James’ investigation revolves around claims the Trump Organization overvalued its properties to secure favorable terms on loans, insurance coverage and tax deductions.
Trump filed a federal lawsuit against James’ office last year, hoping to stop her inquiry.
The New York Post further reports:
The former president filed the lawsuit in Syracuse federal court in December saying that the AG’s two-year investigation into the Trump Organization’s business dealings is being carried out with “political animus” because James views Trump “as a political opponent.”
Trump asked the federal court to halt a Manhattan Supreme Court lawsuit that James has against Trump and the company claiming they are stonewalling her probe. Or alternatively, Trump asked that James be forced to recuse herself from both her civil case and from her participation in the Manhattan district attorney’s criminal probe.
Syracuse federal Judge Brenda Sannes denied those requests in dismissing Trump’s suit, finding that he could have made the same request of the Manhattan judge handling James’ suit.
“The court concludes that plaintiffs could have raised the claims and requested the relief they seek in the federal action in the New York proceeding,” Sannes’ decision reads.
James’ office launched its investigation shortly after former Trump attorney Michael Cohen testified before Congress that the Trump organization had overvalued its assets.
Friday’s news follows an appeal court’s ruling earlier this week that Trump and his two eldest children, Don Jr. and Ivanka, must testify under oath in James’ investigation.