Investigation Into Trump's Finances Enters Crucial New Phase

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According to a new report from Reuters, investigators in New York are entering a new phase of the investigation into Trump's finances. This new phase is where the begin to seek out witnesses who are able to paint a vivid picture of corruption in front of a jury. The fact that this is now happening indicates that the investigators have evidence of criminal behavior, and need people to explain how it took place. Ring of Fire's Farron Cousins explains what's happening.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

According to a new report from Reuters, the investigators in New York, looking into Donald Trump's finances are entering what they're calling a new phase of the investigation. And this new phase is absolutely terrifying for the Trump organization and the Trump family. This is the phase, according to the report where they start looking for witnesses. And the reason they're looking for witnesses is so that they can go in front of a jury and vividly paint a picture of all the corruption that took place with this organization. So why is that so horrible for the Trump administer or excuse me, Trump organization? Well, they wouldn't be looking for corroborate

Witnesses if they didn't have evidence of wrongdoing,

Evidence can speak for itself

To a degree,

But what you really need is somebody that was involved. Somebody who helped somebody who saw it take place with their own eyes to go in front of the jury and tell the story that the evidence cannot tell it's one thing to see facts and figures and statistics on a piece of paper. It's another to have somebody else come in and explain exactly how those numbers got there and what it means. So, yes, this is a huge development in this case, and yes, it is horrible for the Trump administration, because like I said, this pretty much gives us a clear answer as to whether or not they have found evidence of wrongdoing. And it was,

It would appear that the answer is yes. Again, I'm not sure

Part of this investigation. I do not know what they have and what they do not have,

But, you know, kind of do have a

Pretty decent grasp on America's legal system. I do understand to a degree

Criminal proceedings,

And this is what happens. This is the logical step. These investigators, the prosecutor's side of aunts up in Manhattan,

And they're doing it by the book. They're doing it step by step. They're doing it

Actually a lot faster than I thought they

Would. And every move they have made, um,

Basically since November, when they actually started calling a lot of witnesses into the office, some of them have gone back four or five times, not just Michael Cohen. Uh,

The whistle Burges have gone in

For multiple different interviews. And yes, these individuals are also likely going to be witnesses, but you need more from the report. Prosecutors are looking to gather information and testimony from bankers, bookkeepers, real estate consultants, and others close to the Trump organization who could provide insights on its dealings. And that is according to both interviews, court filings process of identifying all witnesses and targets could take months. So that's where we stand right now with this ongoing investigation. Again, the whole point of having the witnesses is to corroborate what you see on paper and to explain what that means to them.

Jury, this thing is getting hot. This thing is getting intense. And

Every new article that comes out, every new court filing

Gives really,

Really bad news for everyone in the Trump organization.