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The New York Times reports James issued subpoenas to Deutsche Bank and Investors Bank on Monday for information on their financing of Trump's Bills bid and four Trump Organization projects. Cohen told the House Oversight Committee that the Trump Organization had sometimes inflated the value of its assets on financial statements to get loans, or better rates on insurance.

The investigation's scope is not yet known at this time, additional reporting from Bloomberg noted.

The new line of inquiry was prompted by congressional testimony last month by Trump's former lawyer Michael Cohen, the paper said. Cohen said Trump kept two sets of books and inflated his assets by $4 billion - credited to "brand value" - to Deutsche Bank as part of a loan application for buying the Bills in 2014.

Lying on financial forms in order to better your chances for loans is a civil crime, and in NY state the attorney general has broad authority to deal with such matters, including levying huge fines on corporations found in violation of such laws. The attorney general has broad authority under state law to investigate fraud and can fine - or in extreme cases, go to court to try to dissolve - a business that is found to have engaged in repeated illegality.

Eagles trade Michael Bennett to Patriots
According to a report from Jeff McClane of the Philadelphia Inquirer , Bennett is on his way out of the City of Brotherly Love. The team made a major move on Friday by acquiring defensive end Michael Bennett from the Philadelphia Eagles .

Investigators also requested records connected to an unsuccessful effort to buy the Bills, the person said.

Trump has been plagued with multiple scandals since he first took office.

Olayinka Fadahunsi, Vice President of Communications at Deutsche Bank in NY, declined to comment on the subpoena. Messages left with New Jersey-based Investors Bank and the Trump Organization were not immediately returned.

Deutsche Bank and Investors Bank declined to comment. In August, referring to the investigation by the special counsel, Robert Mueller, into Russian interference in the 2016 election, she said, "The president of the United States has to worry about three things: Mueller, Cohen, and Tish James". Trump has also said that Cohen, who pleaded guilty to charges of illegal campaign contributions, is a liar who can not be trusted. The previous acting attorney general already humiliated the president by filing a lawsuit against and dissolving the Trump Foundation.