“Federal prosecutors in Manhattan are investigating whether President Trump’s 2017 inaugural committee misspent some of the record $107 million it raised from donations,” the Wall Street Journal reports.
The Journal, citing people familiar with the matter, says the investigation arose in part from the slew of materials seized in April raids on Trump’s former personal lawyer, Michael Cohen, by federal prosecutors.
The criminal probe is also looking into whether some of the committee’s top spenders traded money for access to the incoming Trump administration, as well as “policy concessions or to influence official administration positions.”
Jonathan Chait: “Trump’s inauguration looked fishy from before it even took place.”
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