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Chairman of the House Oversight Committee Elijah Cummings (D-Md.) is preparing to issue a subpoena on Monday for all of President Trump's financial records from Mazars USA, according to a memo released Friday, per Politico.

Details: Mazars, the accounting firm, asked Cummings for a "friendly" subpoena, Politico reports. Cummings wrote that the subpoena is a result of Trump's lawyer Michael Cohen's testimonies that Trump "altered the estimated value of his assets and liabilities on financial statements." Cummings also noted Rep. Jim Jordan's (R-OH) "troubling actions," by sending Mazar a letter telling the company not to comply with the committee's request.

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General Motors tries to revive incendiary lawsuit vs. Fiat Chrysler

Illustration: Eniola Odetunde/Axios

General Motors is trying to revive an incendiary lawsuit against Fiat Chrysler Automobiles with explosive new allegations including bribes paid from secret offshore bank accounts and a union official acting as a double agent between the two automotive giants.

Why it matters: The extraordinary legal battle is occurring amid earth-shaking changes in the global auto industry that threaten to turn both litigants into dinosaurs if they aren't nimble enough to pivot to a future where transportation is a service, cars run on electrons and a robot handles the driving.

2 hours ago - Health

Cuomo says all New York schools can reopen for in-person learning

Gov. Cuomo on July 23 in New York City. Photo: Jeenah Moon/Getty Images

New York Gov. Andrew Cuomo announced Friday that all school districts across the state can choose to reopen for in-person learning because it has so far maintained low enough coronavirus transmission rates.

Why it matters: It’s another sign that the state, once the global epicenter of the pandemic, has — at least for now — successfully curbed the spread of the virus even as infections have surged elsewhere around the country.

Appeals court allows House Democrats to continue lawsuit for Don McGahn testimony

Don McGahn in an October 2018 Cabinet meeting. Photo: Chip Somodevilla/Getty Images

A D.C. appeals court on Friday allowed House Democrats to continue their case for testimony from former White House counsel Don McGahn before the House Judiciary Committee.

Why it matters: The ruling has broader implications beyond this specific instance, agreeing that Congress has the standing to sue to enforce subpoenas against executive branch officials even if the White House refuses to comply.