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New York Attorney General Eric T. Schneiderman gestures as he speaks during a news conference, Thursday, Feb. 11, 2016, in New York. Morgan Stanley will pay $3.2 billion in a settlement over bank practices that contributed to the 2008 financial crisis, including misrepresentations about the value of mortgage-backed securities, authorities announced Thursday. (AP Photo/Mary Altaffer)

New York attorney general opening investigation into Trump Foundation


House democrats seek Justice Department investigation into Trump Foundation 

[UPDATE: 8:53 p.m.] 

House Democrats are pushing for the Justice Department to launch an investigation into the Trump Foundation after reports emerged that the foundation donated $25,000 to Florida Attorney General Pam Bondi's campaign in 2013. 

The donation came at the same time her office was considering whether to open an investigation into Trump University, according to CNN. 

These payments may have influenced Mrs. Bondi's official decision not to participate in litigation against Mr. Trump.
Letter to Attorney General Loretta Lynch

Both Trump and Bondi have said the donation was not any type of bribe. 

"These payments may have influenced Mrs. Bondi's official decision not to participate in litigation against Mr. Trump," Democratic leaders wrote in a letter to Attorney General Loretta Lynch Tuesday. 

Link to Democratic letter to Justice Department seeking probe.

'Troubling transactions'

New York Attorney General Eric Schneiderman <b>told Politico Tuesday</b> he has opened an investigation into the Donald J. Trump Foundation.

Schneiderman said the investigation is geared "to make sure [the foundation is] complying with the law governing charities in New York."

A source familiar with the investigation said the inquiry was launched because of recent "troubling transactions." 

Trump reportedly spent $258,000 from his charitable foundation on personal legal issues

WATCH  | Eric Schneiderman discusses why he's investigating Trump's charitable foundation.

Trump campaign responds to NY probe

"Attorney General Eric Schneiderman is a partisan hack who has turned a blind eye to the Clinton Foundation for years and has endorsed Hillary Clinton for President," said Trump campaign spokesman Jason Miller in a statement.

"This is nothing more than another left-wing hit job designed to distract from Crooked Hillary Clinton's disastrous week."

Trump bought gifts for himself

According to a recent report from the <b>Washington Post</b>, an investigation into the Donald J. Trump Foundation, which examined 17 years of tax filings, revealed it collects and spends money in an unusual way.

First of all, nearly all of the foundation's money comes from donors. According to tax records, the Washington Post reported that Trump's last donation was in 2008.

The investigation also revealed that in at least two cases, Trump has used money from the charity to buy gifts for himself. 

A $20K 6-foot painting

One of those gifts, according to the Post, was a 6-foot-tall painting of himself worth $20,000.

The investigation also found that Trump paid a penalty to the Internal Revenue Service for donating money from the foundation to a political campaign, which is illegal. 

WATCH  | CNN reports Trump used foundation money for personal purchases

Schneiderman previously sued Trump University

"My interest in this issue really is in my capacity as regulator of non-profits in New York state, and we have been concerned that the Trump Foundation may have engaged in some impropriety from that point of view," Schneiderman told CNN.

Schneiderman previously sued Trump University, calling it a scam.

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