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Michael Cohen subpoenaed in New York Trump Foundation probe

Michael Cohen exits federal court, August 21, 2018 in New York City. Photo: Drew Angerer/Getty Images

One day after pleading guilty to eight counts of criminal financial charges stemming from a separate investigation, Michael Cohen has been subpoenaed by New York state investigators in the ongoing probe of the Trump Foundation, the Associated Press reports.

The big picture: The Foundation is being investigated by the New York Attorney General's office, and the New York Department of Tax and Finance. The lawsuit brought by the New York Attorney General's office alleges that the Trump Foundation engaged in political activity illegally and was involved in self-dealing transactions.

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