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Inaugural and everything to do with what the path forward looks like. >> reporter: last night a spokes person for the presidential inaugural committee issued this statement to reporters. new york prosecutors request for records, we just received a subpoena for documents while we are still reviewing the subpoena, it is our intention to cooperate with the inquiry. according to the wall street journal, prosecutors are seeking documents related into august recall committee donors and vendors and any benefits they may have received after making their contributions. another key investigative threat ...

Making contributions. another key threat examines whether donations were made by foreign national. the inaugural committee raised $107 million for events to celebrate the inauguration. any contributions in exchange for political favors could be a violation of corruption laws. the investigation grew out of the michael cohen case. the former personal attorney to the president, that charge was brought by robert mueller over statements to lawmakers cohen made about a 2016 trump tower moscow real estate project and cohen had charges of tax evasion. cohen's appearance remain in flux later this week....

Committee. investigators are seeking documents related to the committee finances including whether any donations came from foreign nationals. chief intelligence correspondent catherine herridge with the news in washington. >> think you come harris. good afternoon. a spokesperson for the presidential egg inaugural committee issued a brief statement late last night to reporters about an inquiry from your prosecutors and request records. "while we are still reviewing the subpoena, it is our intention to cooperate with the inquiry." according to "the wall street journal" that first reported on the...

Breaking news just in. "the wall street journal" is reporting that federal prosecutors in manhattan are investigating the trump inaugural committee and whether top donors gave money for access to the trump administration or more, anything that could violate federal corruption laws, according to "the journal." our cnn legal analyst joins me on the phone. how locally significant could this story be? >> reporter: it could be big, jake. it looks like a lot of evidence came out of the search warrant that the southern district of new york did on michael cohen's office and hotel back in april, and --...

I want to come back to start with the president's tweets where he said what's the big deal? i was running for president and there is nothing wrong with having my business while running for president. that's what the president says. it's all good and legal. he ignores that as a candidate for president, he was calling for easing sanctions on russia. as a candidate for president, if they were negotiating a deal into noon and possibly telling vladimir putin you can have the penthouse first reported by buzz feed and then cnn, that violates federal corruption laws. you can't do that. the president l...