Officials wanted say in Trump charity closure

NEW YORK (AP) – The New York Attorney General’s Office says it blocked President Donald Trump’s foundation from voluntarily going out of business because the charity wanted to do so without oversight.

A spokeswoman for Attorney General Barbara Underwood says the Trump Foundation only sought to dissolve after it found itself under investigation two years ago.

The sides agreed Tuesday to a court-supervised plan for the foundation to fold and distribute its remaining $1.7 million in assets to other charities.

Underwood alleged in a lawsuit last spring that Trump operated the foundation as an extension of his businesses and political campaign.

Trump Foundation lawyer Alan Futerfas says the foundation had been seeking to dissolve since Trump’s presidential election victory in 2016.

The attorney general’s office says doing so without supervision would have been unacceptable.