violated the law by previously spending campaign funds at the club. The investigation moved on to the House Ethics Committee. In May 2022, that panel disclosed that it’s still investigating the matter. It has not provided another update.


The number of NDAs that were scrapped after a federal judge formalized a settlement agreement last week between Trump’s 2016 campaign and staffers.


The number of accounts the Biden campaign is following on Truth Social—just Donald Trump’s.

House Democratic Lawmaker Floats George W. Bush For Next Speaker Of The House

On “Forbes Newsroom,” Rep. Brad Sherman (D-Calif.) floated the idea of electing former President George W. Bush the next Speaker of the House.

From The News Desk

Here’s How Much Chris Christie Is Worth

Plenty of politicians make big money after leaving office: Just ask Nikki Haley, Mike Pence or Joe Biden, who all tapped into tried-and-true moneymaking methods for political figures—writing books, giving speeches, doing consulting or sitting on boards. But of all the people running for president today, nobody has played the game better than Chris Christie, reports Kyle Mullins.

The former New Jersey governor and his wife, Mary Pat, reported $1 million to $2 million in assets when Christie left office in 2018, plus a $1.3 million house in Morris County, New Jersey. Today, the couple is worth $15 million, according to Forbes’ estimates, meaning their net worth has roughly quadrupled. The Christies now have two homes in the Garden State, worth roughly $6 million total, plus a sizable portfolio of investments, a large pension from Christie’s law firm and two smaller ones from his time in government.

How’d they build such a big fortune in such a short period of time? By doing what Haley, Pence and Biden did, but on a bigger scale. Christie, a lifelong public servant who was among the poorest 2015 presidential hopefuls, is now one of the richest people vying for the Oval Office in 2024.

MORE FROM FORBESHere’s How Much Chris Christie Is Worth

Here’s How Much House Majority Leader Steve Scalise Is Worth

House majority leader Steve Scalise (R-La.) came up short in his battle to secure the 217 votes needed to replace ousted House speaker Kevin McCarthy (R-Calif.). But with the GOP still unable to coalesce behind a colleague, who knows what’s next? The New Orleans native has never run from a fight, rapidly returning to Congress after he was shot by a left-wing extremist in 2017—and again in September, after announcing he was diagnosed with cancer in August.

If Scalise does come back to claim the speakership, he will earn his second pay raise in less than a year, a $30,100 bump from his current $193,400 Congressional salary, reports Matt Durot. That would be substantial for the 58-year-old Scalise, whose nearly 30-year government career has yielded him a net worth of about $350,000, according to Forbes’ estimates.

MORE FROM FORBESHere’s How Much GOP House Speaker Nominee Steve Scalise Is Worth


Digital World Acquisition Corp. announced plans to merge with Trump Media & Technology Group in October 2021. In the two years since the intended deal was made public, what has not happened?

a. The SEC charged a former Digital World board member and two others with insider trading of the stock.

b. Digital World settled fraud charges with the commission for “making material misrepresentations” in its pre-IPO filings.

c. Investors backed out of $467 million in commitments.

d. The merger was finalized.

Check if you got it right here.

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Donald Trump endorses Jim Jordan to succeed Kevin McCarthy as U.S. House speaker

Former President Donald Trump is officially backing Rep. Jim Jordan of Ohio, House Judiciary Committee chairman and long-time Donald Trump defender, to succeed Kevin McCarthy as House speaker.

“Congressman Jim Jordan has been a STAR long before making his very successful journey to Washington, D.C., representing Ohio’s 4th Congressional District,” Mr. Trump wrote on his Truth Social site shortly after midnight Friday. “He will be a GREAT Speaker of the House, & has my Complete & Total Endorsement!”

The announcement came hours after Texas Rep. Troy Nehls said on October 5 that Mr. Trump had decided to back Mr. Jordan’s bid and after Mr. Trump had been in talks to visit Capitol Hill next week as Republicans debate who should be the next speaker following Mr. McCarthy’s stunning ouster.

The trip would have been Donald Trump’s first to the Capitol since leaving office and since his supporters attacked the building in a bid to halt the peaceful transition of power on January 6, 2021. Mr. Trump has been indicted in both Washington and Georgia over his efforts to overturn the results of the election, which he lost to President Joe Biden.

Donald Trump, the current GOP Presidential front-runner, has used the leadership vacuum on the Hill to further demonstrate his control over the Republican Party. House Republicans are deeply fractured and some have been asking him to lead them — a seemingly fanciful suggestion that he also promoted after inflaming the divisions that forced out Kevin McCarthy as Speaker.

Mr. Trump had been telling people in recent days that he preferred Jim Jordan for the post, according to two Republicans familiar with his thinking and granted anonymity to discuss it. But it was unclear whether he intended to announce it before Mr. Nehls’ tweet.

“Just had a great conversation with President Trump about the Speaker’s race. He is endorsing Jim Jordan, and I believe Congress should listen to the leader of our party,” Mr. Nehls wrote late Thursday on X, formerly known as Twitter.

Explained | What are the implications of Kevin McCarthy’s ouster?

In an interview with The Associated Press, Mr. Nehls, who had been encouraging Donald Trump himself to run for job, said the former President had made up his mind.

“After him thinking about it and this and that … he said he really is in favour of getting behind Jim Jordan,” Mr. Nehls said. “He believes Jim Jordan is right for the job.”

Jim Jordan is one of the two leading candidates manoeuvering for Speaker along with Rep. Steve Scalise of Louisiana. Both are trying to lock in the 218 votes required to win the job and need the support of both the far-right and moderate factions of the party. It’s unclear whether a Trump endorsement will force Mr. Scalise, the current GOP majority leader, out of the race.

Mr. Nehls said that if no current candidate succeeds in earning the support needed to win, he would once again turn to Mr. Trump. “Our conference is divided. Our country is broken. I don’t know who can get to 218,” he said in an interview.

Earlier, Donald Trump had told Fox News Digital that he was heading to Washington on Tuesday to meet with Republicans. Three people familiar with the matter disclosed the talks about visiting the Capitol to The Associated Press, speaking on condition of anonymity ahead of an official announcement. Mr. Nehls, however, said it was unlikely Mr. Trump would make the trip.

Mr. Trump would most likely have attended a closed-door candidate forum that Republicans plan to hold Tuesday evening ahead of a Speakership vote that could happen as soon as on Wednesday, according to one of the people familiar with the matter.

Mr. Jordan is also one of Donald Trump’s biggest champions on the Hill and has been leading the investigations into prosecutors who have charged the former President. He was also part of a group of Republicans who worked with Mr. Trump to overturn his defeat ahead of January 6. Mr. Scalise has also worked closely with Mr. Trump over the years.

One of the people familiar with the planning had cautioned earlier on Thursday that, if Mr. Trump did go ahead with the visit, he would be there to talk with Republican lawmakers and not to pitch himself for the role.

Still, Mr. Trump continued to stoke speculation, telling Fox News Digital on Thursday that he would accept a short-term role as Speaker — for anywhere from 30 to 90 days — if another candidate doesn’t have the votes to win.

“I have been asked to speak as a unifier because I have so many friends in Congress,” he told the outlet. “If they don’t get the vote, they have asked me if I would consider taking the Speakership until they get somebody longer-term, because I am running for President.”

In a social media post earlier in the day, he added that he “will do whatever is necessary to help with the Speaker of the House selection process, short term, until the final selection of a GREAT REPUBLICAN SPEAKER is made – A Speaker who will help a new, but highly experienced President, ME, MAKE AMERICA GREAT AGAIN!”

The Republican conference is filled with members generally supportive of Donald Trump, but whether they’d back him to serve as Speaker remained to be seen. The role is a demanding position — effectively running the Capitol and dealing with hundreds of lawmakers — and requires an attention to the arcane details of legislating that Mr. Trump showed little interest in even when he was President.

While he is dominating his GOP Presidential rivals, Mr. Trump is also still travelling to early primary states to campaign and has been spending much of his time focussed on the four criminal indictments and several civil cases he is facing.

While there is no requirement that a person be elected to the House to serve as Speaker, every one of the 55 Speakers the House has elected has been a member of the chamber. From time to time, lawmakers have thrown their votes to those outside of Congress, often as a protest against the candidates running.

Mr. Trump helped Mr. McCarthy win the Speakership in January after 15 rounds of voting. But he exhorted Republicans to impeach Joe Biden and to reject deals that McCarthy negotiated. Last month, he urged the right flank to support a government shutdown if Republicans did not win deep spending cuts, declaring on social media that the GOP “lost big on Debt Ceiling, got NOTHING, and now are worried that they will be BLAMED for the Budget Shutdown. Wrong!!! Whoever is President will be blamed, in this case, Crooked (as Hell!) Joe Biden!”

Kevin McCarthy ultimately moved to keep the government open for 45 days without the cuts demanded by hard-right conservatives. Rep. Matt Gaetz, a Florida Republican and long-time Donald Trump ally, cited that decision as reason to move to depose the Speaker.

Among those who had pushed Mr. Trump for Speaker was Georgia Rep. Marjorie Taylor Greene, a long-time Trump ally who didn’t vote to remove Mr. McCarthy. She posted on X that she believed “he would take the job.”

Mr. Nehls, the Texas Republican who was among the first to promote Mr. Trump for the job, said before his Thursday evening conservation with Mr. Trump that he’d been contacted “by multiple Members of Congress willing to support and offer nomination speeches for Donald J. Trump to be Speaker of the House.” “Next week,” he wrote on X, “is going to be HUGE.”

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The Flat Circle Of Republican Stupidity

Republicans long for a past that never was, and this inevitably leads them to sound like idiots as they twist themselves into pretzels trying to rationalize their calls for societal regression. Need examples? Let’s look at some in the Sunday shows!

We’re Not Book Burning, You’re the Book Burning!

Republican National Committee Chair Ronna Romney McDaniel was on “Fox News Sunday,” and while discussing the party’s post 2022 debrief report, she said a few things that were surprisingly truthful.

MCDANIEL: […] biggest takeaway we are taking is independents did not break our way, which has to happen if we’re going to win in 2024, which usually that’s what causes that red wave. And abortion was a big issue in key states like Michigan and Pennsylvanian. […] Republicans are migrating. They are migrating to red states. […] But it means the White House electorally isn’t available to us unless we go through a purple or blue state. And those states are getting bluer, because red voters are moving to the red states. […] the path to the White House runs not just through independents, but every single Republican getting on board.

It’s pretty shocking to hear anyone in the RNC, much less its chairperson, point out an objective reality. So what different actions or rhetoric do they plan to use to better their chances in 2024? Like, for example, abortion:

MCDANIEL: […] What abortion is a bad idea to Democrats? Ninth month, eighth month, seventh month? They can’t even articulate an abortion that’s a bad idea. Gender selection, if it’s a girl, you get to abort it. Tax-funded abortions for people where it’s against their religious conscience. […]

Nothing, then. They plan on changing nothing and expecting different results. If only there was a phrase for that.

Actually, correction, they do have another political strategy: The ole’ “we’re rubber, you’re glue”!

When asked about Republican attacks on trans people, which are politically unpopular, McDaniel attempted some very strained whataboutism.

MCDANIEL: […] the Democrats are using this word book banning. […] That’s a lie. There isn’t book banning. What Republicans are doing are protecting our children and parental rights […] But it’s good to know the Democrats playbook and we’re going to push on that, especially coming from the Democrat party that is banning freedom of speech, that is canceling people, that is destroying your life if you don’t think with their orthodoxy. This is the Democrat Party who is saying if you think outside of the box and everything, we are dictating to you, you will make you lose your job, we will destroy you.

Republicans have literally been fighting Disney because it dared exercised free speech, made book banning much easier, extended Florida’s “Don’t Say Gay” bigotry, and threatened to separate children from parents who are not bigoted toward their trans kids. But, sure, it’s the Democrats who are “destroying anyone who doesn’t conform to orthodoxy and taking their jobs while threatening to destroy them.”

Speaking of, how’s that dirt file on fired Fox News host Tucker Carlson?

Let’s Default Our National Debt!

House Republican Whip Tom Emmer appeared on CNN’s “State of The Union” and wouldn’t directly state that his party won’t force a default on the nation’s debt.

Host Dana Bash tried pointing out specifically how the cuts they want would hurt his constituents, but Emmer made it clear he will ignore them or just blame Nancy Pelosi when the reality doesn’t match his delusions.

GOP’s Vanity Tech Douche Candidate Returns

NBC’s “Meet The Press” had on Republican presidential candidate Vivek Ramaswamy. Although considering his polling, calling him a candidate is a bit too generous, but nonetheless, we are all subjected to his stupidity on TV and expected to take him seriously. So fresh from giving Don Lemon his last good journalistic moment on CNN, Ramaswamy made Chuck Todd look like Walter Cronkite.

When Ramaswamy brings up an example of a person who says their gender doesn’t align with their biological sex, he seems to know the difference between sex and gender. But when Todd questions his stance on gender being binary, Ramaswamy then perhaps deliberately conflates biological sex with gender.

RAMASWAMY: Well, there’s, there’s two X chromosomes if you’re a woman. An X and a Y, that means you’re a man.

TODD: There’s a lot of scientific research out there –

RAMASWAMY: There’s a biological basis for this —

TODD: There’s a lot of scientific research out there that says gender is a spectrum.

RAMASWAMY: Chuck, I respectfully disagree.

Funny how these transphobic clowns want to bring biology into this UNTIL scientific research disputes their transphobia and then they fall back on what they “feel” or disagree just because.

Ramaswamy also equates abortion with murder but says it’s a “states’ right issue.” That’s not how “states’ rights” work, even if a Republican nominee barely polling above skim milk says so.

Asa Hutchinson’s Decimal Points

Speaking of polling, Asa Hutchinson announced he was running for president almost exactly a month ago. He appeared on CNN’s “State Of the Union” this week to call for going back to a Republican Party that died long before Trump came down an escalator in 2015. So how are Republican voters embracing this? We’ll let this picture summarize it.

Can this change for Hutchinson? Likely not when he is polling lower than the fictional Conor Roy in “Succession,” who we actually compared to Hutchinson too optimistically.

Phrasing, Steve Scalise!

When asked about any possible tension between himself and House Speaker Kevin McCarthy on ABC’s “This Week,” Steve Scalise chose an odd way to describe their closeness yet trust.

Could be worse: Scalise could have kept misunderstanding what “raw dog” is.

Have a week

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