'Ultimate Nightmare Scenario for Trump': CNN's Jake Tapper Explains Why Investigators' Latest Move Terrifies the President

A new development first reported on Thursday in the ongoing investigations into President Donald Trump and his closest allies could be a devastating blow for the president's defense against legal peril.


As the Wall Street Journal reported, Allen Weisselberg, one of the most senior members of the Trump Organization that isn't a member of the Trump family, was called to testify as a part of the Southern District of New York's investigation into Trump's former lawyer Michael Cohen.

CNN's Jake Tapper explained Thursday why this is such a major development in the investigation.

"The longtime chief financial officer of the Trump [Organization], Allen Weisselberg — linked to payments to women who claimed to have had sex with President Trump — Weisselberg has been subpoenaed to testify before a grand jury," Tapper said. "The 'ultimate nightmare scenario for Trump,' according to a Trump organization employee who says that Weisselberg knows 'anything and everything about Mr. Trump's finances."

Weisselberg was also mentioned this week in a recording released of a conversation between Trump and Cohen from before the election discussing a hush money payment to Karen McDougal, a former Playboy model who says she had an affair with Trump. Cohen says on the recording that he talked to "Allen" about setting up a shell company to handle the relevant payments.

Weisselberg's being subpoenaed "seems a clear sign officials are moving closer to the president's closest inner circle from his old company," Tappe said.

As CFO of the Trump Organization, Weisselberg has broad and deep knowledge of the president's financial dealings. 

Watch the CNN clip below:

#story_page_post_article

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ post.roar_specific_data.api_data.analytics }}