The top Democrat on the Senate Finance Committee is asking the Treasury Department for documents related to a Florida property previously owned by President Trump.
In a letter to Secretary Steven Mnuchin reported by CNN, Sen. Ron Wyden (D-Ore.) requested any related documents or Suspicious Activity Reports (SARs) the Treasury Department may have regarding the property, which Trump sold in 2008 to a Russian named Dmitry Rybolovlev.
“In the context of the President’s then-precarious financial position, I believe that the Palm Beach property sale warrants further scrutiny,” Wyden writes in the letter.
“It is imperative that Congress follow the money and conduct a thorough investigation into any potential money laundering or other illicit financial dealings between the President, his associates, and Russia.”
The letter says Trump in 2004 bought the property for $41.35 million and sold it in 2008 to Dmitry Rybolovlev at the price of $95 million. Rybolovlev reportedly sold the property in parcels.
Rybolovlev, according to CNN, was included the Treasury Department’s list of Russian oligarchs who have close ties to the Kremlin.
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